561 Parliament St is a retail in Toronto, listed for $2,900.
1Beautifully Restored Heritage Commercial Space in the Heart of Cabbagetown.
2Lovingly restored to its original glory, this beautiful heritage building seamlessly blends timeless architectural details with modern functionality, creating an inviting space that is as practical as it is memorable.
3Flooded with natural light through stunning original heritage windows, the space feels bright, warm, and welcoming from the moment you step inside.
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Commercial Property in Toronto
About 561 Parliament Street
Beautifully Restored Heritage Commercial Space in the Heart of Cabbagetown. Welcome to one of Cabbagetown's most charming and character-filled commercial properties. Lovingly restored to its original glory, this beautiful heritage building seamlessly blends timeless architectural details with modern functionality, creating an inviting space that is as practical as it is memorable. Flooded with natural light through stunning original heritage windows, the space feels bright, warm, and welcoming from the moment you step inside. High ceilings, original millwork, rich architectural details, and a beautiful decorative fireplace add warmth and sophistication while preserving the building's historic charm. A thoughtfully designed hidden pocket door discreetly separates the front retail or reception area from the private offices and workspaces at the rear, offering flexibility, privacy, and an elegant touch rarely found in commercial properties.The versatile floor plan lends itself to a wide variety of uses, including: Café or artisan bakery, Beauty spa or wellness clinic, Boutique retail shop or architectural studio, Gallery or creative workspace, Medical or therapy practice, Salon or specialty service business. Outside, a charming front patio provides the perfect setting for café seating, client waiting, or seasonal displays, adding to the property's welcoming curb appeal. At the rear, two private parking spaces offer a valuable convenience rarely available in this sought-after neighbourhood. Located in the vibrant heart of historic Cabbagetown, the property enjoys exceptional visibility and steady pedestrian traffic, surrounded by independent boutiques, cafés, restaurants, parks, and a thriving residential community. Its unbeatable location and unmistakable character make it an ideal place to establish or expand your business.
Toronto retail priced at $2,900 — book a tour to see if it fits your search.
Inside 561 Parliament St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
561 Parliament St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5121.8%On average, homes sold at or above asking.
Active listings13,083Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 561 Parliament St
How much is 561 Parliament St listed for?
561 Parliament St is listed at $2,900 (MLS® C13495064). Summitly updates the price as soon as the MLS® record changes.
Has the price of 561 Parliament St changed?
Yes — it was first listed at $2,800 and is now $2,900, an increase of $100 (3.6%).
How many bedrooms and bathrooms does 561 Parliament St have?
The listing for 561 Parliament St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 561 Parliament St compare with other homes in Toronto?
Its asking price of $2,900 is about 100% below the median sold price in Toronto over the last 90 days, $842,000, across 9,257 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 561 Parliament St been sold before?
Yes — Summitly has 1 earlier MLS® listing of 561 Parliament St on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 561 Parliament St?
561 Parliament St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 561 Parliament St been on the market?
131 days — 561 Parliament St was listed on June 25, 2026.
What is the land transfer tax on 561 Parliament St?
About $29 at the asking price of $2,900: $15 Ontario land transfer tax plus $15 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 561 Parliament St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 561 Parliament St?
The listing for 561 Parliament St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 561 Parliament St built?
The listing for 561 Parliament St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
