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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# C12957582Cabbagetown-South St. James Town, Toronto · M4X 1P6
For SaleCommercial Retail

556 Parliament Street

$1,650,000
2,290 sqft$721/sq ft16d on market
MLS# C12957582Cabbagetown-South St. James Town, Toronto · M4X 1P6
For SaleCommercial Retail

556 Parliament Street

$1,650,000

$721/sq ft · 16 days on market

Bedrooms
—
Size
2,290 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Apr 04, 2026(17d ago)·16 DOM
$1,650,000
Active
HOMELIFE FRONTIER REALTY INC.
C12957582Current

About This Listing

Heart Of Cabbagetown Investment Opportunity In Prime Location At The Corner Of Parliament & Prospect St. A Very Successful Tacos (1F), Two Apartments (2F). Approx. $86,400/year Income without TMI For The Investment. Must See!

Property Details

MLS NumberC12957582
Property TypeCommercial Retail
StyleRetail
Listing TypeFor Sale
StatusActive
Size2,290 sq ft
Parking TypeNone
Property Tax$13,397/yr
Days on Market16
Listed2026-04-04
CommunityCabbagetown-South St. James Town
MunicipalityToronto
Cross StreetParliament and Wellesley

Location & nearby

│
100
Walk
100
Transit

556 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

178 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

Our Lady of Lourdes Catholic School

416 m
CatholicGrades JK-8
EQAO scoreStrong
64 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R69%▲ 16.0W59%▲ 8.0M56%▲ 11.0
Grade 6R80%▼ 9.0

Rose Avenue Junior Public School

455 m
PublicGrades JK-6
EQAO scoreAverage
46 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R52%▼ 5.0W41%▼ 16.0M37%▼ 7.0
Grade 6R67%▲ 2.0

Secondary

3 schools

St Martin Catholic School (St.Martin)

403 m
CatholicGrades 9-12
EQAO data not available

Jarvis Collegiate Institute

632 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
737 m · every 2 min at peak
2
S
Nearest streetcar
Carlton St at Parliament St
322 m · every 10 min at peak
306506

Bus stops within 800 m

5 stops

Nearby amenities

186 within a 10-min walk · 1207 within 20 min · click a card to see the closest ones

Daily essentials

🏪
Convenience
22within 800 m
+68more by 1.6 km
9 within a 5-min walk
  • Kalaimakal Convenience51 m
  • Yaris Super Store121 m
  • Jamestown Milk125 m

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April 2026

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Listing provided by HOMELIFE FRONTIER 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 19, 2026 at 03:42 p.m.

W74%▼ 10.0
M43%▼ 9.0

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

555 students15% Special Ed0% Gifted
W67%▲ 4.0
M14%▼ 2.0

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

680 students2% Special Ed0% Gifted
34%▲ 19.0
OSSLT literacy pass rate80%▼ 3.0

Arrows show 3-year change

610 students14% Special Ed0% Gifted

Msgr Fraser College (Isabella Campus)

675 m
CatholicGrades 9-12
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

Arrows show 3-year change

345 students30% Special Ed0% Gifted
Parliament St at Wellesley St East South Side
36565
112 m
  • Parliament St at Winchester St
    36565
    119 m
  • Parliament St at Winchester St
    36565
    145 m
  • Wellesley St East at Parliament St West Side
    94
    147 m
  • Parliament St at Wellesley St East North Side
    3656594
    177 m
  • Source: TTC GTFS · straight-line distances · routes shown are short names

    💊
    Pharmacy
    18within 800 m
    +41more by 1.6 km
    8 within a 5-min walk
    • PharmaChoice68 m
    • Main Drug Mart102 m
    • Rexall121 m
    🛒
    Grocery
    16within 800 m
    +53more by 1.6 km
    8 within a 5-min walk
    • Tasso Baking Company39 m
    • Absolute Bakery & Cafe67 m
    • Ambal Trading73 m
    🏦
    Bank / ATM
    4within 800 m
    +30more by 1.6 km
    4 within a 5-min walk
    • Meridian Credit Union252 m
    • TD281 m
    • CIBC330 m
    📮
    Post
    1within 800 m
    +5more by 1.6 km
    1 within a 5-min walk
    • Cabbagetown Canada Post357 m
    • Greenwin Canada Post905 m
    • Wood Street Canada Post1.2 km

    Food & drink

    🍽️
    Restaurants
    54within 800 m
    +452more by 1.6 km
    31 within a 5-min walk
    • Luis Hernandez Restaurant8 m
    • Butter Chicken Factory31 m
    • L'avenue on Parliament56 m
    ☕
    Coffee
    10within 800 m
    +125more by 1.6 km
    3 within a 5-min walk
    • Tim Hortons45 m
    • Jet Fuel Coffee204 m
    • Playground Cafe232 m
    🍺
    Bars & pubs
    6within 800 m
    +40more by 1.6 km
    3 within a 5-min walk
    • Alice's Place10 m
    • Zero Cocktail Bar333 m
    • Stout Irish Pub334 m

    Recreation

    🏛️
    Community
    18within 800 m
    +24more by 1.6 km
    4 within a 5-min walk
    • The Filipino Centre Toronto98 m
    • Jamestown Community Church116 m
    • St. James Town Community Corner338 m
    🎭
    Entertainment
    3within 800 m
    +22more by 1.6 km
    1 within a 5-min walk
    • Phoenix Concert Theatre452 m
    • Cabbagetown Community Arts Centre468 m
    • Mimi Hernndorf Studio Theatre914 m
    🏋️
    Fitness
    2within 800 m
    +16more by 1.6 km
    2 within a 5-min walk
    • Sequins Studio14 m
    • Parliament Street Fitness246 m
    • Spa Excess842 m
    📚
    Libraries
    1within 800 m
    +1more by 1.6 km
    • Toronto Public Library - St. James Town401 m
    • The ArQuives1.2 km
    🌳
    Parks
    1within 1.6 km
    • James Canning Gardens1.2 km

    Services & shops

    🏥
    Healthcare
    15within 800 m
    +88more by 1.6 km
    4 within a 5-min walk
    • Cabbagetown Dental117 m
    • St. James Town Family Medical Dental Centre281 m
    • Cabbagetown Chiropratic & Massage Clinic327 m
    🛍️
    Shops
    7within 800 m
    +51more by 1.6 km
    3 within a 5-min walk
    • Powder Bride17 m
    • 509 Dancewear231 m
    • Hilary MacMillan Studio312 m
    🧸
    Daycare
    6within 800 m
    +2more by 1.6 km
    1 within a 5-min walk
    • Buds and Blossoms212 m
    • Rose Avenue Child Care Centre402 m
    • Wellesley Early Learning Centre416 m
    ⛽
    Gas / EV
    3within 800 m
    +2more by 1.6 km
    • Petro-Canada700 m
    • Shell1.4 km

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