For Sale - 242 Parliament Street, Toronto, Ontario

242 Parliament Street

Toronto , Ontario

$349,000

Est payment $1,676/mo

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Time on Jump 4 day

AI Summary *

Prime location on Parliament Street with high foot and vehicle traffic.
Surrounded by residential areas, businesses, and ongoing redevelopment.
Flexible 5,000 sq. ft. space suitable for various commercial uses.
Established area known for diverse food and retail offerings.
Growing neighborhood with increasing demand for dining and takeout options.

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Purchase Price

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Down Payment:
$ 17,450 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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, 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

Listing IDC13503400

Address242 Parliament Street

CityToronto, Ontario

Price$349,000

StyleSale Of Business

TypeBusiness

StatusFor Sale

Extras

Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
RIGHT AT HOME REALTY

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Listing Agency:
RIGHT AT HOME REALTY

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For Sale - 242 Parliament Street, Toronto, Ontario

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