Salehian.com 647-325-5000

587-589 College Street

Trinity-Bellwoods, Toronto, M6G 1B2

$4,950,000

Reduced $238,000 from $5,188,000

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Listed 21 days ago · MLS® C13839784

About this home

Rare opportunity to acquire two abutting mixed-use buildings at 587 and 589 College Street, in the heart of Little Italy on one of Toronto's most historic, proven and established streets. Steps from Clinton Street, this stretch of College has drawn diners, residents and visitors for generations, delivering the consistent foot traffic that keeps quality tenants in place. 587 College offers approx. 7,011 sq ft over three levels, and 589 College offers approx. 1,666 sq ft over two levels. Both main floors are anchored by established dining tenants. 587 is home to Dish Cooking Studio, a long-standing Toronto cooking school, cafe and event venue, with significant capital improvements on the main floor and a fully equipped commercial kitchen, no expense spared. 589 is home to Tav's Resto Bar, a rustic Italian pizzeria and gnocchi bar from the Taverniti Group. The second floor of 587 (approx. 2,365 sq ft) is brand new, fully permitted and finished to a premium standard. Configured as student accommodation, it offers five bedrooms (from 9'10" x 15'7" to 10'5" x 18'8"), a kitchen with centre island, dining room, living room fronting College Street, two bathrooms with showers and three additional washrooms. Currently vacant, the space offers real flexibility: lease it to students for immediate income, or occupy it as professional offices for an architecture, law, accounting, design or marketing firm while the ground-floor tenants carry the building. A true investor or owner-occupier opportunity, with the 506 streetcar at the door and minutes to the University of Toronto, Kensington Market and downtown.

Details

Type
Store W Apt/Office
Age
100+ years
Lot
37.62 × 132.46 ft
Garage
None
Property tax
$70,808 (2026)
Neighbourhood
Trinity-Bellwoods
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Age
100+
Building area
8,677 Square Feet

More

Possession
Flexible
Cross street
College St./Clinton St.

Price history

DatePriceChange
Sep 29, 2026$5,188,000Listed
Oct 19, 2026$4,950,000−$238,000

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Christie Subway17 min walk
  • 🚇 Bathurst Subway19 min walk
  • 🚆 Exhibition GO2.2 km

Within a 10-minute walk: 11 grocery stores, 214 cafés and restaurants, 15 parks, 19 pharmacies. Nearest grocery: College Fruit Market (300 m). Nearest park: Grace - College Parkette (200 m).

Schools nearby

Elementary

  • St. Francis of Assisi Catholic School Catholic
    EQAO: Gr 6 reading 90%, math 60%    3 min walk
  • Clinton Street Junior Public School
    EQAO: Gr 6 reading 96%, math 84%    5 min walk
  • École élémentaire Pierre-Elliott-Trudeau French
    EQAO: Gr 6 reading 95%, math 91%    5 min walk
  • Montrose Junior Public School
    EQAO: Gr 6 reading 100%, math 70%    9 min walk

Secondary

  • Delta Senior Alternative School9 min walk
  • Harbord Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 93%    11 min walk
  • Horizon Alternative Senior School11 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6G

Owners / renters
49% / 51%
Median household income
$91,000
Average age
43
Children under 15
12%
Homes
13% detached, 8% high-rise
Commute by transit
25%
Population
30,600

Languages spoken most at home besides English: Portuguese 3.2%, Yue (Cantonese) 2.6%, Italian 1.6%, Greek 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Trinity-Bellwoods (2025): about the Toronto average, down 17% from the year before.

  • Assault23% above average
  • Break and enter85% above average
  • Auto theft66% below average
  • Robbery26% below average
  • Theft from vehicles33% above average
  • Shootings28% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 452 BATHURST ST · 450 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval application to facilitate the redevelopment of the site for a 6-storey mixed-use building having a non-residential gross floor area of…
    Application details
  • 65 GRACE ST · 350 m
    Site Plan · Closed · applied 2021
    Site Plan Approval for a one-storey addition to the existing daycare facility on the northern side of the existing three-storey school. The proposed addition…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Coming transit

  • 🚧 King West GO Transit1.5 km
  • 🚧 Chinatown 1.5 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2024 · Closed
    Alterations to the second floor residential dwelling unit.
  • Interior Alterations · 2015 · Closed
    Proposal for interior alterations to the basement and ground floors to change use from restaurant to cooking school/cafe in existing 2…

11 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

53 City street trees within 100 m, mostly honeys. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by METROGLOBE REALTY BROKERAGE CORP..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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