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)
MLS® Number | C12139784 |
Property Type | Retail |
Neigbourhood | Toronto Centre |
Community Name | Cabbagetown-South St. James Town |
BathroomTotal | 1 |
BedroomsTotal | 2 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 1800 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
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) |
Contact us for more information
Eddie Chan
Salesperson