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Lower 492 Parliament Street
Cabbagetown-South St. James Town Toronto M4X 1P2

$69,000 /For Sale
Commercial

Main Photo: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 1: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 2: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 3: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 4: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 5: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 6: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 7: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 8: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 9: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 10: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 11: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 12: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 13: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 14: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 15: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 16: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 17: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 18: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 19: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 20: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 21: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Photo 22: Lower 492 Parliament Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C12715256
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12715256
Bus Major:
Cafe
Prime Cabbage town sale of business opportunity in a high-traffic location. Currently operating as a café, the space offers excellent flexibility for a wide range of commercial retail uses. This well-located basement retail unit features approximately 850 sq. ft., one washroom, and the potential to expand up to 1,100 sq. ft. The space has benefited from numerous recent upgrades, including a $10,000 upgraded electrical power panel, upgraded HVAC system, new water heater, and new flooring throughout. Functional existing build-out allows for an easy transition for various business concepts. Rent includes T.M.I., with tenant responsible for hydro and gas (separately metered). Green P parking lot conveniently located behind the building. Exceptional opportunity in one of Toronto's most sought-after neighbourhoods.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
850 sq. ft. Square Feet
Total Area:
850 sq. ft.
Retail Area:
850 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR2.0 (c1.0, R2.0) SS2 (X2362)
Heating type:
Other
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C08
Cabbagetown-South St. James Town
Yes
Coffee Machine and Photo Booth
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Cafe
Category:
Without Property
Franchise:
No
Days Open:
Open 4 Days
Hours Open:
11:00 AM
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
20
Date Listed:
Jan 20, 2026
Original Price:
$69,000
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Listed by THE AGENCY
Data was last updated January 30, 2026 at 10:15 PM (UTC)
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