556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town)556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 2556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 3556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 4556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 5556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 6556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 7556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 8556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 9556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 10556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 11556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 12556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 13556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 14556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 15556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 16556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 17556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 18556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 19556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town) — photo 20
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For Sale · Retail

556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town)

556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town), ON M4X1P6

$1.6M total

2,290 SF

Asset Class

Retail

Size

2,290 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$721

Occupancy

87%

About this property

Heart Of Cabbagetown Investment Opportunity In Prime Location At The Corner Of Parliament & Prospect St. A Very Successful Tacos (1F), Two Apartments (2F). Approx. $86,400/year Income without TMI For The Investment. Must See! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.65M
Down payment30% · $495K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$79K

Annual cash flow

$-13K

Cash-on-cash

-2.54%

DSCR

0.86

Going-in cap

4.78%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics797 SF2030-10
Vector Robotics478 SF2030-10
Vector Robotics400 SF2030-10
Vector Robotics420 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

67,134

Households

29,211

Median income

$131,000

Median age

38.1

Daytime population

65,185

5-yr growth

2.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 556 PARLIAMENT STREET, Toronto (Cabbagetown-South St. James Town).

NDA required

  • 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.