240 Parliament Street,Toronto (Moss Park), ON M5A3A4
Toronto (Moss Park), ON M5A3A4
Description
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 (id:13843)
Details
| MLS # | C13503400 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 123 |
| Listing Provided By | ROYAL LEPAGE PINNACLE REAL ESTATE | FARIS AL-HOYIDY |
Features
| Zoning | Commercial |
|---|
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 31812.15 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A3A4 |
| Listing VS Median (in M5A3A4) | |
Price: $249,000 low | high Med: $2,800 On site: 123 low | high Med: 72 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A3A4 |
| Listing VS Median (in M5A3A4) | |
Price: $249,000 low | high Med: $2,800 On site: 123 low | high Med: 72 | |
