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For saleMLS® C13172806

674 College Street, Toronto, ON M6G 1B8

Palmerston-Little Italy · C01 · M6G 1B8

$65,000

5 months on market

Lot
12 × 13 ft

What's special

  • Street garage
  • Yes

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About this property

Excellent opportunity to own a dry cleaning/laundry business in the heart of Toronto's vibrant Little Italy on College Street. Located in a high-visibility commercial corridor surrounded by restaurants, cafes, retail shops, residential neighbourhoods, and strong pedestrian traffic. Ideal for an owner-operator or entrepreneur looking for an affordable business opportunity in a prime downtown location. Existing use is dry cleaning/laundry, with potential to continue the current operation or reposition the space subject to landlord approval and applicable regulations. Do not go direct. Please book all showings through the listing brokerage. Rent $3559.5 hst&tmi included.

Property details

Property

Property type
business
Lot size
12 × 13 ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Garage
Street

Costs

List price
$65,000
Property taxes
$1 / year (2026)

Listing

MLS® number
C13172806
Status
For sale
Listed
May 26, 2026
Days on market
163
Last updated
May 27, 2026
Listing brokerage
BAY STREET GROUP INC.

Price & sale history

This property's sale history is hidden

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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 below most comparable listings — about 13% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K

Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $3,250
$3,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$341.43
Property tax (est.)
$0.08
Estimated monthly
$342

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
$375
Toronto municipal
$375
Total due on closing
$750

An estimate on the asking price of $65,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP 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.

$65,000

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