NewFor Sale

538 Parliament Street
Toronto C08, Toronto, ON, M4X 1P6

Store W Apt/Office
TRREB
MLS® Number: C12139784
$1,499,000List Price
Store W Apt/OfficeProperty Type
1,800 sq ftSize
$10,796 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 538 Parliament Street, Toronto C08, ON M4X 1P6

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Description

Situated in the heart of Torontos vibrant Cabbagetown neighborhood, 538 Parliament Street offers a unique blend of commercial and residential spaces. This four-story, mixed-use building is fully leased with the commercial unit available vacant, providing immediate income potential for investors or an excellent opportunity for owner-occupiers seeking a live-work arrangement.The space has a history of successful businesses, including a hair salon and a restaurant, and is equipped with adequate power and infrastructure, making it adaptable for various commercial uses. Basement: High and dry, offering additional income potential or storage space.Upper Floors: residential unit featuring ample natural light and well-maintained finishes. Currently rented out for $4000 per monthLocation: High-traffic area with excellent visibility on Parliament Street. Accessibility: Close proximity to public transit, shops, restaurants, and other amenities. Walk Score: 97 (Walkers Paradise) Transit Score: 90 (Riders Paradise) Bike Score: 99 (Bikers Paradise)

Features

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Amenities

No amenities available

Summary

Tax (Annual):$10,796 / 2024
Listing #:C12139784
Property Type:Store W Apt/Office
Size:1,800 sq ft
Land Size:16.5 x 80
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:AREA REALTY INC.

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Cabbagetown-South St. James Town
Municipality:Toronto

Building

Size:1,800 sq ft

Inside

Bedrooms:2
Bathrooms:1
Kitchens:1
Rooms:8
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Parliament And Winchester

$1,499,000

List price

538 Parliament Street, Toronto C08 – Store W Apt/Office for sale