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Home · Buy · Toronto C08 · 585 Parliament Street, Toronto, ON M4X 1P9
585 Parliament Street, Toronto, ON M4X 1P9
585 Parliament Street, Toronto, ON M4X 1P9
For Sale · Store W Apt/Office

585 Parliament Street, Toronto, ON M4X 1P9

Toronto C08 · Cabbagetown-South St. James Town
◷62 days on market
—
Beds
—
Baths
—
Parking
1650 sq ft
Sq ft
—
Built

About this home

  • Mixed-use property with approximately 550 sq. ft. of retail/commercial space on main floor
  • Located on Parliament Street in Cabbagetown with pedestrian and vehicular exposure
  • Steps to TTC transit and Sherbourne Station
  • Near Riverdale Farm, Allan Gardens, Toronto Metropolitan University, and downtown hospitals

Key points summarised from the listing description.

Property details

Listed on
July 15, 2026
Days on market
62 days
Property tax
$10,437.06 (2026)
Lot
15 × 91 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C13567244

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 15, 2026—$1,200,000For SaleC13567244
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$20,475
Toronto municipal LTT$20,475
Legal · title · inspection$2,800
Closing costs$43,750
Down payment$240,000
Total cash to close$283,750
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$1,200,000
MLS® C13567244 · Listed by CENTURY 21 NEW CONCEPT
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of CENTURY 21 NEW CONCEPT. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated September 15, 2026.

$1,200,000

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. 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. IDX information is for consumers' personal, non-commercial use.

Neighbourhood market

The Cabbagetown-South St. James Town market

How homes are selling here right now — sold data for July 2026.

Buyer's marketAll home types in Cabbagetown-South St. James Town · 42 sales over 3 months
Buyer'sBalancedSeller's

Homes in Cabbagetown-South St. James Town are taking around 29 days to sell, and going for about 97.7% of asking. There is usually room to negotiate.

Median sold · Cabbagetown-South St. James Town
$1,100,000
▲ 50.7% year over year
Homes sold · this month
11
22 days on market avg
Sold vs asking
97.1%
under asking — room to negotiate
Condo Apt median · Toronto Central
$590,000
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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