Home · Buy · Toronto C01 · 501 College Street, Toronto, ON M5S 2K2
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For Sale · Sale Of Business
501 College Street, Toronto, ON M5S 2K2
Toronto C01 · Trinity-Bellwoods
Street garage
0
Beds
—
Baths
0
Parking
2000 sq ft
Sq ft
—
Built
The honest picture
List price
$249,000
Renavu Estimate
—
Benchmark · All homes
$669,300
Listed 63% below the Toronto C01 benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Exceptional opportunity to acquire a stunning, fully turnkey restaurant in the heart of Little Italy on vibrant College Street. Recently completed top-to-bottom renovations have transformed this space into a beautifully designed hospitality venue ready for immediate operation. Licensed for 110 indoor seats plus 8 on the existing patio, with the potential to expand through a CafeTO patio setup, this location offers incredible revenue potential in one of the city's busiest dining corridors. Surrounded by some of Toronto's most celebrated food and beverage destinations, this historically successful location benefits from exceptional foot traffic, strong neighborhood demographics, and constant exposure day and night. A rare chance to step into a polished, fully equipped restaurant in a proven high-demand area. PLEASE DO NOT GO DIRECT & DO NOT SPEAK TO STAFF. Your Discretion Is Appreciated.
Property details
Listed on
May 8, 2026
Days on market
77 days
Property tax
$0 (2026)
Lot
18.32 × 113.16 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13104934
Full details
Parking
GarageStreet
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,215
Toronto municipal LTT$2,215
Legal · title · inspection$2,800
Closing costs$7,230
Down payment$12,450
Total cash to close$19,680
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
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