245 West Beaver Creek Rd #9B
(289)317-1288


LOADING

538 Parliament Street Toronto, Ontario M4X 1P6

2 Bedroom 1 Bathroom 1800 sqft
Fully Air Conditioned Other

$1,499,000

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:35762)

Property Details

MLS® Number C12139784
Property Type Retail
Neigbourhood Toronto Centre
Community Name Cabbagetown-South St. James Town

Building

BathroomTotal 1
BedroomsTotal 2
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 1800 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 80 Ft
SizeFrontage 16 Ft ,6 In
SizeIrregular 16.5 X 80 Ft
SizeTotalText 16.5 X 80 Ft
ZoningDescription Mixed Use (commercial/residential)

https://www.realtor.ca/real-estate/28293928/538-parliament-street-toronto-cabbagetown-south-st-james-town-cabbagetown-south-st-james-town

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Eddie Chan
Salesperson


Area Realty Inc.
650 College St 2nd Flr
Toronto, Ontario M6G 1B7

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