538 Parliament Street
Cabbagetown-South St. James Town
Toronto
M4X 1P6
$1,499,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12139784
- Photos (8)
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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.167 m2
- Retail Area:
- 12 sq. ft. Sq Ft
- Office/Apt Area:
- 600 sq. ft. Sq Ft
- Depth:
- 80'24.4 m
- Frontage:
- 16'6"5.03 m
- 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
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Listed by AREA REALTY INC.
Data was last updated May 16, 2025 at 03:15 PM (UTC)
- CAMILO GAMEZ
- THE AGENCY [2484 BLOOR ST WEST #19 TORONTO, ONTARIO M6S1R4]
- 1 (416) 3991106
- Contact by Email
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