$4,300/mo
For rent: Other

Welcome to 493 Parliament Street, Unit B - a flagship office space available for lease in the heart of Cabbagetown. Located at the corner of Parliament and Carlton, this private and professional unit offers a turn-key environment for a business looking to plant roots in one of Toronto's most vibrant downtown neighbourhoods. The space features five well-appointed offices - including one large executive-style office - a modern kitchen, a dedicated board room, and high-end finishes with brand new flooring throughout. Large windows flood the space with natural light, complemented by high ceilings, fresh air vent windows, and separately metered utility services for full operational control. The building offers a spacious entrance lobby off Carlton Street, secure elevator access, washrooms on the same level, and mail delivery boxes in the main lobby. Available furnished or unfurnished, with the previous tenant willing to sell select existing furniture and fixtures for a true plug-and-play setup. Steps to TTC transit, shopping, restaurants, and a thriving local client base, this is a rare opportunity to establish your business in the heart of Cabbagetown. Reach out to Luke for pricing, additional details, and to book a private walk-through. Office will be emptied prior to possession.
Sold data
Other homes in Toronto (Cabbagetown-South St. James Town) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.
The median sale price was $67,500.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Cabbagetown-South St. James Town) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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