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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:58753)
Cross Streets: Parliament/Dundas St East/QEW. ** Directions: QEW, North to Parliament.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 71 YORKVIEW DRIVE | 5 | 6 | Jun 30, 2026 | $3,498,000 |
| 12 KING MAPLE PLACE | 6 | 3 | Jun 16, 2026 | $2,800,000 |
| 27 DELL PARK AVENUE | 3 | 2 | Jun 20, 2026 | $1,495,000 |
| 505 SOUDAN AVENUE | 5 | 5 | Jun 23, 2026 | $3,988,000 |
| 1 GLEN EDYTH PLACE | 5 | 6 | Jun 17, 2026 | $9,990,000 |
| 287 VALERMO DRIVE | 5 | 4 | Jul 06, 2026 | $1,650,000 |
| 295 STRATHMORE BOULEVARD | 4 | 3 | Jun 25, 2026 | $2,235,000 |
| 47 SOUDAN AVENUE | 4 | 3 | Jul 15, 2026 | $2,890,000 |
| 128 NORTHLAND AVENUE | 4 | 2 | Jun 16, 2026 | $768,000 |
| 56 CEDAR BRAE BOULEVARD | 7 | 5 | Jun 26, 2026 | $1,799,000 |
Discover key demographics, population statistics, and environmental insights for the Toronto (moss Park), ON area.
98/100
Walker's Paradise
Walk Score ®
95/100
Rider's Paradise
Transit Score ®
100/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
18 nearby routes: 11 bus, 7 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 78/100, Bike Score: 78/100.
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325 BARTON STREET E, Hamilton (Landsdale), ON L8L2X6
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4671 FERGUSON Street, Niagara Falls, ON L2E2Z3
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Source: Realty.com
242 PARLIAMENT STREET, Toronto (Moss Park), ON M5A3A4 in Toronto (Moss Park), ON M5A3A4 is a other listed at $349,000. Realty.ca has 18 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 18 photos of 242 PARLIAMENT STREET.
The full address for this home is 242 PARLIAMENT STREET, Toronto (Moss Park), ON M5A3A4.
242 PARLIAMENT STREET has been listed on Realty.com since Tue June 30, 2026
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 78/100, Bike Score: 78/100.
Listing provided courtesy of:
RIGHT AT HOME REALTY
Listing agent:
FARIS AL-HOYIDY
This content last refreshed on 2026-07-15 21:58:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.