240 Parliament Street, Toronto, ON M5A 3A4
Toronto, ON M5A 3A4
Quick cost estimateKnown monthly subtotal$3,809.57 / monthLand transfer tax $4,430One-time estimate
Quick cost estimate
$3,809.57 / monthKnown monthly subtotal
- Mortgage principal & interest
- $1,158.56
- Property tax / month
- $2,651.01
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $4,430
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal tax is included because the listing is located in the City of Toronto.
- Ontario tax
- $2,215
- Toronto municipal tax
- $2,215
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
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
Home details
- Days on market
- Not reported
- Property type
- Sale Of Business
- MLS® number
- C13503400
- Source status
- Price Change
- Postal code
- M5A 3A4
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Owner
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 31812.15
- Heating system
- Gas Forced Air Closed
- Cooling
- Yes
- MLS entry age (not confirmed DOM)
- 131 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Heating system
- Gas Forced Air Closed
- Cooling
- Yes
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $249,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Toronto
- Municipality
- TORONTO
- MLS® community
- Moss Park
- MLS® district
- Toronto C08
Plan a trip from this home
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
Lord Dufferin Junior and Senior Public School ↗
Elementary · JK-8 · English · Public
350 Parliament St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 50%
- Grade 3 Writing (at provincial standard)
- 44%
- Grade 3 Mathematics (at provincial standard)
- 47%
- Grade 6 Reading (at provincial standard)
- 80%
- Grade 6 Writing (at provincial standard)
- 77%
- Grade 6 Mathematics (at provincial standard)
- 30%
St Paul Catholic School ↗
Elementary · JK-8 · English · Catholic
80 Sackville St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 50%
- Grade 3 Writing (at provincial standard)
- 50%
- Grade 3 Mathematics (at provincial standard)
- 58%
- Grade 6 Reading (at provincial standard)
- 87%
- Grade 6 Writing (at provincial standard)
- 80%
- Grade 6 Mathematics (at provincial standard)
- 50%
Nelson Mandela Park Public School ↗
Elementary · JK-8 · English · Public
440 Shuter St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 50%
- Grade 3 Writing (at provincial standard)
- 38%
- Grade 3 Mathematics (at provincial standard)
- 26%
- Grade 6 Reading (at provincial standard)
- 76%
- Grade 6 Writing (at provincial standard)
- 76%
- Grade 6 Mathematics (at provincial standard)
- 17%
École élémentaire Gabrielle-Roy ↗
Elementary · JK-6 · French · Public
14 Pembroke rue, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Inglenook Community School ↗
Secondary · 9-12 · English · Public
19 Sackville St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 10 OSSLT (first-attempt pass)
- 50%
Sprucecourt Junior Public School ↗
Elementary · JK-8 · English · Public
70 Spruce St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 73%
- Grade 3 Writing (at provincial standard)
- 54%
- Grade 3 Mathematics (at provincial standard)
- 50%
- Grade 6 Reading (at provincial standard)
- 85%
- Grade 6 Writing (at provincial standard)
- 65%
- Grade 6 Mathematics (at provincial standard)
- 25%
Market Lane Junior and Senior Public School ↗
Elementary · JK-8 · English · Public
246 The Esplanade, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 83%
- Grade 3 Writing (at provincial standard)
- 64%
- Grade 3 Mathematics (at provincial standard)
- 59%
- Grade 6 Reading (at provincial standard)
- 94%
- Grade 6 Writing (at provincial standard)
- 91%
- Grade 6 Mathematics (at provincial standard)
- 50%
St Michael's Choir (Jr) School ↗
Elementary · 1-8 · English · Catholic
66 Bond St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 100%
- Grade 3 Writing (at provincial standard)
- 92%
- Grade 3 Mathematics (at provincial standard)
- 100%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 96%
- Grade 6 Mathematics (at provincial standard)
- 100%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- QueenTTC · Subway1.2 km
- TMUTTC · Subway1.2 km
- KingTTC · Subway1.4 km
- CollegeTTC · Subway1.4 km
- WellesleyTTC · Subway · Bus1.7 km
Bus & streetcar · within 2 km
- Parliament St at Shuter StTTC · Bus71 m
- Parliament St at Shuter StTTC · Bus100 m
- Parliament St at Queen St EastTTC · Bus209 m
- Dundas St East at Parliament StTTC · Streetcar211 m
- Parliament St at Dundas St EastTTC · Bus215 m
- Queen St East at Parliament StTTC · Streetcar228 m
- Dundas St East at Parliament StTTC · Streetcar233 m
- Queen St East at Parliament StTTC · Streetcar235 m
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- TTC source · feed 2026-11-01 to 2026-12-19 · checked 2026-11-02 14:57:57 UTC · Licence · Agency website
Filter the records displayed below.
Nearby amenities
Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.
Groceries
- 46 m
- 255 m
- 679 m
Pharmacies
- 55 m
- 240 m
- 357 m
Parks
- Ontario Street ParketteMapped area centre152 m
- 40 Power Street ParkMapped area centre416 m
- Oak Street ParketteMapped area centre426 m
Fitness centres
- 616 m
- 624 m
- 688 m
Libraries
- Toronto Public Library - Parliament StreetMapped area centre520 m
- 856 m
- Library BuildingMapped area centre1.2 km
Community centres
- Toronto Council Fire Native Cultural CentreMapped area centre199 m
- 212 m
- Regent Park Community CentreMapped area centre351 m
Cafés
- 275 m
- 278 m
- 291 m
Restaurants
- 35 m
- 37 m
- 54 m
Clinics
- 320 m
- 572 m
- 647 m
Hospitals
- St. Michael's HospitalMapped area centre1.1 km
- Hennick Bridgepoint HospitalMapped area centre1.3 km
- Sunnybrook Holland CentreMapped area centre1.6 km
Childcare
- 758 m
- 1.3 km
- 1.3 km
© OpenStreetMap contributors · ODbL · Download this open dataset
Coverage & map information
Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.
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Similar homes for sale in Moss Park, Toronto, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
240 Parliament Street, Toronto, ON M5A 3A4, Toronto is listed for sale as a Sale Of Business. Asking price: $249,000. Occupancy is reported as Owner. MLS® C13503400.
The Ministry’s school dataset lists Lord Dufferin Junior and Senior Public School approximately 397 m from the property’s mapped location. The published TTC feed includes Queen, approximately 1.2 km away. OpenStreetMap shows nearby mapped places including Ontario Street Parkette (152 m) and Kabul Farms Supermarket (46 m).
Local context
The Ministry’s school dataset lists Lord Dufferin Junior and Senior Public School approximately 397 m from the property’s mapped location.
The published TTC feed includes Queen, approximately 1.2 km away.
OpenStreetMap shows nearby mapped places including Ontario Street Parkette (152 m) and Kabul Farms Supermarket (46 m).
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: ROYAL LEPAGE PINNACLE REAL ESTATE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C13503400. Information deemed reliable but not guaranteed.