172 Ossington Ave is a business in Toronto, listed for $175,000.
1This approximately 3,990 sq. ft. space spans two floors and is licensed for up to 150 patrons, making it ideal for a lounge, bar, or club concept.
2The main floor offers a turnkey social bar atmosphere designed for high-energy operations, complemented by a small kitchen suitable for light food service.
3The basement includes ample washroom facilities to support full capacity.
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Commercial Property in Toronto
About 172 Ossington Avenue
An exceptional opportunity to acquire a fully built-out hospitality venue at 172 Ossington Ave in Toronto, located in one of the city's most vibrant and sought-after nightlife corridors. This approximately 3,990 sq. ft. space spans two floors and is licensed for up to 150 patrons, making it ideal for a lounge, bar, or club concept. There is plenty of Lease term remaining with the Lease in place until 2034 with an additional 5 year renewal option. The main floor offers a turnkey social bar atmosphere designed for high-energy operations, complemented by a small kitchen suitable for light food service. The basement includes ample washroom facilities to support full capacity. The second floor is currently sub-leased with three years remaining, providing stable supplementary income. Positioned in the heart of the dynamic Ossington strip, this is a rare opportunity for operators to establish or expand in a high-traffic, trend-setting location.
Toronto business priced at $175,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 172 Ossington Ave
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
172 Ossington Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13482588$175,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 172 Ossington Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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From 172 Ossington Ave. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from PropTx, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,605Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
172 Ossington Ave is listed at $175,000 (MLS® C13482588). Summitly updates the price as soon as the MLS® record changes.
Has the price of 172 Ossington Ave changed?
No — 172 Ossington Ave is still listed at its original asking price of $175,000.
How many bedrooms and bathrooms does 172 Ossington Ave have?
The listing for 172 Ossington Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 172 Ossington Ave close to transit?
The nearest rapid-transit station is Exhibition GO Station (Lakeshore West GO), about 1.3 km (about a 17-minute walk) in a straight line. Ossington Station is about 1.7 km (about a 21-minute walk), and Christie Station is about 1.8 km (about a 22-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 172 Ossington Ave compare with other homes in Toronto?
Its asking price of $175,000 is about 79% below the median sold price in Toronto over the last 90 days, $849,000, across 9,654 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 172 Ossington Ave been sold before?
Summitly has no earlier MLS® sale or lease of 172 Ossington Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 172 Ossington Ave?
172 Ossington Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 172 Ossington Ave been on the market?
107 days — 172 Ossington Ave was listed on June 23, 2026.
What is the land transfer tax on 172 Ossington Ave?
About $2,950 at the asking price of $175,000: $1,475 Ontario land transfer tax plus $1,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 172 Ossington Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 172 Ossington Ave?
The listing for 172 Ossington Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 172 Ossington Ave built?
The listing for 172 Ossington Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.