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$69,000

Sale Of Business

492 Parliament Street Lower, Toronto, ON M4X 1P2Cabbagetown-South St. James Town

Listing Overview

MLS ID:C12715256
Status:New
Type:Commercial / Sale Of Business
Days on Market:77
Listed:2026-01-20
Last Updated:Jan 21, 2026
Cross Street:Carlton & Paliament
Data Source:PROPTX

Interior

Utilities

Heat Type:Other

Outdoor / Lot

Parking

Garage Type:None

Description

Prime Cabbage town sale of business opportunity in a high-traffic location. Currently operating as a café, the space offers excellent flexibility for a wide range of commercial retail uses. This well-located basement retail unit features approximately 850 sq. ft., one washroom, and the potential to expand up to 1,100 sq. ft. The space has benefited from numerous recent upgrades, including a $10,000 upgraded electrical power panel, upgraded HVAC system, new water heater, and new flooring throughout. Functional existing build-out allows for an easy transition for various business concepts. Rent includes T.M.I., with tenant responsible for hydro and gas (separately metered). Green P parking lot conveniently located behind the building. Exceptional opportunity in one of Toronto's most sought-after neighbourhoods.

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