Home · Buy · Toronto C08 · 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
0
Beds
—
Baths
0
Parking
1650 sq ft
Sq ft
—
Built
The honest picture
List price
$1,200,000
Renavu Estimate
—
Benchmark · Condo Apt
$499,200
Listed 140% above the Toronto C08 benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Exceptional opportunity to own a mixed-use commercial property in the heart of Cabbagetown!Approx. 550 sq. ft. main-floor retail/commercial space plus a spacious 2-bedroom + den residential apartment of over 1,000 sq. ft. featuring a large private deck. Prime Parliament St. location with excellent pedestrian and vehicular exposure, surrounded by established retailers, cafés, restaurants and high-density residential neighbourhoods. Steps to TTC transit with easy access to Sherbourne Station and Downtown Toronto. Minutes to Riverdale Farm, Allan Gardens, Toronto Metropolitan University, downtown hospitals, the Financial District, Eaton Centre, and the DVP. An ideal opportunity for owner-occupiers, investors, orlive/work use in one of Toronto's most vibrant and sought-after mixed-use communities.
Property details
Listed on
July 15, 2026
Days on market
9 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
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.9%
$
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$95,000
Total cash to close$138,750
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.
