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542 College St
Toronto, ON M6G 1B1 Little Italy/Trinity-Bellwoods

$1,290,457 USD

Storefront Retail Residential Condo For Sale  •  1,642 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 18,837 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1910
  • Tenancy Multiple
  • Zoning CR
90 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 6 Retail 1,642 SF $1,290,457 USD
  • Unit Size: 1,642 SF
  • Condo Use: Retail
  • Price: $1,290,457 USD
  • Sale Type: Investment
  • Price/SF: $785.91 USD
Description
An exceptional commercial corner investment opportunity. Prominently positioned at College Street and Euclid Avenue, this iconic Edwardian Classical landmark commands outstanding street presence with a high-profile retail exposure. Located on one of Little Italy's most sought-after commercial blocks, the property offers an exceptional combination of architectural significance, stable income, long-term appreciation potential and a secure, establishing tenant that provides immediate, reliable cash flow, delivering approximately a 5.5% return on investment, making this an ideal acquisition for private investors seeking both income and future growth.

Description 

Commercial retail condominium located at 542 College Street, Unit 6, Toronto, Ontario. The property contains 1,642 square feet of retail area and is zoned Commercial Residential. The unit is tenant occupied and includes municipal water service, gas forced-air heating, air conditioning, utility connections, and sprinkler service. The property is positioned at the intersection of College Street and Euclid Avenue, west of Bathurst Street, within Toronto's Palmerston-Little Italy area.

Highlights

Prominent corner location at College Street and Euclid Avenue provides strong visibility from multiple frontages.
Situated within Toronto's Palmerston-Little Italy neighbourhood, an established mixed-use commercial district with active retail and restaurant uses.
Tenant-occupied asset offering immediate in-place occupancy and existing income generation.
Distinctive Edwardian Classical architecture creates a recognizable presence along the streetscape.

Public Transportation

Commuter RailDriveWalkDistance
Bloor Go Station Rail (Kitchener Train - GO Transit) 9 min - 2.4 mi
Union Station Rail (Barrie Train - GO Transit, Kitchener Train - GO Transit, Lakeshore East Train - GO Transit, Lakeshore West Train - GO Transit, Milton Train - GO Transit, Niagara Falls Train - GO Transit, Richmond Hill Train - GO Transit, Stouffville Train - GO Transit) 12 min - 3.2 mi
Transit/SubwayDriveWalkDistance
College Street at Euclid Avenue (Carlton - TTC) 2 min 1 min 0.0 mi
College Street at Palmerston Avenue (Carlton - TTC) 1 min 1 min 0.1 mi
College Street at Clinton Street (Carlton - TTC) 2 min 3 min 0.2 mi
College Street at Bathurst Street (Carlton - TTC) 2 min 4 min 0.2 mi
Bathurst Street at College Street (Bathurst - TTC) 2 min 4 min 0.2 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 26 min - 2.6 mi
Buttonville Municipal 33 min - 20.2 mi
Toronto Pearson International 41 min - 21.3 mi
Amy Franco 437-525-0760 Ally Commercial R.E. Inc
Amy Franco 437-525-0760 Ally Commercial R.E. Inc