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$249,000

501 College St

Toronto C01, ON M5S 2K2

501 College St, Toronto C01Listed at $249,000 Sale Of Business. MLS® C13104934.

2,000Sq Ft
Restaurant
Sale Of Business

Description

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.

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation0
FranchiseNo
Chattels IncludedYes
Seating Capacity118
Full-Time Employees8
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeImmediate
Listing Expires10/18/2026

Commercial Space & Financials

Retail Area2,000 Sq Ft

Property Details

Property TypeSale Of Business
CommunityTrinity-Bellwoods
Lot Dimensions18.32 × 113.16 ft
Dir/Cross StPalmerston
Garage TypeStreet
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary
HSTNot Subject to HST
SecurityNo
Listed Date5/8/2026
Days on Market34 days
PossessionASAP

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MLS® Verified · Same-day showings available

Same-day showings available
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Property Insights

Listing Courtesy of: RE/MAX ULTIMATE REALTY INC.

MLS® #C13104934

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Trinity-Bellwoods community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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