Little Portugal

1111 College Street, Toronto C01, ON M6H 1B4,
Toronto, ON, M6H 1B4

$2,998,000

Description

Exceptional mixed-use commercial opportunity at the prominent intersection of College & Dufferin, offering a rare blend of lifestyle, income potential, and long-term upside. This semi-detached prime corner property features a versatile layout with a fully upgraded commercial component, a stunning residential loft, and additional vacant land along Dufferin Street, complete with a detached garage. The commercial space offers outstanding exposure with multiple entrances on both College and Dufferin, allowing for up to 3 separate commercial units plus 2 recently upgraded residential units. Featuring exposed vintage brick, LED lighting, and updated systems including 2x high-efficiency furnaces & 2x A/C (2019) and 400-amp service, the space is ideal for a range of users or investors. Includes 6 washrooms, newly installed bay windows (2026), and rough-ins for future kitchen or washroom additions. Above, a true hidden gem-a New York-style loft renovated in 2018 with permits. This expansive 4-bedroom, 3-bathroom residence showcases exposed brick, a vintage wood-burning fireplace, and incredible natural light from four skylights. The designer kitchen features quartz counters, gas cooktop, and custom cabinetry. Enjoy two rooftop terrace balconies with north and south city views, including a south-facing CN Tower view. The layout offers potential to convert into two separate residential suites, with rough-ins for additional kitchen and laundry. Separate systems include rooftop furnace & A/C (2017), panel, gas, and hot water. Upgrades include new roof (2017), 400-amp service, and 1-inch water line. With potential for vertical expansion and 24-hour streetcar access, this is one of the last remaining prime corner opportunities in downtown Toronto for investors, end-users, or developers. The property has been intentionally delivered fully vacant by the owners, providing a rare opportunity for immediate occupancy, repositioning, or redevelopment.

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