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$249,000

Map

240 Parliament Street

Moss Park, Toronto, Ontario M5A3A4

For sale· Added

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

Location

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Property details

Listing

MLS® number
C13503400
Added
Jun 30, 2026 ()
Updated
Oct 11, 2026 ()
Info refreshed

Overview

Property type
Business

Inside

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Zoning
Commercial

Services

Water
Municipal water

Location

Cross streets
Parliament/Dundas St East/QEW
Directions
QEW, North to Parliament.

Running costs

Annual property tax
$31,812

Price history

Oct 11, 2026$249,000▼ $50,000
Oct 5, 2026$299,000First recorded price

Price changes since Oct 5, 2026.

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$249,000
240 Parliament Street
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