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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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589 Parliament Street E Toronto C08
For SaleCabbagetown-South St.James Town

589 Parliament Street E Toronto C08, Commercial Retail for Sale

MLS® C12498112

Cabbagetown-South St.James Town, Toronto, ON

372 days on market
$675,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,281Sqft
N/AParking
Commercial Retail

Overview· 589 Parliament Street E Toronto

MLS® #C12498112

This well-established Bakery & Cafe Take-Out business is located at the bustling intersection of Wellesley Street and Parliament Street in Toronto, a high-traffic area surrounded by residential communities, retail shops, offices, and public transit access. The business is currently in full operation and performing exceptionally well, with a strong and loyal customer base built over time. Specializing in freshly baked goods, Variety of Corazon's, pastries, pies, and cafe beverages, the shop has become a go-to destination for locals, professionals on the go, and passersby looking for quality and convenience. With a focus on take-out service, the business operates efficiently while maintaining high standards of taste, freshness, and customer satisfaction. The location offers excellent visibility and foot traffic, making it an ideal choice for continued growth and expansion of the brand. Established reputation, proven operations, and strong sales performance make this bakery and cafe a turn-key opportunity in one of Toronto's vibrant neighborhoods. Please note that it is the business only for sale.

Inclusions

All Equipment are included, as such dough machines, Ovens, Walk In fridge, Walk in Freezer, display fridges, cash register, Baking Trays, and other kitchen items as used in daily operations.

Broker

RE/MAX ACE REALTY INC.

Neighbourhood

Cabbagetown-South St.James Town

Walk 92Avg $1.14MArea guide

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Schools9123 schools within 1.5 km · nearest 231 m23 schools within 1.5 km · nearest 231 m
Parks11 park within 1 km · nearest 976 m1 park within 1 km · nearest 976 m
Convenience8525 groceries, cafes and pharmacies within 1 km · nearest 11 m25 groceries, cafes and pharmacies within 1 km · nearest 11 m
Safety16Safer than 16% of Toronto neighbourhoods (2025)Cabbagetown-South St.James Town: 2,050 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 589 Parliament Street E Toronto

Source: MLS® listing data
589 Parliament Street E Toronto

Commercial Retail

589 Parliament Street E Toronto

Cabbagetown-South St.James Town

Built

51-99

Type

Commercial Retail

Parking

None

Property Tax

~$0/yr

Heating

Baseboard

Buying Essentials

Square Feet

1281 sqft

Parking

None

Finances

List Price

$675,000

Price per SQFT

$527/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Commercial Retail

MLS Size

1281 sqft

Age of Building

51-99

Living & Amenities

Heating Type

Baseboard

Policies & Utilities

Neighbourhood

Cabbagetown-South St.James Town

Listed On

Oct 31, 2025

Price & Listing History

Days on Market

Current: 372 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Payment$2,715/mo
Total Monthly$2,715

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Cash required incl. down payment$0