240 Parliament Street, Toronto, Ontario, Canada, M5A3A4

299,000
for Sale

About the property:

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

Extra info:

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,
Sale Of Business false
Property Type:
Sale Of Business
Status:
for Sale
Business Type:
Restaurant
Heating Type:
Gas Forced Air Closed
Cross Street:
Parliament/Dundas St East/QEW
Annual Property Taxes:
31,812.15
Listing ID:
C13503400

Rooms

Dimensions

Brokered by:
Right At Home Realty
Source: TRREB/PROPTX
Presented By:

Faris Al-Hoyidy

Sales Representative

Right at Home Realty, Brokerage*