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5 Best Pawn Shops in Toronto (2026)

Independently ranked by our review of ratings, reviews and reputation · How we chose

Talise Sterling
By Talise Sterling, Goods and Shopping · ✓ Data verified August 2026 · 8 min read

Whether you're pawning a watch for a short-term loan or selling jewellery outright, the pawn shop you pick in Toronto decides how fair the offer feels. Oliver Jewellery has racked up 1,992 Google reviews at a 4.9 average, and every shop on this page clears 4.6, so the real question is what you're bringing in: designer goods, gold, electronics, or something you need appraised properly first.

Short answer: Oliver Jewellery is the most-reviewed pawn shop in Toronto (4.9 stars, 1,992 reviews), known for designer handbags, watches and estate jewellery. Gold and Diamond Pawn shop and McTamney's are strong picks for selling gold directly, while Buy & Sell Kings stands out for electronics and general goods.
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Toronto's pawn shops compared

# Business Rating Reviews Best for
1 Oliver Jewellery 4.9 1,992 Designer goods and estate jewellery View ›
2 Buy & Sell Kings 4.6 670 Electronics and general goods View ›
3 McTamney's 4.7 581 Jewellery appraisal and repair View ›
4 Queenglad Pawnbrokers 4.6 476 Neighbourhood pawn loans View ›
5 Gold and Diamond Pawn shop 4.9 188 Selling gold directly View ›
5 Best Pawn Shops in Toronto (2026)

Our top picks, reviewed

Oliver Jewellery logo
#1 Overall🕑 Open 7 days

Oliver Jewellery

4.91,992 Google reviews

Oliver Jewellery is a Yorkville pawn shop and gold dealer that also functions as a luxury retailer, buying and selling designer handbags, watches, estate jewellery and diamonds. Its showroom carries pre-owned pieces from brands like Rolex, Omega and Cartier at prices below retail, alongside its pawn and gold-buying services. It's the most-reviewed pawn shop in this comparison by a wide margin.

What people praise

  • Trade-in and buyback offers described as generous for designer bags
  • Staff described as transparent and unpressured on pricing
  • Wide selection of pre-owned luxury watches and jewellery
  • Knowledgeable staff who explain valuation clearly before making an offer

Worth knowing

  • A few reviewers note the buying experience feels less polished than the luxury retail side
Reputation scorecardrank in Toronto
Rating4.9 / 5
Review volume1,992 · 97th
Confidencevery high
Recency2 months ago
Info completenesssite · phone · hours
Rating breakdown97% 5-star
✓ VerifiedSource: Google

Our take: The deepest review history of any pawn shop on this page, and it shows in the range of designer goods it handles well beyond typical pawn inventory. It's the first call if you're pawning or selling anything higher-end.

88 Yorkville Ave, Toronto, ON M5R 1B9

Buy & Sell Kings logo
#2🕑 Open 7 days↩ Responds to reviews

Buy & Sell Kings

4.6670 Google reviews

Buy & Sell Kings is a Scarborough pawn shop and buy-and-sell retailer with separate departments for gold and silver jewellery, video games, home and car electronics, tools and general goods. It positions itself as a high-volume outlet for both new and used items, buying from the public and reselling at discounted prices. Staff hold items on request and take phone and online inquiries ahead of an in-person visit.

What people praise

  • Staff described as patient during item inspection and authentication
  • Good pricing on both buying and selling tools and electronics
  • Willing to hold items by phone before a customer arrives in store
  • Wide inventory across categories beyond just jewellery

Worth knowing

  • At least one reviewer describes a tense experience over in-store photography and exit policies
  • Store security measures can feel strict to first-time visitors
Reputation scorecardrank in Toronto
Rating4.6 / 5
Review volume670 · 92nd
Confidencehigh
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown88% 5-star
✓ VerifiedSource: Google

Our take: The strongest option here if you're pawning or selling electronics, tools or general goods rather than jewellery. Its rating trails the top names on this page, mostly on a handful of pointed service complaints.

697 Markham Rd, Scarborough, ON M1H 2A4

McTamney's logo
#3🕑 Open 5 days/wk↩ Responds to reviews

McTamney's

4.7581 Google reviews

McTamney's is a Danforth Avenue jeweller and pawnbroker that has operated as a family business since 1860, offering jewellery appraisals, collateral loans, and buying and selling of estate and vintage pieces. It also runs an in-house repair service for rings, watches and jewellery. The long operating history and jewellery-first focus set it apart from more general pawn shops.

What people praise

  • Appraisals described as clear, fair and well explained before any offer
  • Transparent pricing on gold, with a stated markup over spot value
  • Repair work praised for quality and fast turnaround
  • Long-standing, multi-generational reputation in the neighbourhood
Reputation scorecardrank in Toronto
Rating4.7 / 5
Review volume581 · 86th
Confidencehigh
Recency7 weeks ago
Info completenesssite · phone · hours
Rating breakdown89% 5-star
✓ VerifiedSource: Google

Our take: The pick for anyone who wants an appraisal or repair alongside a pawn transaction rather than a straightforward buy-and-sell counter. Its jewellery specialization and history make it stand out from the rest of this list.

837 Danforth Ave, Toronto, ON M4J 1L2

Queenglad Pawnbrokers logo
#4🕑 Open 6 days/wk↩ Responds to reviews

Queenglad Pawnbrokers

4.6476 Google reviews

Queenglad Pawnbrokers is a Queen Street West pawn shop specializing in jewellery, gold, electronics, musical instruments and power tools, offering cash loans against items as well as outright purchases. It's positioned as the main pawn shop serving the Parkdale area, with regulars describing repeat visits over years for short-term loans.

What people praise

  • Long-term customers describe fair pricing and flexible loan terms
  • Staff willing to hold items past the standard loan period in some cases
  • Straightforward process for repeat customers who know the routine
  • Wide range of accepted items beyond jewellery, including tools and instruments

Worth knowing

  • Some reviewers report disagreements over valuation, particularly on gemstone pieces
  • A few describe the shop as brisk with customers who are only browsing
Reputation scorecardrank in Toronto
Rating4.6 / 5
Review volume476 · 81st
Confidencehigh
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown89% 5-star
✓ VerifiedSource: Google

Our take: A solid, long-running neighbourhood option for a pawn loan rather than a luxury resale experience. Get a second opinion on valuation for anything with gemstones before accepting an offer.

1202 Queen St W, Toronto, ON M6J 1J6

Gold and Diamond Pawn shop logo
#5🕑 Open 7 days↩ Responds to reviews

Gold and Diamond Pawn shop

4.9188 Google reviews

Gold and Diamond Pawn shop is a Bloor Street East pawn shop focused primarily on buying gold and jewellery for cash, rather than a broad buy-and-sell inventory. Customers describe walking in with jewellery to sell and receiving an on-the-spot offer from the owner or staff. It keeps long hours seven days a week, making it accessible outside typical retail hours.

What people praise

  • Offers described repeatedly as fair and competitive for gold
  • Owner and staff praised by name for professionalism and honesty
  • Long, seven-day opening hours make it easy to visit outside work hours
  • Straightforward, low-pressure selling process
Reputation scorecardrank in Toronto
Rating4.9 / 5
Review volume188 · 69th
Confidencemoderate
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown96% 5-star
✓ VerifiedSource: Google

Our take: Worth a call if selling gold or jewellery outright is the goal rather than taking out a loan against it. Its rating ties for the highest on this page, though it has the smallest review base of the group.

345 Bloor St E Unit-9B, Toronto, ON M4W 3J6

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Watch: 5 Best Pawn Shops in Toronto (2026)

How we rank these pawn shops

Every number here comes from public Google data pulled on the date shown, not from opinion or payment. Rating is the shop’s live Google star average. Review volume measures how many customers have rated them, ranked against other Toronto pawn shops. Confidence weighs the rating by that volume, so a 4.9 built on nearly 2,000 reviews carries more weight than a 4.9 from under 200. Recency reflects how recently customers are still leaving reviews. No business can pay to change these numbers.

What can I expect from a pawn loan or sale in Toronto?

Pawn loan amounts and gold buying prices depend on the item’s condition, current gold spot price, and each shop’s own appraisal, and none of the businesses above publish a fixed rate schedule. Bring identification and, where possible, original receipts or documentation, and ask each shop for its specific loan terms and any fees before agreeing to a deal.

Pawn shops across Toronto

These pawn shops are spread across Yorkville, Scarborough, the Danforth, Parkdale and Cabbagetown, so most of the city has an option within reach. Searching for a pawn shop near me? Every listing here shows a live phone number, address and hours so you can find the closest option fast.

What to ask before you pawn or sell an item

  • Is this offer for a loan against the item, or an outright purchase?
  • What’s the loan period, and what happens if I can’t repay in time?
  • How is the item’s value being assessed, and can I see the breakdown?
  • Do you charge storage or interest fees, and how are they calculated?
  • What identification or documentation do I need to bring?
  • Is there a minimum holding period before you resell an item I’ve pawned?

Frequently asked questions

How did you choose these pawn shops?

We started from Toronto pawn shops with a public Google presence, then ranked by rating, review volume, consistency and recency. See How we rank these pawn shops above.

Are these rankings paid?

No. Rankings come from the public Google data in the scorecard. A business can pay to be a Featured Partner, which adds a badge and top placement, but that never changes another business’s score or position on the underlying data.

How often is this updated?

The data carries a verified date (August 2026 on this page). We refresh listings periodically so ratings and review counts stay current.

Which pawn shop is best for selling gold in Toronto?

Gold and Diamond Pawn shop and McTamney’s both focus heavily on gold buying, and reviewers describe both as offering fair, transparent pricing.

Do Toronto pawn shops buy designer handbags and watches?

Oliver Jewellery specializes in designer handbags, watches and estate jewellery alongside standard pawn and gold-buying services.

The bottom line

Oliver Jewellery is the safe default given its review history and range of designer goods, while McTamney’s and Gold and Diamond Pawn shop are worth calling first if gold or jewellery is specifically what you’re selling. Get a second valuation on anything with real value before you commit.

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