1
$490,000
267 College Street D, Toronto, ON M5T 1R6
Kensington-Chinatown · C01
900 sf
1 months on marketMLS® C13786232
Listing courtesy of RE/MAX METROPOLIS REALTY
1 / 44
For saleMLS® C14100046
544 Queen Street W, Toronto, ON M5V 2B5
Kensington-Chinatown · C01 · M5V 2B5
$590,000
$304 / sq ft2 weeks on market
- Bathrooms
- 1
- Total area
- 1,942 sf
What's special
- Outside/surface garage
About this property
***Lots of potential for growth in this well-established, profitable, environmentally friendly dry-cleaning business at 544 Queen Street West*** with high current sales serving hotel accounts, dry cleaners, convention centres, and walk-in customers. Increased sales Y-O-Y (2025 to 2026). All equipment fully owned-none leased, none rented. Full depot customer-facing storefront on busy Queen Street with complete plant on-site garment-care production, shirt-finishing and pressing equipment, boilers, commercial washers, and dryers to serve commercial B2B clients, which include dry cleaners, hotels, and convention centres. An amazing opportunity for an owner-operator or an existing garment-care business seeking an additional location. Seller will train buyer on how to operate and grow this successful business.
Property details
Property
- Property type
- business
- Bathrooms
- 1
- Interior size
- 1,942 sq ft
- Zoning
- Retail
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- No
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary
Costs
- List price
- $590,000
- Price per sq ft
- $304
Listing
- MLS® number
- C14100046
- Status
- For sale
- Listed
- October 20, 2026
- Days on market
- 15
- Last updated
- October 21, 2026
- Listing brokerage
- REMAX CONNECT 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 above most comparable listings — about 100% of comparable business for sale listings in Kensington-Chinatown are asking less.
$85KMedian $160K$378K
- This home
- $304 / sq ft
- Comparable median
- $115 / sq ft
Based on 19 comparable active business for sale listings in Kensington-Chinatown. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.8% · minimum $34,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $3,074.22
- Estimated monthly
- $3,074
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
- $8,275
- Toronto municipal
- $8,275
- Total due on closing
- $16,550
An estimate on the asking price of $590,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REMAX CONNECT 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.
Similar properties nearby
6
$568,000
46 Kensington Avenue MAIN/BASEMENT, Toronto, ON M5T 2K1
Kensington-Chinatown · C01
1,300 sf
1 months on marketMLS® C13783316
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.