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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
9300 sq. ft. Square Feet
Total Area:
9,300 sq. ft.864 m2
Retail Area:
2000 sq. ft. Sq Ft
Lot Depth:
129'1½"39.4 m
Lot Frontage:
24'10"7.57 m
Bathrooms:
10.0
Water supply:
Municipal
Zoning:
CR3 (c1;r2.5*1571)
Heating type:
Gas Forced Air Open
Garage:
Lane
Parking Spaces:
3
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$33,778.48 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Yes
All existing appliances, all electric light fixtures(excluding any belonging to a tenant), and all HVAC.
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