$349,000
242 Parliament Street, Toronto, ON M5A 3A4
Toronto C08
- Type
- Sale Of Business
About this listing
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. 5,350 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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Walkability, transit, and bike-friendliness for 242 Parliament Street, Toronto, ON M5A 3A4
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MLS# C13503400
Listed by RIGHT AT HOME REALTY
On market since Jun 30, 2026
About 242 Parliament Street, Toronto, ON M5A 3A4
How much is 242 Parliament Street, Toronto, ON M5A 3A4?
242 Parliament Street, Toronto, ON M5A 3A4 is listed for $349,000 CAD.
What type of property is 242 Parliament Street, Toronto, ON M5A 3A4?
242 Parliament Street, Toronto, ON M5A 3A4 is a Sale Of Business.
What neighbourhood is 242 Parliament Street, Toronto, ON M5A 3A4 in?
242 Parliament Street, Toronto, ON M5A 3A4 is in Toronto C08, Ontario.
Is 242 Parliament Street, Toronto, ON M5A 3A4 for sale or for rent?
242 Parliament Street, Toronto, ON M5A 3A4 is currently for sale.
How do I book a showing for 242 Parliament Street, Toronto, ON M5A 3A4?
Contact Michael Mezheritsky to arrange a private showing of 242 Parliament Street, Toronto, ON M5A 3A4 (MLS# C13503400). You can also send a message through the contact form on this site.