$65,000
For sale: Other

Excellent opportunity to own a dry cleaning/laundry business in the heart of Toronto's vibrant Little Italy on College Street. Located in a high-visibility commercial corridor surrounded by restaurants, cafes, retail shops, residential neighbourhoods, and strong pedestrian traffic. Ideal for an owner-operator or entrepreneur looking for an affordable business opportunity in a prime downtown location. Existing use is dry cleaning/laundry, with potential to continue the current operation or reposition the space subject to landlord approval and applicable regulations. Do not go direct. Please book all showings through the listing brokerage. Rent $3559.5 hst&tmi included.
Sold data
Other homes in Toronto (Palmerston-Little Italy) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Palmerston-Little Italy) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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