539 Parliament Street, Toronto, ON M4X 1P7
Cabbagetown-South St. James Town · C08 · M4X 1P7
$11,500,000
$1,297 / sq ft1 months on market
- Total area
- 8,868 sf
- Lot
- 72.17 × 133.64 ft
What's special
- Yes
About this property
Located at high profile corner of Parliament Street and Winchester Street. Fully leased to Rexall Pharmacy until 2032, tenant has been at the property since 2012. Property benefits from in place below market financing which may be assumable by a purchaser. In place zoning permits a four storey building.
Property details
Property
- Property type
- retail
- Interior size
- 8,868 sq ft
- Lot size
- 72.17 × 133.64 ft
- Zoning
- Commercial Retail
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Costs
- List price
- $11,500,000
- Property taxes
- $115,025 / year (2025)
- Price per sq ft
- $1,297
Listing
- MLS® number
- C13815274
- Status
- For sale
- Listed
- September 22, 2026
- Days on market
- 44
- Last updated
- September 22, 2026
- Listing brokerage
- TD CORNERSTONE COMMERCIAL REALTY INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 99% of comparable retail listings in Toronto are asking less.
- This home
- $1,297 / sq ft
- Comparable median
- $665 / sq ft
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $50,868.38
- Property tax (est.)
- $9,585.42
- Estimated monthly
- $60,454
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $273,975
- Toronto municipal
- $513,975
- Total due on closing
- $787,950
An estimate on the asking price of $11,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of TD CORNERSTONE COMMERCIAL REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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