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MLS® C12397967

850 College St

Toronto C01, ON M6H 1A2

$6,000,000

Bathrooms

10

Type

Commercial Retail

Taxes (2025)

$33,778.48

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Description

Outstanding investment opportunity in the heart of Toronto's rapidly growing College & Ossington corridor. This mixed-use building offers a newly renovated main-floor commercial tenant, and six residential units, including Four 2-bed and 1-bathroom units, and two large two-level 2-bedroom apartments on the upper floors with rooftop terraces. For added income, the roof has a cellular antenna, and there is a full basement for ample owner storage. The property benefits from flexible mixed-use zoning that permits a wide variety of residential and commercial uses. This makes the property attractive both as a stable income-generating asset today and as a potential redevelopment or intensification opportunity in the future. Situated at College and Ossington, one of Toronto's most dynamic intersections, the property enjoys excellent visibility, steady pedestrian traffic, and direct TTC access. The surrounding neighbourhood is home to some of the city's best restaurants, retail, and cultural destinations, ensuring strong tenant demand and long-term appreciation. Three rear parking spaces, including one dedicated to the commercial lease, add further convenience and value. This is a rare chance to acquire a turn-key mixed-use building in a thriving location with proven income, flexible zoning, and long-term growth potential, an ideal addition to any investor's portfolio.

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Property Details

Property TypeCommercial Retail
CommunityPalmerston-Little Italy
Washrooms10
Lot Size2,938 sq ft
Lot Dimensions24.83 × 129.13 ft
Lot Size Area2,938 sqft (GeoWarehouse)
Dir/Cross StCollege St and Ossington Ave
Garage TypeLane
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$33,778.48
HSTIn Addition To
SecurityYes
Listed Date9/11/2025
Days on Market211 days
PossessionFlexible
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

REVEL REALTY INC.

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MLS® #C12397967