The 10 Best Luxury Consignment Stores in Toronto [2022]

Best Luxury Consignment Stores in Toronto

The best luxury consignment stores in Toronto can get you a deal on the hottest designer items!

Everyone loves designer clothes and accessories, but the price is a different story. Fashionable bargain hunters in Toronto have the alternative, which is luxury consignment stores, you can understand them as luxury-style thrift stores.  Toronto has many luxury consignment stores that have amazing name-brand goods for discounted prices.

Consignment stores aren’t only for buyers. If you have designer clothes or accessories you don’t love as much anymore, sell your items to these Toronto high-end consignment stores. It’s a great way to make some cash and clear up some closet space.

We selected these luxury consignment stores based on their unbelievable selection of designer items, and hugely discounted prices. These stores go to great lengths to authenticate everything that comes from their stores. They also have a highly-curated selection at jaw-dropping prices, so you’re sure to find some great steals! 

You deserve the very best Toronto has to offer. Spend a lavish night at the best luxury hotels or treat yourself to the best facial spas in Toronto!

Summary

How Does Consignment Work?

Consignment stores are a great way to buy and sell luxury items. When you consign an item, the store will sell it on your behalf and give you a percentage of the sale. The store will typically keep 40-60% of the sale, depending on the item. 

To consign an item, take it into the store and they will evaluate it. Once they accept your item, they will give you a contract. The contract will list the terms of the consignment, including how long the item will be in the store and the split of the sale.

The great thing about consigning items is that you don’t have to do any of the work! The store will handle everything, from authenticating to selling the item. 

The Best Luxury Consignment Stores in Toronto

Now that you know how consignment works, here are the best luxury consignment stores in Toronto!

1) Consign Toronto

This consignment shop in Oakwood Vaughan sells some of the most well-known and high-end brands for men and women, including Balenciaga, Gucci, Dior, and Chanel. They provide a wide variety of designer bags, shoes, and accessories for sale, both new with tags and secondhand, all at discounted prices. The store is well-known for its massive deals on high-end products, which you do not want to miss out on. They offer wallet deals up to 50% off and bags such as the Gucci Suki Monogram Canvas Tote for $450, 67% off the original price. Their extensive bag collection makes it one of our favourite places to buy high-quality handbags. You can also open an account with them, sell your items, and get 60% back on your Celine bags.

2) HazelLily Designer Consignment

This store should be your go-to if you’re searching for items that are in excellent condition, some of which are even barely worn. HazelLily offers a wide range of footwear, handbags, apparel, and accessories from designers such as Givenchy, Alexander Wang, Michael Kors, Hermès, and many more at affordable prices. Their customer service is great, and they offer honest advice when purchasing or selling your items. If you have a classic Chanel handbag that you no longer use, you can sell it at this consignment store and receive up to 70% back. Check out their website for additional information and exclusive offers.

3) VSP Consignment

VSP Consignment is conveniently located near Dundas and Dufferin St. The shop is clean and well-organized, with large windows that allow in natural light, making it a nice place to shop. They have a wide range of products for all fashion lovers. Dior, Chanel, Louis Vuitton, Marc Jacobs, and a slew of other premium brands are available at the store. If you’re looking for a pair of high-end heels at a reasonable price, look no further. You can find fantastic discounts on shoes from Jimmy Choo, Hermès, and Miu Miu, all of which are 50% off. Additionally, they’re now taking consignment for all seasons, so you’ll get a 70% back on your Gucci shoes!

Address: 1410 Dundas St W, Toronto, ON M6J 1Y5 
Phone: +14165889821
Instagram: VSP (@vspconsignment)

4) Bag Religion

Bag Religion is a hotspot for a fantastic range of designer bags at a great price. Chanel, Celine, Dior, Saint Laurent, and many other brands are featured at the store. They sell not just bags but also shoes and clothing for both men and women. If you’re searching for a boujee furry coat for the next winter, this store provides coats from brands like Saga Fox and Lindstrom that are glamorous and affordable, where you can save more than $1000. If you wish to consign with them, they also provide a straightforward method where you may earn up to 90% for your items that you don’t wear anymore. Check out their website for additional offers and promotions.

