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538 Parliament St

2,422 SF 100% Leased Retail Building Toronto, ON M4X 1P5 $1,069,751 USD ($442 USD/SF)

Retail Space Ontario Toronto 538 Parliament St, Toronto, ON M4X 1P5

Investment Highlights

  • Heavy Daytime traffic
  • Plenty of income potential
  • Lots of natural light

Executive Summary

Owner occupied residential unit with great income potential and stable main floor tenant with lease expiring June 2025. Previously the main floor space was a hair salon and prior to that a restaurant so there is adequate power and a hood vent installed already if needed. The basement is high and dry with additional income potential. Hub for major development with lots of traffic nearby and in the heart of Cabbagetown. New furnaces and well-kept unit with lots of natural light. Move in and occupy the residential unit and run your business on the main floor or rent out the units to a mix of residential and commercial tenants!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,422 SF
Building Class
B
Year Built
1900
Price
$1,069,751 USD
Price Per SF
$442 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
10’
Building FAR
1.83
Land Acres
0.03 AC
Zoning
CR - CR
Frontage
33 FT on Parliament St

Amenities

  • Bus Line

Links

1 of 1
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (90)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

No Frills
CIBC
TD Canada Trust Branch and ATM
Meridian
Starbucks
The Keg Steakhouse + Bar
Tim Hortons
freshii
Rabba Fine Foods
Metro
  • Eddie Chan
    Eddie Chan
  • Area Realty
(647) 281-6109

  • Listing ID: 33817764

  • Date on Market: 11/9/2024

  • Last Updated:

  • Address: 538 Parliament St, Toronto, ON M4X 1P5

The Retail Property at 538 Parliament St, Toronto, ON M4X 1P5 is currently available For Sale. Contact Area Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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538 Parliament St
(647) 281-6109 x

538 Parliament St

Eddie Chan

(647) 281-6109

(647) 281-6109

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