240 Parliament Street, Toronto
1 / 18
For Sale
$249,000
0 bd · 0 ba

240 Parliament Street, Toronto M5A 3A4

MLS®# C13503400

Est. mortgage
$945/mo
Property taxes $31,812.15/yr

About This Home

Property Type
Commercial, Sale Of Business
Parking
None
MLS #
C13503400
Listed on
2026-06-27
Lot size
0 x 0.0
Tax
$31,812.15 /yr
Days on Market
138
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 Details

Full Property Details

General

Business Type
Restaurant
Retail Area
5000.00 Sq Ft
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes

Exterior

Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Commercial

Building Description

Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
6/27/2026

Community

Community
Moss Park

Taxes & Fees

Taxes
$31,812.15 /yr
Tax Year
2026
Occupancy
Owner
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
Listed by FARIS AL-HOYIDY, Salesperson
135 days on site
Listing Broker
ROYAL LEPAGE PINNACLE REAL ESTATE
Courtesy
ROYAL LEPAGE PINNACLE REAL ESTATE
Listed Date
6/27/2026

Courtesy of PropTx MLS® / ROYAL LEPAGE PINNACLE REAL ESTATE

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