$349,000
Available - For Sale
Listing ID: C13503400
242 Parliament Street , Toronto, M5A 3A4, Toronto
| 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. 5,350 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 |
| Price | $349,000 |
| Taxes: | $31812.15 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 242 Parliament Street , Toronto, M5A 3A4, Toronto |
| Postal Code: | M5A 3A4 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Parliament/Dundas St East/QEW |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 12pm to |
| Employees #: | 6 |
| Seats: | 240 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| RIGHT AT HOME REALTY |
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Austin Sold Group Inc
Broker
Dir:
6479397174
Bus:
905-695-7888
Fax:
905-695-0900
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Tax: | $31,812.15 |
| Fireplace: | N |
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