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539-541 Parliament St Local commercial 890 m² À vendre Toronto, ON M4X 1P7
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Fully leased to Rexall under a long-term net lease until November 2032, ensuring stable income.
- Approximately 10,000 sq. ft. site with CR zoning permitting as-of-right four-story (14-meter) built form.
- Property benefits from below-market financing, enhancing in-place leverage and supporting returns.
- Prime corner location with high visibility in the densely populated Cabbagetown neighborhood of downtown Toronto.
- Attractive covered land investment with long-term repositioning or redevelopment potential.
- Surrounded by strong pedestrian traffic, neighborhood-serving retail, and ongoing residential growth.
Résumé analytique
This offering represents a rare opportunity to acquire 100% freehold interest in a prominent retail asset located at the high-traffic corner of Parliament Street and Winchester Street in Cabbagetown, one of Toronto’s most established downtown neighborhoods. The property is fully leased to Rexall / Pharma Plus Pharmacies Ltd. under an original 20-year net lease that commenced in 2012 and runs through November 2032, ensuring stable and predictable cash flow from a nationally recognized pharmacy chain.
Positioned on an approximate 10,000-square-foot corner site, the property’s CR zoning allows for an as-of-right four-story (14-meter) built form, offering significant long-term redevelopment or repositioning potential. This combination of reliable income and future optionality provides a compelling covered land investment profile.
The property further benefits from below-market financing, which enhances investor leverage and supports acquisition pricing. With strong pedestrian traffic, dense residential surroundings, and continued growth in this vibrant neighborhood, 539–541 Parliament Street offers an exceptional investment and urban land opportunity in the core of Toronto.
Positioned on an approximate 10,000-square-foot corner site, the property’s CR zoning allows for an as-of-right four-story (14-meter) built form, offering significant long-term redevelopment or repositioning potential. This combination of reliable income and future optionality provides a compelling covered land investment profile.
The property further benefits from below-market financing, which enhances investor leverage and supports acquisition pricing. With strong pedestrian traffic, dense residential surroundings, and continued growth in this vibrant neighborhood, 539–541 Parliament Street offers an exceptional investment and urban land opportunity in the core of Toronto.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Boutique
Surface de l’immeuble
890 m²
Classe d’immeuble
C
Année de construction
1994
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
1,00
Surface du lot
0,09 ha
Zonage
CR2.0
Façade
Caractéristiques
- Ligne d’autobus
- Intersection avec signalisation
1 1
Exceptionnellement praticable à pied
100/100
Relativement adapté aux voitures
40/100
Transports en commun exceptionnels
90/100
Exceptionnellement praticable à vélo
90/100
Principaux commerces à proximité
1 sur 4
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
539-541 Parliament St
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