559-563 College Street, Toronto, ON M6G 1A9
Trinity-Bellwoods · C01 · M6G 1A9
$16,950,000
$311 / sq ft1 weeks on market
- Total area
- 54,567 sf
- Lot
- 85 × 125 ft
What's special
- Outside/surface garage
- Yes
About this property
559-563 College Street is a desirable brick-and-beam commercial office asset located in Little Italy. Spanning 54,567 square feet of gross leasable area, the building features efficient, right-sized floor plates of 9,300 square feet, high ceilings, and large windows. The asset offers near-term leasing flexibility offering value-add potential or long-term residential conversion. Exceptional transit access via the 506 and 511 streetcar routes and nearby Bathurst Station. There is an additional opportunity to acquire 491 College Street and/or a 46-stall parking garage at 301 Markham Street.
Property details
Property
- Property type
- office
- Interior size
- 54,567 sq ft
- Lot size
- 85 × 125 ft
- Zoning
- CR 5.6
- Possession
- Immediate
Interior
- Heating
- Electric Forced Air
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $16,950,000
- Property taxes
- $349,166 / year (2026)
- Price per sq ft
- $311
Listing
- MLS® number
- C14108854
- Status
- For sale
- Listed
- October 22, 2026
- Days on market
- 13
- Last updated
- October 26, 2026
- Listing brokerage
- JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 office listings in Toronto are asking less.
- This home
- $311 / sq ft
- Comparable median
- $624 / sq ft
Based on 95 comparable active office listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $74,975.57
- Property tax (est.)
- $29,097.20
- Estimated monthly
- $104,073
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
- $410,225
- Toronto municipal
- $868,225
- Total due on closing
- $1,278,450
An estimate on the asking price of $16,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of JONES LANG LASALLE REAL ESTATE SERVICES, 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.
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.