For Sale - 684 College Street, Toronto, Ontario

Est payment $9,124/mo
Views   2
Time on Jump  14 day
  • Mixed-use building with 1 commercial unit and 3 residential units available.
  • Fully vacant, ideal for starting a business or rental income.
  • Potential annual income of $136,800 with market rents.
  • Located in vibrant Little Italy with popular eateries and shops.
  • Good transportation access with streetcar service right outside.



Little italy 3 storey mixed use building with parking for sale. 1 commercial ground floor unit + 3 residential units. Building completely vacant. Dream opportunity to start your own business or rent our entire building at market rents. Previous rental rates for units are as follows: main floor commercial unit $3900/mth gross lease, rear one bedroom $1900/mth, 2nd flr 2 bedroom $2800/mth, 3rd flr 2 bedroom $2800/mth. All units plus hydro w/ sep meters. 5 hydro meters in total. Potential annual income $136,800 "as is". Insurance $6,000/yr, common area hydro $1,200/yr, gas $3,500/yr, water $3,700/yr. Opportunity for value-add investor to increase income with some cosmetic renovations. 1 parking spot in rear garage. Bsmt with separate entrance also has potential for additional unit. Mechanically the building is well updated with no major cap-ex necessary. Positioned along one of the most desirable sections of college street, this building sits in the middle of toronto's vibrant little italy district. The area is known for its popular eateries, specialty retailers, local markets, and lively coffee spots that draw constant foot traffic. Convenient streetcar service directly outside the property makes commuting easy for both visitors and occupants. Whether the goal is to secure dependable rental revenue, create a combined residential and workspace environment, or simply hold a valuable asset for the future, the property offers significant flexibility. This is a rare chance to acquire a versatile investment in one of downtown toronto's most dynamic and sought-after neighbourhoods.
Listing IDC12877878
Address684 College Street
CityToronto, Ontario
Price$1,900,000
Bath4 Full
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Water RadiatorsSewer Sanitary+Storm
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Listing Agency:  RE/MAX WEST REALTY INC.

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