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Investment Highlights

  • Prominent corner location at College Street and Euclid Avenue provides strong visibility from multiple frontages.
  • Tenant-occupied asset offering immediate in-place occupancy and existing income generation.
  • Situated within Toronto's Palmerston-Little Italy neighbourhood, an established mixed-use commercial district with active retail and restaurant uses.
  • Distinctive Edwardian Classical architecture creates a recognizable presence along the streetscape.

Executive Summary

Commercial retail condominium located at 542 College Street, Unit 6, Toronto, Ontario. The property contains 1,642 square feet of retail area and is zoned Commercial Residential. The unit is tenant occupied and includes municipal water service, gas forced-air heating, air conditioning, utility connections, and sprinkler service. The property is positioned at the intersection of College Street and Euclid Avenue, west of Bathurst Street, within Toronto's Palmerston-Little Italy area.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 6
  • 1,642 SF
  • Retail
  • $1,278,607 USD ($778.69 USD/SF)
  • -
Sale Type Investment
Description
542 College Street presents an opportunity to acquire a street-level commercial condominium positioned at the prominent intersection of College Street and Euclid Avenue in Toronto's Palmerston-Little Italy neighbourhood. The property occupies a highly visible corner location along one of the city's established mixed-use commercial corridors, surrounded by a concentration of restaurants, retailers, service businesses, and residential density that supports consistent pedestrian activity throughout the day and evening.
Sale Notes
The unit is currently tenant occupied, providing in-place income from an established business operation while offering investors exposure to a well-recognized urban retail corridor. The property's Edwardian Classical architecture contributes to a distinctive street presence that differentiates it from more conventional retail inventory in the area. Commercial residential zoning supports continued commercial use within a mature neighbourhood characterized by ongoing private investment and sustained demand from both local residents and visitors.
Unit Unit Size Condo Use Price NOI
Unit 6 1,642 SF Retail $1,278,607 USD ($778.69 USD/SF) -

Unit 6

Unit Size
1,642 SF
Condo Use
Retail
Price
$1,278,607 USD ($778.69 USD/SF)
NOI
-

Unit 6

Unit Size 1,642 SF
Condo Use Retail
Price $1,278,607 USD ($778.69 USD/SF)
NOI -
Sale Type Investment
Description
542 College Street presents an opportunity to acquire a street-level commercial condominium positioned at the prominent intersection of College Street and Euclid Avenue in Toronto&#39;s Palmerston-Little Italy neighbourhood. The property occupies a highly visible corner location along one of the city&#39;s established mixed-use commercial corridors, surrounded by a concentration of restaurants, retailers, service businesses, and residential density that supports consistent pedestrian activity throughout the day and evening.</li></ul>
Sale Notes
The unit is currently tenant occupied, providing in-place income from an established business operation while offering investors exposure to a well-recognized urban retail corridor. The property&#39;s Edwardian Classical architecture contributes to a distinctive street presence that differentiates it from more conventional retail inventory in the area. Commercial residential zoning supports continued commercial use within a mature neighbourhood characterized by ongoing private investment and sustained demand from both local residents and visitors.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 18,837 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class B
Floors 3
Typical Floor Size 7,135 SF
Year Built 1910
Lot Size 0.15 AC
Zoning CR
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Strong Pilates
Burrito Boyz
Mr. Greek
Scotiabank
CIBC
Royal Bank of Canada
Tim Hortons
Metro
FreshCo
El Rancho
  • Listing ID: 41373076

  • Date on Market: 7/21/2026

  • Last Updated:

  • Address: 542 College St, Toronto, ON M6G 1B1

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