388-390 Parliament Street

$5,950,000

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.


For more information, contact:

Peter DeGuerre
PDeGuerre@lennard.com
416.649.5903

Parliament Street and Gerrard Street E.
388-390 Parliament Street

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Building Information

Overall Size 7,753.88 SF (Approx.)
Depth 142.30 FT Frontage 44.62 FT
  • Legal Description

    Pt Lt 33-34 Blk B Pl D138 Toronto Pt 1&4 63R3745; City Of Toronto

Suite Information

Unit Number Total Square Footage 7,753 SF (Approx.) Possession TBA
Unit Number Office / Apartments Square Footage 5,179 Possession TBA
Unit Number Commercial Square Footage 2,589 SF Possession TBA

Details

Taxes: 
$16,310.19 (2022 Annual)
388 Parliament Street: $9226.22 
390 Parliament Street: $7083.97
 
Purchase Price:
$5,950,000 (VTB Financing Available)
 
Property Highlights
  • Two 2 bedroom apartments with shared deck
  • 2nd and ground floor commercial has the potential to be converted to residential or leased as commercial
  • Full height basement, offering flexibility 
  • 6 parking spaces onsite 
  • Great owner or investor opportunity
  • In well located area, TTC at the door
  • Flexible vendor