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Last Updated : 29 Days ago
242 Parliament Street, Toronto, ON, Moss Park
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242 Parliament Street, Toronto MLS Number: C13503400

Moss Park, Toronto, ON, M5A 3A4

$349,000

Status: For Sale

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $31812.15 (Tax Year:2026)
  • Listing Courtesy : Right At Home Realty

242 Parliament Street Property 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

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242 Parliament Street Property Facts

Property Type :Commercial
MLS Number :C13503400
Listing Type :Sale
Possession Date :
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Last Updated :08 Jul, 2026 (29 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5A 3A4
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242 Parliament Street Property Price & Tax Insights

Price : $349,000
Property Taxes :$31812.15
Tax Year :2026

242 Parliament Street, Toronto Property Details

Air Conditioning :Yes
Heating :Gas Forced Air Closed
Cross Street :Parliament/Dundas St East/QEW
Fireplace/Stove :No

242 Parliament Street, Toronto - Price History

2026-06

29 Jun, 2026

TREB #C13503400

Listed

$349000.0

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242 Parliament Street - Location Map and Landmarks

  • Dundas Subway, Toronto 1.2 km
  • Queen Subway, Toronto 1.24 km
  • King Subway, Toronto 1.36 km
  • College Subway, Toronto 1.47 km
  • Wellesley Subway, Toronto 1.71 km
  • Union Go Station, Toronto 1.77 km
  • St Patrick Subway, Toronto 1.83 km
  • Castle Frank Subway, Toronto 1.83 km
  • Sherbourne Subway, Toronto 1.83 km
  • Union Train Station, Toronto 1.87 km
  • Afzal Islamic Montessori & Academy - Downtown Campus, Toronto 0.05 km
  • Lord Dufferin Junior & Senior Public School, Toronto 0.38 km
  • St Paul Catholic Elementary School, Toronto 0.39 km
  • Nelson Mandela Park Public School, Toronto 0.41 km
  • Gabrielle Roy Elementary School, Toronto 0.54 km
  • Inglenook Community School, Toronto 0.64 km
  • Sprucecourt Junior Public School, Toronto 0.79 km
  • George Brown College - St James Campus, Toronto 0.8 km
  • Market Lane Junior & Senior Public School, Toronto 0.86 km
  • Voice Intermediate Private School, Toronto 0.95 km
  • Beacon Health, Toronto 0.67 km
  • St. Michael's, Toronto 1.08 km
  • Sinai Health System - Bridgepoint Active Healthcare, Toronto 1.27 km
  • Steadson Hospital, Toronto 1.33 km
  • Sunnybrook & Women'S Coll Orth&Arth Site, Toronto 1.59 km
  • Hospital for Sick Children, Toronto 1.68 km
  • The Hospital For Sick Children, Toronto 1.68 km
  • St Regis Hospital, Toronto 1.68 km
  • Emergency General Hospital, Toronto 1.7 km
  • The Women'S Auxiliary Play Park, Toronto 1.74 km
  • Kabul Farms Supermarket, Toronto 0.04 km
  • Ware'S Grocery Store, Toronto 0.22 km
  • Fresh Co., Toronto 0.24 km
  • Marhaba Supermarket, Toronto 0.25 km
  • Surma Supermarket, Toronto 0.27 km
  • 585 Dundas St E, Toronto 0.39 km
  • Sarker Groceries, Toronto 0.58 km
  • No Frills, Toronto 0.68 km
  • Rocco'S Nofrills Toronto, Toronto 0.68 km
  • 184 Front Street East, Toronto 0.75 km
  • Shuter Street and Parliament Street, Toronto 0.08 km
  • Parliament Street and Dundas Street East, Toronto 0.21 km
  • Parliament Street and Queen Street East, Toronto 0.23 km
  • Richmond Street East and Parliament Street, Toronto 0.36 km
  • Shuter Street and Sherbourne Street, Toronto 0.39 km
  • Sherbourne Street and Dundas Street East, Toronto 0.44 km
  • Sherbourne Street and Queen Street East, Toronto 0.46 km
  • Adelaide Street East and Parliament Street, Toronto 0.47 km
  • Parliament Street and Gerrard Street East, Toronto 0.5 km
  • Sherbourne Street and Richmond Street East, Toronto 0.54 km
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FAQs: 242 Parliament Street, Toronto

  • Q: Does this Project 242 Parliament Street available for Sale ?

    A: The project 242 Parliament Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 242 Parliament Street is Offering?

    A:Square Yards is giving a Cashback of $1,745 if you buy this property from us, however there are several key features offered by the 242 Parliament Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 242 Parliament Street, Toronto?

    A: 242 Parliament Street, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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