388-390 Parliament Street
$5,595,000.00
Great User or Investment Opportunity
Multi-use building with two available vacant commercial floors plus two apartments available for sale at the corner of Parliament Street and Gerrard Street E.
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Sold: Office, Residential, Multi-Family -
Sold: Office, Residential, Multi-Family
43.6613735, -79.3670398
Main Intersection
Parliament Street & Gerrard Street E
Location
Toronto
Address
388-390 Parliament Street
Toronto ON M5A 2Z7
Canada
Listing Agents
Broker Flyer
Building Information
Overall Building Size
7,763.88 SF (Approx.)
Frontage
44.62 ft
Depth
142.30 ft
Parking
6 Parking Spaces Onsite
Legal Description
PT LT 33-34 BLK B PL D138 TORONTO PT 1&4 63R3745; CITY OF TORONTO
Property Highlights
- Well located investment opportunity with tremendous upside potential
- DVP Access within 5 minutes & TTC at the door
- Parking for 8 vehicles onsite
- Property is a corner lot
- Has development potential. Existing Community Centre and library to be constructed close by
- Abundant power to the building
- Two 2 bedroom apartments with 1 kitchen and 2 washrooms in each apartment and shared deck
- 2nd floor commercial has potential to be converted to residential as does the ground floor
- Full height basement
Details
Taxes:
$16,310.19 (2022 Annual)
388 Parliament Street: $9226.22
390 Parliament Street: $7083.97
Suite Information
Total
Square Footage
7,763.88 SF (Approx.)
Possession
TBA
Office / Apartments
Square Footage
4,589 SF
Possession
TBA
Commercial
Square Footage
3,174 SF
Possession
TBA
