461 Parliament Street

Cabbagetown-South St. James Town, Toronto, M5A 3A3

$1,488,800

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  • 2 bathrooms

Listed 36 days ago · MLS® C13778202

About this home

Located In The Heart Of Cabbage-Town Neighbourhood, This Property Offer Retail On Main Flr With Basement with pharmacy tenant, Second Floor Residential 2 apartments with one bedroom each with seperated entrance. The two apartments with total new renovation . Main Floor pharmacy with long term lease. Main Floor pay 75% tax and 75% insurance. Offer great income abou $80K Net Income. Offer four Parkings In The Rear. New Roof 2023, New AC and Furnace 2023 and New Renovation for inside of the whole building 2023. Great Investment for investor. SHow and sell. Motived seller. Offer any time

Details

Type
Commercial Retail
Age
51-99 years
Lot
14.04 × 109.5 ft
Garage
Lane
Property tax
$12,314 (2026)
Neighbourhood
Cabbagetown-South St. James Town
Municipality
Toronto C08

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Oil Hot Water
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Age
51-99 years
Building area
1,400 Square Feet

More

Possession
Any time
Cross street
Parliament & Gerrard St.
Business type
Retail Store Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Castle Frank Subway17 min walk
  • 🚇 Sherbourne Subway18 min walk
  • 🚆 Toronto Union Station GO2.4 km

Within a 10-minute walk: 18 grocery stores, 112 cafés and restaurants, 19 parks, 18 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%
    6 min walk
  • Winchester Junior and Senior Public School
    EQAO: Gr 6 reading 89%, math 57%
    6 min walk
  • Sprucecourt Junior Public School
    EQAO: Gr 6 reading 85%, math 25%
    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 Cabbagetown-South St.James Town (2025): 26% above the Toronto average, down 8% from the year before.

  • Assault40% above average
  • Break and enter70% above average
  • Auto theft59% below average
  • Robbery85% above average
  • Theft from vehiclesabout average
  • Shootingsnone reported

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 10 active

  • 306 GERRARD ST E · 150 m
    Site Plan · Under Review · applied 2026
    Site 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 m
    Site Plan · Application Received · applied 2026
    Site 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 · 500 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2026
    Proposed 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 · 400 m
    Site Plan · Under Review · applied 2025
    Site 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 · 250 m
    Site Plan · NOAC Issued · applied 2025
    Building 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 m
    Site Plan · Appeal Received · applied 2023
    The 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

13 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 1.1 km
  • 🚧 Distillery District 1.4 km
  • 🚧 Queen 1.6 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.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

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

50 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 HOMELIFE LANDMARK REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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