Last Sold Price
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Overview
Key Facts
Type Mixed Use
Levels Commercial Sale
Size 8677 sqft
Garage
Taxes $70,808
Days Active 0
Lot Size
Approx. Age
Avg. Price Per Sqft $597
MLS® Number C13839784
Property Address: 587-589 College St, Toronto, ON, M6G1B2
Average square foot calculated using Size range provided by listing agent.
Description
Rare opportunity to acquire two abutting mixed-use buildings at 587 and 589 College Street, in the heart of Little Italy on one of Toronto's most historic, proven and established streets. Steps from Clinton Street, this stretch of College has drawn diners, residents and visitors for generations, delivering the consistent foot traffic that keeps quality tenants in place. 587 College offers approx. 7, 011 sq ft over three levels, and 589 College offers approx. 1, 666 sq ft over two levels. Both main floors are anchored by established dining tenants. 587 is home to Dish Cooking Studio, a long-standing Toronto cooking school, cafe and event venue, with significant capital improvements on the main floor and a fully equipped commercial kitchen, no expense spared. 589 is home to Tav's Resto Bar, a rustic Italian pizzeria and gnocchi bar from the Taverniti Group. The second floor of 587 (approx. 2, 365 sq ft) is brand new, fully permitted and finished to a premium standard. Configured as student accommodation, it offers five bedrooms (from 9'10" x 15'7" to 10'5" x 18'8"), a kitchen with centre island, dining room, living room fronting College Street, two bathrooms with showers and three additional washrooms. Currently vacant, the space offers real flexibility: lease it to students for immediate income, or occupy it as professional offices for an architecture, law, accounting, design or marketing firm while the ground-floor tenants carry the building. A true investor or owner-occupier opportunity, with the 506 streetcar at the door and minutes to the University of Toronto, Kensington Market and downtown. (id:58753)Show Description
MLS® NumberC13839784
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatForced air, Natural gas
A/CFully air conditioned
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $5,188,000
For Sale · 0 days
$5,188,000
MLS® C13839784
3 hours ago
Not Sold Yet
September 2026, For Sale for $5,188,000
For Sale · 0 days
$5,188,000
MLS® C13839784
3 hours ago
Not Sold Yet
July 2024, Expired for $3,999,000
Expired · 805 days
$3,999,000
MLS® C8160948
2 years ago
Not Sold Yet
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