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585 Parliament Street

Cabbagetown-South St. James Town / Toronto C08, ON M4X 1P9

ActiveFor Sale
0 Beds
0 Baths
1,650 Sq Ft
Commercial

About This Property

Exceptional opportunity to own a mixed-use commercial property in the heart of Cabbagetown!Approx. 550 sq. ft. main-floor retail/commercial space plus a spacious 2-bedroom + den residential apartment of over 1,000 sq. ft. featuring a large private deck. Prime Parliament St. location with excellent pedestrian and vehicular exposure, surrounded by established retailers, cafés, restaurants and high-density residential neighbourhoods. Steps to TTC transit with easy access to Sherbourne Station and Downtown Toronto. Minutes to Riverdale Farm, Allan Gardens, Toronto Metropolitan University, downtown hospitals, the Financial District, Eaton Centre, and the DVP. An ideal opportunity for owner-occupiers, investors, orlive/work use in one of Toronto's most vibrant and sought-after mixed-use communities.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,650 sq ft
Bedrooms0
Bathrooms0
Postal CodeM4X 1P9
Last UpdatedAug 8, 2026 · 5:11 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C13567244

Listed by CENTURY 21 NEW CONCEPT

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.

$1,200,000

asking price

MLS®C13567244
TypeCommercial
CityToronto C08
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,860

/month · $960,000 mortgage

Down Payment20% — $240,000
Interest Rate5.5%

Amortization

Total Interest

$797,927

Total Cost

$1,757,927

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

Full Mortgage Calculator →

Listed By

CENTURY 21 NEW CONCEPT