1/6566 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town)
566 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town), ON M4X1P8
Price on request
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
88%
About this property
Prime retail space for lease at Parliament & Wellesley, in the heart of Cabbagetown. 750 sq ft of street-front retail on a busy main-street corridor, steps to Wellesley subway station and the streetcar, surrounded by dense residential foot traffic day and night.The unit features a 2-piece washroom and is offered as-is with the current fixtures in place - a turnkey start for the right tenant. Ideal for a wide range of retail and service uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$74K
Annual cash flow
$-10K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
133,455
Households
46,641
Median income
$114,500
Median age
35.5
Daytime population
158,726
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 566 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.