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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

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 Mark Savel. 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 ft174d on market
MLS# C12498112North St. James Town, Toronto · M4X 1P9
For SaleCommercial Retail

589 Parliament Street E

$675,000

$527/sq ft · 174 days on market

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

Listing History — This Unit

Oct 31, 2025(5mo ago)·174 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 Market174
Listed2025-10-31
CommunityNorth St. James Town
MunicipalityToronto
Cross StreetParliament St/Wellesley St E

Location & nearby

│
100
Walk
100
Transit

589 Parliament Street E

Nearby schools

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

Elementary

3 schools

Winchester Junior and Senior Public School

249 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

Rose Avenue Junior Public School

421 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

Our Lady of Lourdes Catholic School

463 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

Secondary

3 schools

St Martin Catholic School (St.Martin)

368 m
CatholicGrades 9-12
EQAO data not available

Msgr Fraser College (Isabella Campus)

674 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

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
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

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

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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 22, 2026 at 03:42 a.m.

W67%▲ 4.0
M14%▼ 2.0

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

680 students2% Special Ed0% Gifted
W74%▼ 10.0
M43%▼ 9.0

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

555 students15% Special Ed0% Gifted

Jarvis Collegiate Institute

679 m
PublicGrades 9-12
EQAO scoreAverage
57 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math34%▲ 19.0
OSSLT literacy pass rate80%▼ 3.0

Arrows show 3-year change

610 students14% Special Ed0% Gifted
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

    💊
    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
    • 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

    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
    • 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

    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
    • 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

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