Toronto is a bustling city with countless opportunities for buying, selling, and trading items, and pawn shops are an essential part of this dynamic marketplace. Whether you’re looking to snag a great deal, get a loan, or sell valuables, Toronto’s pawn shops offer a variety of services tailored to your needs. This guide will explore the 7 best pawn shops in Toronto, highlighting what makes them stand out, the range of services they provide, and key factors to consider when choosing a shop. These establishments cater to everyone, offering fair pricing, a wide selection of items, and expert appraisal services.
7
Number of companies
2454
Verified reviews
4,10
Average rating
1. Oliver Jewellery
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4,6/5
366 Eglinton Ave W, M5N 1A2, Toronto
- Pawn shop
- Gold dealer
- Goldsmith
- Jewelry buyer
- Second hand store
Why we chose them
Oliver Jewellery stands out as a trusted destination for buying, selling, and trading luxury items since 1971. Known for offering unparalleled value, this proudly Canadian company specializes in services such as pawning, gold dealing, goldsmith craftsmanship, and purchasing second-hand jewelry. With a reputation for authenticity and reliability, their experts meticulously evaluate luxury goods, ensuring every item meets the highest standards. Customers can sell high-end items like jewelry, watches, handbags, and more, receiving cash on the spot with a smooth and transparent process.
Dedicated to offering “Luxury Brands at Unreal Prices,” the company provides a curated selection of pre-owned designer pieces from renowned names like Rolex, Cartier, Gucci, and Louis Vuitton, among others. Their inventory spans watches, handbags, accessories, and fine jewelry, all available at significant savings. As a leader in second-hand luxury, they make premium items accessible while maintaining a commitment to quality and customer satisfaction. Whether you’re looking to sell or shop, this company has cemented its position as a go-to for luxury aficionados.
2. Mctamney's
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4,7/5
837 Danforth Ave, M4J 1L2, Toronto
- Pawn shop
- Jeweler
- Jewelry buyer
- Jewelry repair service
Why we chose them
With over 150 years of experience, this family-run business stands out as Toronto’s go-to destination for unique finds and financial flexibility. Specializing in a wide array of services, including pawn shop transactions, jewelry buying, and jewelry repair services, they offer a trusted solution for anyone looking to buy, sell, or borrow against valuable items. Their expertise spans fine jewelry, watches, guitars, and vintage collectibles, making them a favorite among those seeking rare and high-quality goods. Additionally, their full suite of jeweler services, from appraisals to custom designs, ensures customer satisfaction at every step.
Renowned for their friendly and reliable approach, they provide accessible cash loans with collateral, offering up to 12 months before repayment is required. Their extensive inventory caters to diverse interests, featuring everything from engagement rings and antique brooches to guitars, cameras, and DJ equipment. Whether you’re looking for a one-of-a-kind treasure or need financial support during challenging times, this company combines professionalism and passion to meet your needs. Their deep commitment to customer care and a legacy of excellence solidify their position as a trusted name in the industry.
3. Queenglad Pawnbrokers
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4,7/5
1202 Queen St W, M6J 1J6, Toronto
- Pawn shop
Why we chose them
Queenglad Pawnbrokers has been a trusted name in downtown Toronto since 1996, offering unparalleled services as a jewellery buyer and used merchandise retailer. Known for providing the biggest payouts on gold jewellery, including watches, rings, and chains, the company stands out for its commitment to delivering instant cash loans with zero lending limits. Customers benefit from some of the lowest interest rates in the Greater Toronto Area (GTA), making it a go-to destination for those seeking quick financial solutions. With a wide array of offerings, Queenglad caters to diverse needs, from buying and selling to trading items like jewellery, electronics, musical instruments, power tools, and more.
What sets Queenglad apart is its dedication to serving the downtown Toronto community and the broader GTA with reliable and accessible services. The shop prides itself on its impressive inventory of high-quality new and used goods, ensuring customers find great deals every time they visit. Recognized by Today’s Pawnbroker, Queenglad has established itself as a leader in the industry, making it an essential addition to our directory for its excellence in customer service and its role in empowering individuals through flexible lending options and affordable merchandise.
