587-589 COLLEGE STREET, Toronto (Trinity-Bellwoods)

2026-09-30
 

Quick Summary

Location
587-589 COLLEGE STREET, Toronto (Trinity-Bellwoods), Ontario M6G1B2
Price
$5,188,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
8677 sqft
Video Link:

MLS®#C13839784

Property Description

Rare opportunity to acquire two abutting mixed-use buildings at 587 and 589 College Street, in the heart of Little Italy on one of Toronto's most historic, proven and established streets. Steps from Clinton Street, this stretch of College has drawn diners, residents and visitors for generations, delivering the consistent foot traffic that keeps quality tenants in place. 587 College offers approx. 7,011 sq ft over three levels, and 589 College offers approx. 1,666 sq ft over two levels. Both main floors are anchored by established dining tenants. 587 is home to Dish Cooking Studio, a long-standing Toronto cooking school, cafe and event venue, with significant capital improvements on the main floor and a fully equipped commercial kitchen, no expense spared. 589 is home to Tav's Resto Bar, a rustic Italian pizzeria and gnocchi bar from the Taverniti Group. The second floor of 587 (approx. 2,365 sq ft) is brand new, fully permitted and finished to a premium standard. Configured as student accommodation, it offers five bedrooms (from 9'10" x 15'7" to 10'5" x 18'8"), a kitchen with centre island, dining room, living room fronting College Street, two bathrooms with showers and three additional washrooms. Currently vacant, the space offers real flexibility: lease it to students for immediate income, or occupy it as professional offices for an architecture, law, accounting, design or marketing firm while the ground-floor tenants carry the building. A true investor or owner-occupier opportunity, with the 506 streetcar at the door and minutes to the University of Toronto, Kensington Market and downtown. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 8677 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size

Land

  • Land Size: 37.62 x 132.46 FT ; Frontage Combined

Zoning

  • Description: Cr.3.0 (C1.0; R2.5) Ss2 (X2437)

Information entered by METROGLOBE REALTY BROKERAGE CORP.
Listing information last updated on: 2026-09-29 17:29:31


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