HomeListingsTorontoC13104934

501 College Street Toronto C01 ON

📍 Toronto, Ontario M5S 2K2

$249,000

Active
18.32×113.16LOT (FT)

📋 Listing Highlights

StatusActive
MLS®C13104934
ListedMay 8, 2026
Days on Market
Property TypeCommercial
StyleSale Of Business
Cross StreetPalmerston
PossessionASAP

📝 Listing Description

Exceptional opportunity to acquire a stunning, fully turnkey restaurant in the heart of Little Italy on vibrant College Street. Recently completed top-to-bottom renovations have transformed this space into a beautifully designed hospitality venue ready for immediate operation. Licensed for 110 indoor seats plus 8 on the existing patio, with the potential to expand through a CafeTO patio setup, this location offers incredible revenue potential in one of the city's busiest dining corridors. Surrounded by some of Toronto's most celebrated food and beverage destinations, this historically successful location benefits from exceptional foot traffic, strong neighborhood demographics, and constant exposure day and night. A rare chance to step into a polished, fully equipped restaurant in a proven high-demand area. PLEASE DO NOT GO DIRECT & DO NOT SPEAK TO STAFF. Your Discretion Is Appreciated.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

📐 Lot & Land

Lot Width18.32 ft
Lot Depth113.16 ft
Cross StreetPalmerston

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GarageStreet

🧮 Mortgage Calculator

$49,800
Est. Monthly Payment
$1,223/mo
Principal: $199,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by RE/MAX ULTIMATE REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C13104934 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.