West Centre Town, ON · · MLS® X13875588Updated
$1
224 Preston St is a retail in West Centre Town, listed for $1.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
New construction at 224 Preston Street in the heart of Little Italy. Two ground-floor commercial units at the base of a new mixed-use building. Unit 1 is 1,115 sf with frontage on Preston Street. Unit 2 is 561 sf on the Larch Street side, a rare small unit in the core. Mainstreet (MS1) zoning permits a wide range of uses including retail, medical, office, personal service, instructional and fitness. No parking is required for any use under the site-specific zoning. Corso Italia O-Train station is about 200 metres away. Units available individually. Additional rent does not include utilities, which are separate. Contact listing agent for rates and details.
West Centre Town retail priced at $1 — book a tour to see if it fits your search.Ask Zara a follow-up
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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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.
Summitly estimate, not from PropTx, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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From 224 Preston St. Typical times without traffic delays; transit times aren't available yet.
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Listing brokerage: EXP REALTY, BrokerageMLS® X13875588 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Based on 62 sales from Jul 10 – Oct 8, 2026 (50 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
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Nearest subway, GO and LRT stations first, then bus and streetcar stops.
Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
224 Preston St is listed at $1 (MLS® X13875588). Summitly updates the price as soon as the MLS® record changes.
No — 224 Preston St is still listed at its original asking price of $1.
The listing for 224 Preston St doesn't publish its bedroom and bathroom count. It is a commercial property in West Centre Town.
The nearest rapid-transit station is Corso Italia Station (O-Train Line 2), about 200 m (about a 3-minute walk) in a straight line. Bayview Station is about 840 m (about a 10-minute walk), and Pimisi Station is about 910 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $1 is about 100% below the median sold price in West Centre Town over the last 90 days, $665,500, across 62 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.
Summitly has no earlier MLS® sale or lease of 224 Preston St on record from the last two years. Older records aren't shown under TRREB rules.
224 Preston St is in West Centre Town, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 224 Preston St was listed on October 7, 2026.
About $0 in Ontario land transfer tax at the asking price of $1. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 224 Preston St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for West Centre Town.
The listing for 224 Preston St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
