242 Parliament Street

ActiveRegent Park / Cabbagetown / St. James Town · Moss Park38 days on marketMLS® C13503400
$349,000
Bedrooms0
Bathrooms0
Interior0 sq ft
TypeCommercial
ListingFor Sale
Days on Market38

About this property

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

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberC13503400
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size0 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodMoss Park
CityRegent Park / Cabbagetown / St. James Town
Postal CodeM5A 3A4
ProvinceON
Listed DateJune 30, 2026
Days on Market38
BrokerageRIGHT AT HOME REALTY

Location

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