ON > Toronto C08 > Cabbagetown-South St. James Town
Toronto C08, ON M4X 1P6,538 Parliament ST
Toronto C08, ON M4X 1P6,538 Parliament ST
Toronto C08, ON M4X 1P6,538 Parliament ST
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Gail Reeves Reid

Gail Reeves Reid

EXP Realty Brokerage

+1(416) 540-8681
$1,499,000
Est. payment /mo
2 Beds
1 Bath
1,800 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $832

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C12139784

Bedrooms 2

Annual Tax Amount $10,796

Tax Year 2024

Property Sub-Type Store W Apt/Office

Lot Depth 80.0

Lot Front 16.5

Property 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)

Location

Province ON

County Toronto

Community Cabbagetown-South St. James Town

Area Toronto

Zoning Mixed Use (commercial/residential)

Rooms

Kitchen 1

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 16.5

Lot Depth 80.0

Others

Security Features No

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Listed by AREA REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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