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492 Parliament Street Unit Lower

Toronto C08, ON M4X 1P2

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

Prime Cabbage town sale of business opportunity in a high-traffic location. Currently operating as a café, the space offers excellent flexibility for a wide range of commercial retail uses. This well-located basement retail unit features approximately 850 sq. ft., one washroom, and the potential to expand up to 1,100 sq. ft. The space has benefited from numerous recent upgrades, including a $10,000 upgraded electrical power panel, upgraded HVAC system, new water heater, and new flooring throughout. Functional existing build-out allows for an easy transition for various business concepts. Rent includes T.M.I., with tenant responsible for hydro and gas (separately metered). Green P parking lot conveniently located behind the building. Exceptional opportunity in one of Toronto's most sought-after neighbourhoods.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeM4X 1P2
Last UpdatedAug 8, 2026 · 6:31 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12715256

Listed by THE AGENCY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$69,000

asking price

MLS®C12715256
TypeCommercial
CityToronto C08
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$337

/month · $55,200 mortgage

Down Payment20% — $13,800
Interest Rate5.5%

Amortization

Total Interest

$45,881

Total Cost

$101,081

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

THE AGENCY