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
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$349,000
Status: For Sale
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
| Property Type | :Commercial |
|---|---|
| MLS Number | :C13503400 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :08 Jul, 2026 (29 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5A 3A4
|
| Price | : $349,000 |
|---|---|
| Property Taxes | :$31812.15 |
| Tax Year | :2026 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Parliament/Dundas St East/QEW |
| Fireplace/Stove | :No |
|---|
29 Jun, 2026
TREB #C13503400
Listed
$349000.0