538 Parliament St - Storefront Retail/Residential FOR SALE


Toronto, ON M4X 1P5
$1,499,000 CAD
647-281-6109
538 Parliament St, Toronto, ON for Sale
$1,499,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

538 Parliament St
Toronto, ON M4X 1P5


HIGHLIGHTS

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

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,499,000 CAD

PRICE/SF

$619 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,320 SF

ZONING

CR

APN/PARCEL ID

190407431002100

ASK ABOUT THIS PROPERTY

Eddie ChanArea RealtyMore Info
647-281-6109

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Eddie ChanArea RealtyMore Info
647-281-6109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.