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677 College St 32 Unit Apartment Building $10,800,000 CAD ($337,500 CAD/Unit) 4.30% Cap Rate Toronto, ON M6G 1B9
EXECUTIVE SUMMARY
Colliers is pleased to offer for sale 677 College Street (the “Property”) in Toronto, Ontario.
This offering presents an exceptional investment opportunity to acquire a multifamily
property in a well-established and highly accessible location, west of downtown Toronto.
The Property is located in the heart of Little Italy, a vibrant neighbourhood characterized by
its charming residences and rich commercial landscape. The area is renowned for its hip
cafés, authentic restaurants, eclectic nightlife, European shops, and diverse retail services.
This historic neighbourhood is also poised for further growth in the coming years. The
area’s density and foot traffic are set to rise with 3.5 million square feet of gross floor area
approved within 2 kilometres of the site. These developments, along with the Property’s
enviable location just minutes to the city’s Financial Core, will continue to draw urban
professionals and businesses to the area.
677 is a rare gem in Toronto’s robust real estate market. Disco ver the lustrous potential
of this opportunity, and learn how you can make this property p art of your curated
portfolio of assets.
This offering presents an exceptional investment opportunity to acquire a multifamily
property in a well-established and highly accessible location, west of downtown Toronto.
The Property is located in the heart of Little Italy, a vibrant neighbourhood characterized by
its charming residences and rich commercial landscape. The area is renowned for its hip
cafés, authentic restaurants, eclectic nightlife, European shops, and diverse retail services.
This historic neighbourhood is also poised for further growth in the coming years. The
area’s density and foot traffic are set to rise with 3.5 million square feet of gross floor area
approved within 2 kilometres of the site. These developments, along with the Property’s
enviable location just minutes to the city’s Financial Core, will continue to draw urban
professionals and businesses to the area.
677 is a rare gem in Toronto’s robust real estate market. Disco ver the lustrous potential
of this opportunity, and learn how you can make this property p art of your curated
portfolio of assets.
PROPERTY FACTS
| Price | $10,800,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $337,500 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 4.30% | Building Size | 12,500 SF |
| No. Units | 32 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | ||
| Zoning | CR | ||
| Price | $10,800,000 CAD |
| Price Per Unit | $337,500 CAD |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 12,500 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | CR |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 32 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (99)
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677 College St
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