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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Connect Asset Management. All rights reserved.

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MLS# C12863038Cabbagetown-South St. James Town, Toronto · M4X 1P2
For LeaseCommercial Retail

492 Parliament Street, Unit Main Floor

$45/mo
1,581 sqft$0.03/sq ft43d on market
MLS# C12863038Cabbagetown-South St. James Town, Toronto · M4X 1P2
For LeaseCommercial Retail

492 Parliament Street, Unit Main Floor

$45/mo

43 days on market

Bedrooms
—
Size
1,581 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Mar 09, 2026(1mo ago)·43 DOM
$45
Active
VALUE INSIGHT REALTY INC.
C12863038Current

About This Listing

Prime retail opportunity located at the prominent corner of Parliament St & Aberdeen Ave in the heart of Toronto's vibrant Cabbagetown neighbourhood. This 1,581 SF street-front unit offers excellent visibility, strong pedestrian traffic, and expansive storefront exposure along Parliament Street. This unit includes a 300 SF Seasonal City Permitted Patio (on Aberdeen Ave). Surrounded by a dense residential population and a dynamic mix of restaurants, cafés, boutique retailers, and daily-needs services, the location benefits from consistent local foot traffic and a strong neighbourhood customer base. Surrounded by a dense residential population and a dynamic mix of restaurants, cafés, boutique retailers, and daily-needs services, the location benefits from consistent local foot traffic and a strong neighbourhood customer base. Ideal for a variety of retail, service, or food uses looking to establish a presence in one of Toronto's most established urban communities.

Property Details

MLS NumberC12863038
Property TypeCommercial Retail
StyleRetail
Listing TypeFor Lease
StatusActive
Size1,581 sq ft
Year Built2015
Parking TypeNone
Property Tax$10/yr
Days on Market43
Listed2026-03-09
CommunityCabbagetown-South St. James Town
MunicipalityToronto
Cross StreetParliament and Carlton

Location & nearby

│
100
Walk
100
Transit

492 Parliament Street

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Winchester Junior and Senior Public School

226 m
PublicGrades JK-8
EQAO scoreStrong
76 / 100

Top 50% of Ontario elementary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R—W—M71%▲ 33.0
Grade 6R89%▼ 1.0W86%▲ 10.0M57%▲ 19.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

480 students10% Special Ed5% Gifted

Sprucecourt Junior Public School

385 m
PublicGrades JK-8
EQAO scoreAverage
59 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R73%▲ 8.0W54%▼ 5.0M50%▼ 1.0
Grade 6R85%▲ 7.0

Lord Dufferin Junior and Senior Public School

467 m
PublicGrades JK-8
EQAO scoreAverage
55 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R50%▲ 2.0W44%▲ 11.0M47%▲ 14.0
Grade 6R80%▲ 27.0

Secondary

3 schools

St Martin Catholic School (St.Martin)

439 m
CatholicGrades 9-12
EQAO data not available

Jarvis Collegiate Institute

689 m
PublicGrades 9-12
EQAO scoreAverage
57 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

Transit access

Nearest rapid transit and bus stops

M
Nearest subway
Castle Frank Station - Westbound Platform
964 m · every 2 min at peak
2
S
Nearest streetcar
Carlton St at Parliament St
91 m · every 10 min at peak
306506

Bus stops within 800 m

5 stops

Nearby amenities

209 within a 10-min walk · 1343 within 20 min · click a card to see the closest ones

Daily essentials

🏪
Convenience
26within 800 m
+69more by 1.6 km
11 within a 5-min walk
  • Corner Convenience83 m
  • Massawa Convenience Store & Butcher166 m
  • Sarker Grocery279 m

Request a Showing

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April 2026

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Listing provided by VALUE INSIGHT REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 20, 2026 at 03:44 a.m.

W65%▼ 26.0
M25%▼ 5.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

320 students20% Special Ed0% Gifted
W77%▲ 27.0
M30%▲ 13.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

420 students15% Special Ed0% Gifted
34%▲ 19.0
OSSLT literacy pass rate80%▼ 3.0

Arrows show 3-year change

610 students14% Special Ed0% Gifted

Collège français secondaire

754 m
FrenchGrades 9-12·Français
EQAO scoreExcellent
93 / 100

Top 25% of Ontario secondary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math86%▲ 26.0
OSSLT literacy pass rate100%

Arrows show 3-year change

155 students15% Special Ed0% Gifted
Parliament St at Carlton St
36565
72 m
  • Parliament St at Winchester St
    36565
    94 m
  • Parliament St at Winchester St
    36565
    114 m
  • Parliament St at Carlton St
    36565
    153 m
  • Parliament St at Wellesley St East South Side
    36565
    343 m
  • Source: TTC GTFS · straight-line distances · routes shown are short names

    🛒
    Grocery
    17within 800 m
    +53more by 1.6 km
    11 within a 5-min walk
    • Cabbagetown Organics47 m
    • Star Fruit Market56 m
    • St James Butcher Shop88 m
    💊
    Pharmacy
    17within 800 m
    +40more by 1.6 km
    8 within a 5-min walk
    • Cabbagetown Pharmacy97 m
    • Rexall122 m
    • Shoppers Drug Mart129 m
    🏦
    Bank / ATM
    5within 800 m
    +35more by 1.6 km
    4 within a 5-min walk
    • Meridian Credit Union23 m
    • TD62 m
    • CIBC99 m
    📮
    Post
    1within 800 m
    +6more by 1.6 km
    1 within a 5-min walk
    • Cabbagetown Canada Post132 m
    • Greenwin Canada Post1.1 km
    • Wood Street Canada Post1.2 km

    Food & drink

    🍽️
    Restaurants
    60within 800 m
    +499more by 1.6 km
    43 within a 5-min walk
    • Souvlaki Express27 m
    • Phosome34 m
    • Rayah37 m
    ☕
    Coffee
    12within 800 m
    +132more by 1.6 km
    6 within a 5-min walk
    • Playground Cafe6 m
    • Jet Fuel Coffee47 m
    • La Gloria173 m
    🍺
    Bars & pubs
    6within 800 m
    +44more by 1.6 km
    6 within a 5-min walk
    • Zero Cocktail Bar113 m
    • Stout Irish Pub116 m
    • Alice's Place225 m

    Recreation

    🏛️
    Community
    23within 800 m
    +21more by 1.6 km
    3 within a 5-min walk
    • Diabetes Education Centre314 m
    • The Filipino Centre Toronto323 m
    • Jamestown Community Church344 m
    🎭
    Entertainment
    5within 800 m
    +21more by 1.6 km
    2 within a 5-min walk
    • Cabbagetown Community Arts Centre237 m
    • Phoenix Concert Theatre437 m
    • Mimi Hernndorf Studio Theatre684 m
    🏋️
    Fitness
    3within 800 m
    +21more by 1.6 km
    2 within a 5-min walk
    • Parliament Street Fitness18 m
    • Sequins Studio220 m
    • Spa Excess779 m
    📚
    Libraries
    1within 800 m
    +1more by 1.6 km
    • Toronto Public Library - St. James Town537 m
    • The ArQuives1.3 km
    🌳
    Parks
    3within 1.6 km
    • James Canning Gardens1.3 km

    Services & shops

    🏥
    Healthcare
    16within 800 m
    +93more by 1.6 km
    8 within a 5-min walk
    • Cabbagetown Chiropratic & Massage Clinic149 m
    • Cabbagetown Women's Clinic347 m
    • Cabbagetown Dental348 m
    🛍️
    Shops
    9within 800 m
    +90more by 1.6 km
    6 within a 5-min walk
    • 509 Dancewear39 m
    • Hilary MacMillan Studio113 m
    • Powder Bride217 m
    🧸
    Daycare
    5within 800 m
    +4more by 1.6 km
    1 within a 5-min walk
    • Buds and Blossoms49 m
    • Cole Street Early Learning & Child Care Centre544 m
    • Wellesley Early Learning Centre554 m
    ⛽
    Gas / EV
    3within 800 m
    +2more by 1.6 km
    2 within a 5-min walk
    • Petro-Canada783 m
    • Shell1.2 km

    © OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance