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Home · Buy · Toronto C01 · 501 College Street, Toronto, ON M5S 2K2
501 College Street, Toronto, ON M5S 2K2
501 College Street, Toronto, ON M5S 2K2
501 College Street, Toronto, ON M5S 2K2
501 College Street, Toronto, ON M5S 2K2
501 College Street, Toronto, ON M5S 2K2+ 10 photos
For Sale · Sale Of Business

501 College Street, Toronto, ON M5S 2K2

Toronto C01 · Trinity-Bellwoods
◷130 days on market
● SOLD CONDITIONAL
Street garage
—
Beds
—
Baths
—
Parking
2000 sq ft
Sq ft
—
Built

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
130 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

Listing history
Date StartDate EndPriceStatusListing ID
May 8, 2026—$249,000For SaleC13104934
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
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$49,800
Total cash to close$57,030
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.
$249,000
MLS® C13104934 · Listed by RE/MAX ULTIMATE REALTY INC.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated September 1, 2026.

$249,000

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Neighbourhood market

The Trinity-Bellwoods market

How homes are selling here right now — sold data for August 2026.

Balanced marketAll home types in Trinity-Bellwoods · 25 sales over 3 months
Buyer'sBalancedSeller's

Homes in Trinity-Bellwoods are selling near asking in about 29 days. Neither side has the upper hand right now.

Median sold · Trinity-Bellwoods
$1,250,000
▼ 5.3% year over year
Homes sold · this month
6
44 days on market avg
Sold vs asking
95%
under asking — room to negotiate
Other median · Toronto Central
—
12-month trend
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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— bed— bath
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