517 Parliament Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Cabbagetown-South St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7,000 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
- Premium 25.5 x 121 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Welcome To Cabbagetown. Discover An Exceptional 2,500 Sq. Ft. Main Floor Retail Or Office Space In The Heart Of Downtown Toronto, Ideal For Retailers, Professionals, Or Creative Businesses. *This Bright And Modern Space Offers A Flexible Open Layout That's Easy To Tailor To Your Needs. *Expansive Front And Rear Windows Provide Excellent Natural Light And Strong Street Presence, While A Sleek Kitchenette And Accessible Washroom Add Everyday Convenience. *The Space Features 12 Enclosed Offices, Many With Floor To Ceiling Glass Walls And Doors, Creating A Clean And Contemporary Feel. Of The 12 Offices, Three Function As Spacious Conference Rooms, Two Serve As Private Offices, And Seven Feature Full Height Glass Doors, Including A Large Multi Room Area Ideal For Collaboration Or Client Meetings. *Enjoy Outstanding Street Visibility, High Pedestrian Traffic, And Prominent Signage Opportunities In This Prime Location. Two Dedicated Rear Parking Spaces Are Included, With Ample Free Street Parking Nearby. The Property Is Zoned CR2(c1;r22362), Allowing For A Wide Range Of Permitted Uses. Ideally Surrounded By Restaurants, Cafes, And Nearby Parks, The Area Offers Excellent Convenience And Lifestyle Appeal With Easy Access To Public Transportation. *Recently Renovated With High Quality Interior Finishes, This Is A Rare Leasing Opportunity For Businesses Looking To Establish Or Elevate Their Presence In Toronto's Vibrant Core.
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Pricing & Value Insights
Data-driven valuation for 517 Parliament Street Main Floor, Toronto C08, ON M4X 1P3
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 $7,000 in Toronto, the legal minimum down payment is $350 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 $35 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $35 also applies, bringing the total estimated land transfer taxes to $70.
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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.