371 Parliament Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Regent Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $45 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Prime commercial opportunity located at the high traffic corner of Parliament and Gerrard in the Heart of Regent Park. This brand new building is surrounded by a dense and growing residential community with strong foot traffic from nearby condos townhomes and purpose built rentals. Steps to TTC streetcar routes, parks, community centres, grocery stores and national retailers creating a lively and highly walkable urban environment. The unit is ideally designed and ideal for a cafe concept featuring excellent street exposure and large windows allowing for abundant natural light and strong branding presence. The constant flow of pedestrians, local residents, office workers and visitors makes this an exceptional location for a coffee shop or cafe focused use. A rare opportunity to establish a food and beverage presence in one of downtown Toronto's most rapidly evolving neighborhoods.
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Pricing & Value Insights
Data-driven valuation for 371 Parliament Street, Toronto C08, ON M5A 1B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $45 in Toronto, the legal minimum down payment is $2 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.