561 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 $2,800 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 19.5 x 123 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
If you want thousands of customers at your doorstep and easy 2-car parking for deliveries, this main floor commercial space is for you. Lease this renovated property in the heart of thriving Cabbagetown to lend your business an air of quiet sophistication. Take advantage of layout to bring customers through from the busy street to the serene back yard, or receive your clients in the bright front room leaving the quieter treatment rooms in the back. Flexible space with high ceilings and lots of storage.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 561 Parliament Street, Toronto, ON M4X 1P7
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 $2,800 in Toronto, the legal minimum down payment is $140 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 $14 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14 also applies, bringing the total estimated land transfer taxes to $28.
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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.