4. Toronto Gold
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4,9/5
829 Bloor St W, M6G 1M1, Toronto
- Pawn shop
- Coin dealer
- Diamond buyer
- Diamond dealer
- Gold dealer
- Jeweler
- Jewelry store
- Jewelry buyer
- Scrap metal dealer
Why we chose them
Toronto Gold stands out as a trusted and transparent name in the precious metals and jewelry market. Specializing in services such as buying and selling gold, silver, diamonds, and scrap metals, this family-run business has built its reputation on professionalism and customer education. With an in-house gemologist available for diamond assessments and a no-haggle policy backed by a price guarantee, the company ensures a seamless, fair, and customer-friendly experience. Their dedication to transparency means all transactions are conducted in front of clients, fostering trust and confidence in every step of the process.
Located in the heart of Toronto, this modern and honest establishment caters to a wide range of needs, from selling gold bullion and coins to purchasing jewelry and scrap metals. As part of Canada’s largest network of gold buyers, they offer some of the highest payouts in the Greater Toronto Area. Their commitment to sincerity and comfort is evident in their welcoming approach, making them a preferred choice for clients looking for top value and exceptional service in the precious metals industry. Whether you’re an investor or a first-time seller, this company delivers unmatched value and expertise.
5. Dundas West Pawnbrokers
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2,8/5
2951 Dundas St W, M6P 1Z2, Toronto
- Pawn shop
Why we chose them
Dundas West Pawnbrokers stands out as a trusted pawn shop in Toronto, offering a wide range of services tailored to meet diverse financial needs. With over 23 years of experience, the business specializes in providing collateral loans on gold jewelry, precious gems, luxury watches, and gold coins, all without requiring a credit check. Customers can secure instant cash by bringing in eligible items, and the shop prides itself on offering fair valuations and no maximum cash limit for loans. Additionally, Dundas West Pawnbrokers features an impressive selection of products for sale, including power tools, musical instruments, bicycles, motorbikes, and premium electronics, ensuring something for everyone seeking high-quality items at competitive prices.
Renowned for its reliability and expertise, this pawn shop also caters to collectors and enthusiasts with its exclusive offerings of luxury watches and unique musical instruments like guitars, drums, and mandolins. Whether you’re looking to buy, sell, or trade, Dundas West Pawnbrokers delivers a seamless and professional experience for all its customers. Its commitment to transparency and customer satisfaction has made it a leading name in the Toronto market, providing not only financial solutions but also access to a curated collection of valuable goods.
6. The Pawn Shop
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3,5/5
1814 Danforth Ave, M4C 1H8, Toronto
- Pawn shop
Why we chose them
The Pawn Shop stands out as a trusted destination for those seeking instant cash or unique items for sale in Toronto. Specializing in collateral loans on gold jewelry, luxury watches, and precious gems, the business offers a hassle-free process with no credit checks and no maximum cash limit on loans. Customers can also explore a diverse inventory of products, including musical instruments, power tools, computers, and mobile devices, making it a versatile choice for both buying and selling high-quality goods.
With over 23 years of experience, this reliable pawnshop has built a reputation for fairness and transparency in its dealings. Customers can trade or sell their valuables, knowing they’ll receive competitive prices and exceptional service. Additionally, the shop features an impressive selection of items like gold coins, bicycles, and even motorbikes, catering to a wide range of needs and preferences. Whether you’re looking for a quick loan or a unique purchase, this pawn shop delivers a comprehensive and customer-focused experience.
7. H. Williams & Co
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3,5/5
145 Church St, M5B 1Y4, Toronto
- Pawn shop
Why we chose them
H. Williams & Co. has been a trusted name in Toronto since 1950, proudly serving the community as a licensed pawnbroker. Known for their iconic red sign on Church St., the company specializes in providing low-interest loans in exchange for high-quality valuables such as jewelry, electronics, and collectibles. Offering a safe and secure alternative to traditional banking, they appraise items based on their age, condition, and historical value, ensuring a transparent and hassle-free experience for clients. Whether you’re looking to pawn designer watches, diamond necklaces, or gold earrings, their team provides expert evaluations and immediate loans, making them a go-to destination for those seeking quick financial solutions without payday loans.
In addition to their pawnbroking services, the company excels as a jeweler and estate specialist, offering professional jewelry and watch repairs, custom designs, and cleaning services. Customers can even rely on them for seasonal storage of bulky items or secure on-site safekeeping of precious jewelry. Their reputation extends beyond Toronto, having been featured on History Channel’s “Pawnathon Canada,” showcasing their legacy and expertise. With over 67 years of experience and adherence to provincial guidelines, this landmark institution combines tradition and reliability to meet the diverse needs of its clientele.
