$1,900,000
FOR SALE

Investment

Lot: 23.54 x 99.84 ft
2025 Taxes: $17,500

684 College St
Toronto, ON M6G 1C1 | Palmerston-Little Italy

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.
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Listed By RE/MAX WEST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12877918
Last Updated Mar 20, 2026
Property Summary
Property Type Investment

More like this:
PIN 212520095
Taxes (2025) $17,500
Directions/Cross Streets College St & Beatrice St.
Neighbourhood Palmerston-Little Italy
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 4
Lot 23.54 x 99.84 ft
Air Conditioning No
Basement Basement
Garage Type Covered
Heat Type Water Radiators

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