Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

Forgot password Extend Verify Contact

673 College Street
Palmerston-Little Italy Toronto M6G 1B9

$2,599,000 /For Sale
Commercial

Main Photo: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 1: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 2: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 3: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 4: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 5: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 6: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 7: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 8: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 9: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 10: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 11: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 12: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 13: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 14: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Photo 15: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14029640
Mixed-Use Investment Opportunity In The Heart Of Toronto's Little Italy Neighbourhood. Main Floor Commercial Storefront Occupied By A Specialty Beverage Retail Tenant. Second Floor Features Two Tenanted Residential Apartments, With An Additional Two-Bedroom Apartment On The Third Floor Currently Occupied By A Family Member Of The Owner. Ideally Located Along The Established College Street Commercial Corridor, Surrounded By Retail Shops, Restaurants, Cafes And Neighbourhood Amenities. Convenient TTC Streetcar Access And Close Proximity To Kensington Market And Trinity Bellwoods Park. Excellent Opportunity To Acquire A Mixed-Use Property In One Of Toronto's Established West-End Neighbourhoods.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
4199 sq. ft. Square Feet
Total Area:
4,199 sq. ft.
Retail Area:
1564 sq. ft. Sq Ft
Office/Apt Area:
2635 sq. ft. Sq Ft
Lot Depth:
128'
Lot Frontage:
21'1"
Water supply:
Municipal
Zoning:
CR3(c1;r2.5*2437)
Heating type:
Baseboard
Garage:
Lane
Parking Spaces:
2
Possession Details:
tbd
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$25,827.27 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Palmerston-Little Italy
No
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Oct 14, 2026
Original Price:
Previous Price:
  • Photo 1: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 1 of 15
  • Photo 2: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 2 of 15
  • Photo 3: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 3 of 15
  • Photo 4: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 4 of 15
  • Photo 5: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 5 of 15
  • Photo 6: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 6 of 15
  • Photo 7: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 7 of 15
  • Photo 8: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 8 of 15
  • Photo 9: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 9 of 15
  • Photo 10: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 10 of 15
  • Photo 11: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 11 of 15
  • Photo 12: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 12 of 15
  • Photo 13: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 13 of 15
  • Photo 14: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 14 of 15
  • Photo 15: 673 College Street in Toronto: Palmerston-Little Italy Commercial for sale (Toronto C01)  : MLS®# C14029640
    Photo 15 of 15
Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated October 14, 2026 at 02:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

Why Choose a Commercial Residential Property?

• Dual Income Potential – Earn from both residential tenants and commercial leases
• Ideal for Business Owners – Live and work in the same space or rent one out
• High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
• Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.