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538 Parliament Street
Cabbagetown-South St. James Town Toronto M4X 1P6

$1,499,000 /For Sale
Commercial

Main Photo: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 1: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 2: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 3: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 4: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 5: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 6: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 7: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Photo 8: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12139784
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)
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1800 sq. ft. Square Feet
Total Area:
1,800 sq. ft.
Retail Area:
12 sq. ft. Sq Ft
Office/Apt Area:
600 sq. ft. Sq Ft
Depth:
80'
Frontage:
16'6"
Lot Details:
16.50 x 80.00 Feet
Bedrooms:
2
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Rooms:
8
Zoning:
Mixed Use (commercial/residential)
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
None
Parking Spaces:
0
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$10,796 / 2024
Assessment:
$- / -
Toronto C08
Cabbagetown-South St. James Town
Toronto
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
May 10, 2025
  • Photo 1: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 2: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 3: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 4: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 5: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 6: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 7: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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  • Photo 8: 538 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12139784
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Listed by AREA REALTY INC.
Data was last updated May 16, 2025 at 03:15 PM (UTC)
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