Colliers International (“Colliers” or “the Advisor”) is pleased to present the opportunity to acquire 326 College Street (“the Property”), a recently renovated, boutique mixed-use building prominently located at the intersection of College Street and Major Street in Toronto’s vibrant Kensington Market area. With a current net operating income of $119,400 and annual escalations, the purchaser has the opportunity to earn cash flow from a building located on a strategic corner near downtown Toronto. Additionally, with the residential tenant vacating in May 2025, the purchaser will have an opportunity to either occupy the third floor space, or add value through increasing the income. This well-maintained property boasts a restaurant on the ground floor, a dental practice on the second floor, and residential rental apartments on the top level, offering a total of 3,450 square feet of versatile space across three floors.
Ideally positioned between Toronto’s iconic neighborhoods—Little Italy to the west, the University of Toronto to the east, and Kensington Market/Chinatown to the south—326 College Street enjoys an unbeatable location. The property is surrounded by a diverse mix of the city’s finest shops, dining destinations, offices, nightlife, and educational institutions like University of Toronto, making it highly desirable for both tenants and investors.