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Commercial Retail for sale at 461 Parliament Street, Toronto C08, 2 bathroom - Photo 1 of 6
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$1,488,800

461 Parliament St

Toronto C08, ON M5A 3A3

461 Parliament St, Toronto C08Listed at $1,488,800, 2 bathroom Commercial Retail. MLS® C13778202.

New this week

Possession · seller's timeline

Flexible (Any time)

2Baths
700Sq Ft
Retail Store Related
Commercial Retail
$12,314.31Taxes/yr · 2026

Description

Located In The Heart Of Cabbage-Town Neighbourhood, This Property Offer Retail On Main Flr With Basement with pharmacy tenant, Second Floor Residential 2 apartments with one bedroom each with seperated entrance. The two apartments with total new renovation . Main Floor pharmacy with long term lease. Main Floor pay 75% tax and 75% insurance. Offer great income abou $80K Net Income. Offer four Parkings In The Rear. New Roof 2023, New AC and Furnace 2023 and New Renovation for inside of the whole building 2023. Great Investment for investor. SHow and sell. Motived seller. Offer any time

Property Details

Property TypeCommercial Retail
CommunityCabbagetown-South St. James Town
Approximate Age51-99
Washrooms2
Lot Dimensions14.04 × 109.5 ft
Dir/Cross StParliament & Gerrard St.
Garage TypeLane
Heating TypeOil Hot Water
A/CNo
SewersSanitary
Taxes (2026)$12,314.31
HSTNot Subject to HST
SecurityNo
Listed Date9/14/2026
Days on Market7 days
PossessionAny time

Business Details

Property Sub-TypeCommercial Retail
Business TypeRetail Store Related
Property UseMulti-Use
Occupant TypeTenant
FranchiseNo
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires1/31/2027

Commercial Space & Financials

Retail Area700 Sq Ft

Industrial Specifications

CraneNo
Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.

MLS® #C13778202

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 461 Parliament Street

This commercial retail is located in the Cabbagetown-South St. James Town neighbourhood of Toronto.

The home offers 2 bathrooms.

Additional details: lot dimensions of 14.04 × 109.5 feet.

Listed at $1,488,800 CAD with annual property taxes of $12,314.31 (2026).

About Toronto Real Estate

This Commercial Retail is located in the Cabbagetown-South St. James Town community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →