538 Parliament Street, Toronto

Bedrooms: 2
Bathrooms: 1
Living area: 1800 square feet
Type: Commercial
Added: 3 months ago
Updated: 3 months ago
Last Checked: 15 hours ago
Listed by: AREA REALTY INC.
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Listing description
This Commercial listing at 538 Parliament Street Toronto, ON with the MLS Number c12139784 which includes 2 beds, 1 baths and approximately 1800 sq.ft. of living area listed on the Toronto market by EDDIE CHAN - AREA REALTY INC. at $1,499,000 3 months ago.

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) (id:1945)

Property Details Key information about 538 Parliament Street

Cooling: Fully air conditioned
Heating:
- Natural gas
- Other
Structure Type: Residential Commercial Mix

Exterior & Lot Features Learn about the exterior and lot specifics of 538 Parliament Street

Water Source: Municipal water
Lot Size Dimensions: 16.5 x 80 FT

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Nearby Listings Stat Estimated price and comparable properties near 538 Parliament Street

Active listings

439

Min Price

$399,900

Max Price

$1,499,000

Avg Price

$629,492

Days on Market

47 days

Sold listings

153

Min Sold Price

$375,000

Max Sold Price

$970,000

Avg Sold Price

$619,692

Days until Sold

59 days

Nearby Places Nearby schools and amenities around 538 Parliament Street

The School of Toronto Dance Theatre (0.2 km)
80 Winchester St, Toronto

Jarvis Collegiate Institute (0.7 km)
495 Jarvis St, Toronto

National Ballet School, The (0.8 km)
400 Jarvis St, Toronto

Phoenix Concert Theatre (0.4 km)
410 Sherbourne St, Toronto

Riverdale Farm (0.6 km)
201 Winchester St, Toronto

Allan Gardens (0.7 km)
19 Horticultural Ave, Toronto

The Keg Steakhouse & Bar - Mansion (0.7 km)
515 Jarvis St, Toronto

Price History

Listed

May 10, 2025

by AREA REALTY INC.

Commercial For Sale