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For saleMLS® C13170018

460 College Street, Toronto, ON M6G 1A1

Palmerston-Little Italy · C01 · M6G 1A1

$5,990,000

$871 / sq ft

5 months on market

Total area
6,876 sf
Lot
30 × 132 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Rare investment opportunity on bustling College Street just west of Bathurst Street in one of downtown Toronto's most vibrant and sought-after commercial corridors. Attractive mixed-use property featuring a Michelin-recommended restaurant/hospitality tenant with inviting front patio at grade, generating strong street presence and appeal. Upper floors offer versatile modern office space configurations including three self-contained second-floor units and a bright, light-filled third-floor office currently occupied by a single tenant. Property also features two rear parking spaces plus dedicated locker space for each office unit and shared laundry area in the rear basement. Fantastic downtown Toronto location near major TTC transit, leading hospitals, the University of Toronto, Kensington Market, and countless outstanding area amenities.

Property details

Property

Property type
retail
Interior size
6,876 sq ft
Lot size
30 × 132 ft
Zoning
CR3(c3;r3*2512)
Possession
tbd

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$5,990,000
Property taxes
$66,980 / year (2025)
Price per sq ft
$871

Listing

MLS® number
C13170018
Status
For sale
Listed
May 25, 2026
Days on market
164
Last updated
October 26, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 100% of comparable retail listings in Palmerston-Little Italy are asking less.

$1.70MMedian $1.97M$3.71M
This home
$871 / sq ft
Comparable median
$691 / sq ft

Based on 12 comparable active retail listings in Palmerston-Little Italy. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,198,000
$1,198,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$26,495.79
Property tax (est.)
$5,581.63
Estimated monthly
$32,077

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$136,225
Toronto municipal
$195,925
Total due on closing
$332,150

An estimate on the asking price of $5,990,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,990,000

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