585 Parliament Street
Toronto C08, ON
- 1,650 sqft
- Store W Apt/Office
- 54 days on market
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.
Listing Details
- Taxes (2026)
- $10,437
- Listed
- July 14, 2026
Price History
Property
- Lot Size
- 15 x 91 Feet
Parking
- Garage
- None
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Parliament/Wellesley
- Zoning
- CR2(c1;r2*1288), CR2(c1;r2*2361)
- Parcel Number
- 210830041
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 1100 Sq Ft
Community
Postal area M4X
- Population
- 19,896
- Private dwellings
- 11,142
- Median age
- 39.2
- Average household size
- 2
- Median household income
- $58,800
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C08 · last 12 months
- Median sold price
- $592,500
- Homes sold
- 1,638
- Median days on market
- 28
- Sale-to-list price
- 97.3%
Based on 1,638 recorded sales of commercial properties in Toronto C08 over the last 12 months.
Listed by
CENTURY 21 NEW CONCEPT
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,650 sq ft
- Price per sq ft
- $727.27
- Annual property tax
- $10,437
- Tax per sq ft
- $6.33
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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