440 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 $4,600 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 3 Bathrooms
- Premium 18 x 145 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
*Main Floor and 1/2 of the Basement* of A Victorian Architectural Gem in the Heart of Historic Cabbage town, Newly renovated retail space W/ soaring ceilings, set within a beautifully restored brick-front Victorian building featuring charming arched windows & exposed brick accents. Main floor retail offers direct access from Parliament St plus a rear entrance leading to backyard laneway parking & almost 1/2 of Basement With Access from Main floor that offers 3 Washrooms in an underpinned waterproofed basement features high ceilings making it highly versatile for wide range of commercial uses, Property underwent full year-long transformation, taken back to the studs + a large rear addition, providing the feel of brand-new construction while preserving signature heritage character. Renovations Include: Brand New (windows, doors, trims, subfloors, new plumbing throughout, newly underpinned basement W/ high ceilings, separate furnace for retail, staircases, 400-amp electrical service + complete new wiring, commercial fire alarm system, fire-rated drywall + soundproof/fire-rated insulation, sump pump, new concrete slab) & more. This thoughtfully redesigned building blends historic charm with modern functionality. Each unit has separate hydro & gas meters for added convenience. Ideal for a wide range of businesses, Property offers exceptional street presence with a large storefront window facing Parliament St Located in the heart of Cabbage town, Next to shops, cafes, grocery stores, top-rated restaurants. Transit/Street Car is at your doorstep W/ major hospitals, parks, Financial District, Eaton Centre are minutes away. 2 laneway parking space for retail. Customers use metered parking directly in front of the storefront + free parking on side streets
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 440 Parliament Street Main & 1/2 Bsmt, Toronto C08, ON M5A 3A2
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 $4,600 in Toronto, the legal minimum down payment is $230 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 $23 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23 also applies, bringing the total estimated land transfer taxes to $46.
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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.
