438 PARLIAMENT ST Toronto, ON$2,199,900

Excellent Investment Opportunity. Beautiful Versatile Commercial Residential Building In Beautiful Cabbagetown Neighborhood, 4 Units, 3 Commercial, 1 Residential Apt. Separate Hydro 2 Hvac Systems, Approx. 3850 Sqft. For All 4 Levels, 2-4 Parking Spots. Approx. $120K Gross, Est Gross Exp, $35K, Estimated Net Income $85K. Tremendous Upside Zoning Allows Up To 2.5 Story's Or More In The Back Portion Of The Property, Buyer To Verify All Zoning & Income. Main & 2nd Level Level Currently Used For Commercial Businesses, Residential Tenants On 3rd Level.**** EXTRAS **** Lower Level Currently Vacant Can Be Used For Potential Recording Studio Or Art Gallery. Desirable Neighborhood, Quick Access To Ttc Streetcars & Buses. Steps To Restaurants, Cafes & Boutique Shops. (id:32937)