648 College Street, Toronto, ON M6G 1B8
Palmerston-Little Italy · C01 · M6G 1B8
$99,999
$83 / sq ft1 months on market
- Total area
- 1,200 sf
- Lot
- 16.37 × 17.71 ft
What's special
- Yes
About this property
Restaurant Premises with potential for an espresso/coffee bar, Panini Shop Business for Sale-Prime Little Italy, Toronto! One of downtown Toronto's most vibrant and high traffic neighborhoods. This corner offers excellent visibility , strong pedestrian traffic, and an established local community. Gross monthly rent of $5,500(including TMI) This fully equipped space is ready to operate and features commercial kitchen equipment and everything needed to continue operating. Whether you're an experienced operator, or a first time-business owner, this set-up offers a smooth transition and minimal start-up costs. Please Note: The existing liquor license is not currently active. The purchaser/tenant will be responsible for making any required application to the AGCO for a new liquor license, subject to AGCO approval and all applicable requirements. Don't miss this rare chance to secure a ready-to-operate business in one of Toronto's most desirable neighborhoods.
Property details
Property
- Property type
- retail
- Interior size
- 1,200 sq ft
- Lot size
- 16.37 × 17.71 ft
- Zoning
- CR3
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Costs
- List price
- $99,999
- Property taxes
- $16,908 / year (2026)
- Price per sq ft
- $83
- Rental items
- Dishwasher
Listing
- MLS® number
- C13793556
- Status
- For sale
- Listed
- September 16, 2026
- Days on market
- 49
- Last updated
- October 1, 2026
- Listing brokerage
- RIGHT AT HOME REALTY
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 0% of comparable retail listings in Palmerston-Little Italy are asking less.
- This home
- $83 / sq ft
- Comparable median
- $749 / sq ft
Based on 12 comparable active retail listings in Palmerston-Little Italy. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $525.27
- Property tax (est.)
- $1,409.00
- Estimated monthly
- $1,934
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
- $725
- Toronto municipal
- $725
- Total due on closing
- $1,450
An estimate on the asking price of $99,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RIGHT AT HOME REALTY. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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