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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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240 Parliament Street Toronto C08
For SalePrice DropMoss Park

240 Parliament Street Toronto C08, Sale Of Business for Sale

MLS® C13503400

Moss Park, Toronto, ON

132 days on market
$249,000
Previously $299,000
Show on Map
Show on Map
N/ABeds
N/ABaths
5,000Sqft
N/AParking
Sale Of Business

Overview· 240 Parliament Street Toronto

MLS® #C13503400

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

Inclusions

5 ft Charcoal Hood & 13 Ft Gas Hood, All Equipment as per Chattels List. Restaurant comes with a Juice Bar, Can be used as a Banquet Hall, Food Court, Handycap Access,

Exclusions

>>>Seller willing to do in house Finance up to 70% of the selling price.

Broker

ROYAL LEPAGE PINNACLE REAL ESTATE

Neighbourhood

Moss Park

Walk 98Avg $766KArea guide

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®96Rider's ParadiseRider's Paradise
Bike Score®99Biker's ParadiseBiker's Paradise
Schools9228 schools within 1.5 km · nearest 217 m28 schools within 1.5 km · nearest 217 m
Parks10015 parks within 1 km · nearest 163 m15 parks within 1 km · nearest 163 m
Convenience8840 groceries, cafes and pharmacies within 1 km · nearest 236 m40 groceries, cafes and pharmacies within 1 km · nearest 236 m
Safety4Safer than 4% of Toronto neighbourhoods (2025)Moss Park: 3,372 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 240 Parliament Street Toronto

Source: MLS® listing data
240 Parliament Street Toronto

Sale Of Business

240 Parliament Street Toronto

Moss Park

Type

Sale Of Business

Parking

None

Property Tax

~$31,812/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

5000 sqft

Parking

None

Finances

List Price

$249,000

Price per SQFT

$49.8/sqft

Property Tax

~$31,812/yr

Property Specs

Property Type

Sale Of Business

MLS Size

5000 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Moss Park

Listed On

Jun 27, 2026

Price & Listing History

Days on Market

Current: 132 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 240 Parliament Street Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,002/mo
Property Tax$2,651/mo
Total Monthly$3,653

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0