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$1,650,000

556 Parliament St

Toronto C08, ON M4X 1P6

556 Parliament St, Toronto C08Listed at $1,650,000 Commercial Retail. MLS® C13807098.

Just listed — today

Possession · seller's timeline

Flexible

1,097Sq Ft
Commercial Retail
$13,397Taxes/yr · 2025

Description

Heart Of Cabbagetown Investment Opportunity In Prime Location At The Corner Of Parliament & Prospect St. A Very Successful Tacos (1F), Two Apartments (2F). Approx. $86,400/year Income without TMI For The Investment. Must See!

Property Details

Property TypeCommercial Retail
CommunityCabbagetown-South St. James Town
Lot Dimensions15.37 × 80.33 ft
Dir/Cross StParliament and Wellesley
Garage TypeNone
Heating TypeBaseboard
A/CNo
Taxes (2025)$13,397
HSTIn Addition To
SecurityNo
Listed Date9/20/2026
Days on Market0 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Property UseRetail
Occupant TypeTenant
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires3/18/2027

Commercial Space & Financials

Retail Area1,097 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELIFE FRONTIER REALTY INC.

MLS® #C13807098

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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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 →