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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# C12498112North St. James Town, Toronto · M4X 1P9
For SaleCommercial Retail

589 Parliament Street E

$675,000
1,281 sqft$527/sq ft171d on market
MLS# C12498112North St. James Town, Toronto · M4X 1P9
For SaleCommercial Retail

589 Parliament Street E

$675,000

$527/sq ft · 171 days on market

Bedrooms
—
Size
1,281 sq ft
Parking
None
Virtual Tour

Listing History — This Unit

Oct 31, 2025(5mo ago)·171 DOM
$675,000
Active
RE/MAX ACE REALTY INC.
C12498112Current

About This Listing

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.

Property Details

MLS NumberC12498112
Property TypeCommercial Retail
StyleRetail
Listing TypeFor Sale
StatusActive
Size1,281 sq ft
Year Built1951
Parking TypeNone
Days on Market171
Listed2025-10-31
CommunityNorth St. James Town
MunicipalityToronto
Cross StreetParliament St/Wellesley St E

Location & nearby

│

589 Parliament Street E

Nearby schools

Closest publicly funded schools within 5 km · tap a row for EQAO breakdown

Elementary

3 schools
  • Winchester Junior and Senior Public School
    Public·Grades JK-8
    Top 50% in Ontario
    249 m76StrongDetails ▾
    EQAO breakdown
    Grade 3R—W—M71%▲ 33.0
    Grade 6R89%▼ 1.0W86%▲ 10.0M57%▲ 19.0
    480 studentsSpEd 10%Gifted 5%
  • Rose Avenue Junior Public School
    Public·Grades JK-6
    421 m46AverageDetails ▾
    EQAO breakdown
    Grade 3R52%▼ 5.0W41%▼ 16.0M37%▼ 7.0
    Grade 6R67%▲ 2.0W67%▲ 4.0M14%
  • Our Lady of Lourdes Catholic School
    Catholic·Grades JK-8
    463 m64StrongDetails ▾
    EQAO breakdown
    Grade 3R69%▲ 16.0W59%▲ 8.0M56%▲ 11.0
    Grade 6R80%▼ 9.0W74%▼ 10.0M43%

Secondary

3 schools
  • St Martin Catholic School (St.Martin)
    Catholic·Grades 9-12
    368 m
  • Msgr Fraser College (Isabella Campus)
    Catholic·Grades 9-12
    674 m
  • Jarvis Collegiate Institute
    Public·Grades 9-12
    679 m57AverageDetails ▾

Source: Ontario Ministry of Education · EQAO scores 0–100 · straight-line distances

Public Catholic French

Transit access

Nearest rapid transit and bus stops

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

Bus stops within 800 m

5 stops
  • Parliament St at Wellesley St East South Side
    36565
    61 m
  • Wellesley St East at Parliament St West Side
    94
    111 m
  • Parliament St at Wellesley St East North Side
    3656594
    116 m
  • Parliament St at Winchester St
    36565
    182 m
  • Parliament St at Winchester St
    36565
    204 m

Source: TTC GTFS · straight-line distances · routes shown are short names

Nearby amenities

177 within a 10-min walk · 1109 within 20 min · click a card to see the closest ones

Daily essentials

🏪
Convenience
21within 800 m
+66more by 1.6 km
8 within a 5-min walk
  • Kalaimakal Convenience44 m
  • Yaris Super Store57 m
  • Parliament Smoke & Gift63 m
💊
Pharmacy
17within 800 m
+40more by 1.6 km
6 within a 5-min walk
  • Main Drug Mart35 m
  • PharmaChoice43 m
  • Rexall176 m
🛒
Grocery
16within 800 m
+48more by 1.6 km
8 within a 5-min walk
  • Absolute Bakery & Cafe14 m
  • Ambal Trading15 m
  • Tasso Baking Company107 m
🏦
Bank / ATM
4within 800 m
+27more by 1.6 km
4 within a 5-min walk
  • Meridian Credit Union315 m
  • TD339 m
  • CIBC392 m
📮
Post
1within 800 m
+4more by 1.6 km
  • Cabbagetown Canada Post414 m
  • Greenwin Canada Post890 m
  • Wood Street Canada Post1.3 km

Food & drink

🍽️
Restaurants
53within 800 m
+408more by 1.6 km
28 within a 5-min walk
  • Shalom16 m
  • Poopathy Mess18 m
  • L'avenue on Parliament21 m
☕
Coffee
8within 800 m
+116more by 1.6 km
3 within a 5-min walk

Recreation

🏛️
Community
15within 800 m
+26more by 1.6 km
4 within a 5-min walk
  • The Filipino Centre Toronto30 m
  • Jamestown Community Church52 m
  • St. James Town Community Corner358 m
🎭
Entertainment
3within 800 m
+19more by 1.6 km
1 within a 5-min walk

Services & shops

🏥
Healthcare
16within 800 m
+79more by 1.6 km
2 within a 5-min walk
  • Cabbagetown Dental70 m
  • St. James Town Family Medical Dental Centre276 m
  • Cabbagetown Chiropratic & Massage Clinic402 m
🛍️
Shops
7within 800 m
+41more by 1.6 km
3 within a 5-min walk

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

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April 2026

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Listing provided by RE/MAX ACE 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 09:44 p.m.

▼ 2.0
680 studentsSpEd 2%Gifted 0%
▼ 9.0
555 studentsSpEd 15%Gifted 0%
EQAO breakdown
Grade 9 Math34%▲ 19.0
OSSLT pass rate80%▼ 3.0
610 studentsSpEd 14%Gifted 0%
  • Tim Hortons45 m
  • Jet Fuel Coffee261 m
  • Playground Cafe295 m
🍺
Bars & pubs
6within 800 m
+35more by 1.6 km
1 within a 5-min walk
  • Alice's Place78 m
  • Zero Cocktail Bar403 m
  • Stout Irish Pub404 m
  • Phoenix Concert Theatre519 m
  • Cabbagetown Community Arts Centre530 m
  • Mimi Hernndorf Studio Theatre976 m
🏋️
Fitness
2within 800 m
+16more by 1.6 km
2 within a 5-min walk
  • Sequins Studio82 m
  • Parliament Street Fitness309 m
  • Spa Excess911 m
📚
Libraries
1within 800 m
+1more by 1.6 km
  • Toronto Public Library - St. James Town428 m
  • The ArQuives1.2 km
🌳
Parks
1within 1.6 km
  • James Canning Gardens1.3 km
  • Powder Bride85 m
  • 509 Dancewear288 m
  • Hilary MacMillan Studio384 m
🧸
Daycare
4within 800 m
+3more by 1.6 km
2 within a 5-min walk
  • Buds and Blossoms268 m
  • Rose Avenue Child Care Centre374 m
  • Wellesley Early Learning Centre441 m
⛽
Gas / EV
3within 800 m
+2more by 1.6 km
  • Petro-Canada737 m
  • Shell1.5 km