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$349,000
Ontario,Toronto (Moss Park)
For Sale Active
242 PARLIAMENT STREET, Toronto (Moss Park), Ontario M5A3A4
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Basic Details
Description

PRIME RESTAURANT / RETAIL OPPORTUNITY – DOWNTOWN TORONTO Located on Parliament Street between Dundas Street East and Queen Street East, this property enjoys a strategic position in one of Toronto’s established and rapidly evolving commercial corridors. The area benefits from strong pedestrian and vehicle traffic and is surrounded by residential communities, businesses, and ongoing redevelopment. AREA HIGHLIGHTS Prime Parliament Street

frontage in the heart of Downtown East Toronto. Situated between Dundas Street East and Queen Street East, two of Toronto’s major east-west transportation and commercial corridors. High visibility location with excellent exposure to local residents, commuters, and visitors. Growing neighborhood with increasing demand for food, retail, and service-oriented businesses. BUSINESS & FOOD DESTINATION. The area has a long history of successful grocery and specialty food retailers serving diverse communities. More recently, it has become a destination for popular takeout and dining concepts including Indian cuisine, shawarma, kebab, pizza, and other international food offerings. PREMISES Approx. 5, 000 sq. ft. of main floor space. Flexible layout with the ability to divide the premises into smaller units. Suitable for restaurant, takeout, grocery, specialty food, retail, service, or other permitted commercial uses, subject to zoning and landlord approval. Excellent opportunity for entrepreneurs, franchise operators, restaurateurs, and expanding businesses. Gross Monthly Rent around $9, 854.76. Lease expire Nov-2030 & Additional 5 Years renewal (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C13503400
  • Price: $349,000
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 90198
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Moss Park), M5A3A4
  • Street: Parliament
  • Street Number: 242
  • Street Suffix: Street
  • Longitude: W80° 38' 3.7''
  • Latitude: N43° 39' 27.1''
Additional Information
  • Water Source:
  • Business Type: Restaurant
Financial
  • Tax Annual Amount: 31812.15
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Listing updated: 2026-07-04 02:38:10
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Listing Information
  • List Agent Key: 1471674
  • List Office Key: 90198
  • Modification Timestamp: 2026-07-03T22:05:21Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-03T21:56:13Z
Powered by REALTOR.ca
Listing updated: 2026-07-04 02:38:10
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