Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

538 Parliament St 2,422 SF 100% Leased Retail Building Toronto, ON M4X 1P5 $1,073,844 USD ($443.37 USD/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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
$1,073,844 USD
Price Per SF
$443.37 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
10’
Building FAR
1.83
Lot Size
0.03 AC
Zoning
CR - CR
Frontage
33’ on Parliament St

AMENITIES

  • Bus Line
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.®

NEARBY MAJOR RETAILERS

Starbucks
Tim Hortons
No Frills
Rabba Fine Foods
BMO
CIBC
freshii
The Keg Steakhouse + Bar
Td Canada Trust
Royal Bank of Canada
  • Listing ID: 33817764

  • Date on Market: 11/9/2024

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}