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428 Parliament St
Toronto, ON M5A 3A2

Retail Property For Sale

Investment Highlights

  • Close proximity to amenities
  • Great street frontage

Executive Summary

Exciting Cabbagetown Investment Opportunity! Attractive two-storey building with a large main floor commercial space, plus a finished lower-level unit with its own separate walk-down entrance. Currently leased to H&R Block (Lease ending May 2025). Stylish and spacious second-floor residential apartment unit on month to month tenancy. Located on sought-after block of Parliament, just north of Gerrard St. E. Close to all amenities, popular restaurants, grocery stores, boutique retailers, cafes, and has convenient TTC streetcar access. Just minutes away from the DVP, downtown core, Riverdale Park, and home to an eclectic mix of businesses. Well-maintained and a pleasure to show.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,792 SF
Building Class
C
Year Built
1966
Price
$2,299,000 CAD
Price Per SF
$606 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.31
Lot Size
0.07 AC
Zoning
CR - Commercial Residential
Parking
8 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
18 ft on Parliament St

Amenities

  • Bus Line
  • Listing ID: 34240312

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 428 Parliament St, Toronto, ON M5A 3A2

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