440 Parliament Street Basement
Cabbagetown-South St. James Town, Toronto, M5A 3A2
$1,875/mo
Reduced $125 from $2,000
- 1 bathrooms
Listed 36 days ago · MLS® C13780480
About this home
Basement of A Victorian Architectural Gem in the Heart of Historic Cabbage town, Newly renovated space W/ high ceilings, Newly Underpinned Basement and waterproofed set within a beautifully restored brick-front Victorian building featuring charming arched windows, it offers direct access from Parliament St plus a rear entrance leading to backyard laneway parking, 3 Roughed-In Washroom in an underpinned waterproofed basement, taken back to the studs providing the feel of brand-new construction while preserving signature heritage character. Renovations Include: Brand New (windows, doors, trims, concrete slab, new plumbing throughout, newly underpinned basement W/ high ceilings, separate furnace for retail, staircases, 400-amp electrical service + complete new wiring, commercial fire alarm system, fire-rated drywall + soundproof/fire-rated insulation, sump pump, new concrete slab) & more. This thoughtfully redesigned building blends historic charm with modern functionality. Each unit has separate hydro & gas meters for added convenience. Ideal for a wide range of businesses, Property offers exceptional street presence with a large storefront window facing Parliament St Located in the heart of Cabbage town, Next to shops, cafes, grocery stores, top-rated restaurants. Transit/Street Car is at your doorstep W/ major hospitals, parks, Financial District, Eaton Centre are minutes away. Customers use metered parking directly in front of the storefront + free parking on side streets
Details
- Type
- Commercial Retail
- Lot
- 18 × 145 ft
- Garage
- None
- Neighbourhood
- Cabbagetown-South St. James Town
- Municipality
- Toronto C08
Interior
- Bathrooms
- 1 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary
- Utilities
- Yes
Building and exterior
- Building area
- 558 Square Feet
Rental terms
- Minimum term
- 60 months
More
- Possession
- Immediate
- Cross street
- Parliament & Carlton
Location
Location is approximate. See nearby homes on the map
The neighbourhood
Getting around Very walkable
- 🚇 Castle Frank Subway18 min walk
- 🚇 Sherbourne Subway1.2 km
- 🚆 Toronto Union Station GO2.3 km
Within a 10-minute walk: 18 grocery stores, 114 cafés and restaurants, 18 parks, 17 pharmacies. Nearest grocery: No Frills (50 m). Nearest park: Anniversary Park (150 m).
Schools nearby
Elementary
- Lord Dufferin Junior and Senior Public School
EQAO: Gr 6 reading 80%, math 30%5 min walk - Sprucecourt Junior Public School
EQAO: Gr 6 reading 85%, math 25%6 min walk - Winchester Junior and Senior Public School
EQAO: Gr 6 reading 89%, math 57%6 min walk - Our Lady of Lourdes Catholic School Catholic
EQAO: Gr 6 reading 80%, math 43%10 min walk
Secondary
- Jarvis Collegiate Institute
EQAO: Gr 9 math 34%, literacy test 80%12 min walk - Collège français French13 min walk
- Native Learning Centre15 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M5A
- Owners / renters
- 35% / 65%
- Median household income
- $71,000
- Average age
- 40
- Children under 15
- 9%
- Homes
- 0% detached, 78% high-rise
- Commute by transit
- 28%
- Population
- 48,978
Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Moss Park (2025): 119% above the Toronto average, about the same from the year before.
- Assault190% above average
- Break and enter85% above average
- Auto theft64% below average
- Robbery112% above average
- Theft from vehicles30% above average
- Shootings58% below average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 11 active
-
306 GERRARD ST E · 150 mSite Plan · Under Review · applied 2026Site Plan Approval for an 11-storey mixed-use building containing 228 market and affordable residential units, plus office and community program space.Application details
-
405 SHERBOURNE ST · 500 mSite Plan · Application Received · applied 2026Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and…Application details
-
500 DUNDAS ST E · 450 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2026Proposed 35-storey mixed use building (122.2 metres, including mechanical penthouse), containing 413 dwelling units and a minimum of 200 square metres of…Application details
-
219 GERRARD ST E · 350 mSite Plan · Under Review · applied 2025Site Plan Approval for a 10-storey mixed use building with 60 purpose-built rental units and commercial uses at grade.Application details
-
325 GERRARD ST E · 200 mSite Plan · NOAC Issued · applied 2025Building 4A Proposal to construct a 26-storey tower, 10 storey mid-rise podium TCHC social housing building with 271 units, retail at grade along Gerrard…Application details
-
383 SHERBOURNE ST · 450 mSite Plan · Appeal Received · applied 2023The proposal will introduce a 39 storey residential building representing an F.S.I. of 13.58 and lot coverage of 69%. The total GFA will be 20,328 sq. m.…Application details
15 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 2 km. Transit times · Driving times
Coming transit
- 🚧 Moss Park 1.0 km
- 🚧 Distillery District 1.3 km
- 🚧 Queen 1.5 km
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Multiple Projects · 2024 · ClosedRear structural addition and interior alterations to an existing 3 storey building. Total area of interior alterations = 1672.38 sf or…
3 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
52 City street trees within 100 m, mostly honeys. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX HALLMARK REALTY LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Toronto
$1,850/mo
862 Eglinton Avenue E 204
Leaside, Toronto
Office · MLS® C12584606 · BOSLEY REAL ESTATE LTD.
$1,900/mo
670 Bloor Street W 203
Annex, Toronto
Office · MLS® C13552886 · RE/MAX REALTY ENTERPRISES INC.
$1,900/mo
Reduced $100
1 ba
609 Queen Street W Lower level
Waterfront Communities C1, Toronto
Commercial Retail · MLS® C13585044 · LIFESTYLE/YONGE REALTY INC.
$1,900/mo
384 Yonge Street 71
Church-Yonge Corridor, Toronto
Commercial Retail · MLS® C13648424 · RE/MAX REALTRON REALTY INC.
$1,900/mo
180 Shaw Street 302
Trinity-Bellwoods, Toronto
Commercial Retail · MLS® C13869578 · ROYAL LEPAGE SIGNATURE REALTY
$1,900/mo
1 ba
1887 Lawrence Avenue E A
Wexford-Maryvale, Toronto
Office · MLS® E12992378 · CENTURY 21 LEADING EDGE REALTY INC.
$1,900/mo
2425 Eglinton Avenue E 209
Kennedy Park, Toronto
Office · MLS® E13126782 · RE/MAX EXCEL REALTY LTD.
$1,900/mo
4438 Sheppard Avenue E 130
Agincourt South-Malvern West, Toronto
Commercial Retail · MLS® E13529260 · CENTURY 21 KENNECT REALTY