5) Designer Exchange

Designer Exchange is located in Etobicoke, which is about a half-hour drive from Toronto. For the last eight years, this store has been providing high-end apparel of brands, such as Gucci, Valentino, Balmain, Fendi, and other well-known designers in good condition. After visiting their store, you will undoubtedly find it to be your new favourite location to buy designer products. You can also consign with them during the months of March, May, August, and October and receive 50% off the final sale price. Don’t forget to follow them on Instagram for the most up-to-date information and new products.

6) Second Nature Boutique

Are you looking for a pair of designer shoes that you won’t see anybody else wearing? If that’s the case, you should pay a visit to Second Nature Boutique. This store is big and has a lot of new and old designer products at excellent prices that you don’t want to miss. Brands like Valentino, Gucci, Armani, Missoni, and others you can purchase at the store. Their dress line is also one of our favourites, with items like flowery sundresses and mesh sequin dresses that are great for summer and follow the chic, trendy designs you see all over social media. They are also currently accepting summer clothes, so dig out that Kate Spade sundress you forgot to wear and cash in on it for up to 45% back. Make sure to follow them on Instagram and sign up for their newsletters to stay up to date on new arrivals and promotions.

7) RETYCHE

RETYCHE is the way to go if you want to look boujee on a budget. The shop is conveniently located next to the Bay subway station. This business sells high-end brands that are practically new and in excellent shape. The store has more than 100 designer labels, including Balmain, Cartier, Burberry, Moschino, and many others. If you are also looking to sell your items, start by filling out their form. Check out their website for more fantastic offers like “Dior Green Velvet Diorama Oblique Shoulder Bag” with a 25% discount off the regular price. It’s a steal!

8) Haute Classics

This premium consignment business in Vaughan has been providing high-end designer products for over 15 years. The business sells women’s clothing in good condition at a reasonable price. The shop is well designed and well-organized; it is not crammed like a typical thrift store. They offer fashionable brands such as Hermès, Prada, Tom Ford, and Chloe and a money-back guarantee. To consign with them, you must schedule an appointment and pay a commission charge that starts at $100 for a $400 item. And also, don’t miss out on their great bag sales, where you may save more than $100. Check out their page for more deals, and be sure to stop by their store during their regular business hours of 10 a.m. to 6 p.m., Monday through Saturday, except Sundays.

9) Lafayette Luxury Consignment

If you’re looking for an authentic luxury bag at a fantastic price, Lafayette is one of the top consignment businesses in North York. They sell both new and old products that include shoes that are in good shape, almost as good as new. They carry current and in-demand high-end brands such as Chanel, Gucci, Celine, and others. They also provide authenticity certificates for your purchase. You can also consign with them simply by contacting them directly via Instagram or email, and they will sell your items fast at a great price.

10) Fashionably Yours Designer Consignment Boutique

Are you looking for the trendy and luxurious outfits and bags that you see on Instagram? Then stop by this store, and you’ll see what we’re talking about. The store sells in-demand top designer items that any fashionista would adore. More than 100 designers are featured at the store, including Prada, Gucci, Polo, and Fendi. They’ve also got streetwear must-haves from brands like Yeezy, Off White, and Essentials. Their store is bright, large, and well-organized, making it easy to find goods. However, for a faster and better customer experience, we recommend that you browse their website first and see which items you are interested in before visiting the shop. They now also provide a virtual alternative for consigning to earn up to 50%-70% commission on your items.

FAQs About Luxury Consignment Stores

You can consign clothes, shoes, handbags, jewelry, and even some home decor items.
It is generally frowned upon to haggle at consignment stores. These shops go through great pains to determine a reasonable price based on a number of factors.
You will usually get paid within 30-60 days after the item is sold.
The same few brands tend to have the highest resale value; Louis Vuitton, Hermès, and Chanel tend to keep their value if not increase.

Final Thoughts

A trip to a luxury consignment store is great for people looking for a deal or people who want to sell their unwanted items. These high-end consignment stores have highly-coveted pieces for unreal prices. We’re sure you’ll love getting designers items for less than designer prices!

If you’re looking to buy or sell designer clothing and accessories, the best luxury consignment stores in Toronto are an absolute must-visit!

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