Commercial/Retail for sale at 507 Parliament Street, Toronto, Cabbagetown-South St. James Town, M4X 1P3 - MLS: C12010972

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507 Parliament Street

Toronto, Ontario, M4X 1P3

$2,700,000

Neighbourhood

Cabbagetown-South St. James Town
Major Intersection

Carlton & Parliament

Listed Since: 66 day(s)
Last update: 65 day(s) ago

Overview

Property Type

Commercial/Retail, Retail
Bedrooms

n/a
Bathrooms

n/a
Basement

n/a
Kitchen

n/a
Total Parking

n/a
Lot Size

120.86x22.64 (Feet)
Taxes

$21,747.00 (2024)
Type

Commercial

Property description for 507 Parliament Street, Toronto, Cabbagetown-South St. James Town, M4X 1P3

Prime two-storey investment property with retail at grade and residential. Newly renovated restaurant and residential apartment. Located in the heart of Cabbagetown. Premiere business, retail and residential district. High traffic area with tons of residential and daytime density. Steps from TTC streetcar, Green P Parking. Ground floor consists of approximately 2203 SF + full usable basement. Solid building in excellent condition with a new fire alarm system, recently replaced HVAC, and a new roof. ESA phase 1 from 2022.

Listed by VALUE INSIGHT REALTY INC.

Property details

MLS #

C12010972
Sq. Ft

4916
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

MLS #

C12010972
Sq. Ft

4916
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 507 Parliament Street, Toronto, Cabbagetown-South St. James Town, M4X 1P3

This property has been sold 3 times before.

To view this property's sale price history please sign in or register

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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