For Sale · Retail

258 PARLIAMENT STREET, Toronto (Moss Park)

258 PARLIAMENT STREET, Toronto (Moss Park), ON M5A3A4

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

95%

About this property

Prime Vacant Lot with Outdoor Restaurant Potential! Excellent opportunity to create a unique outdoor dining destination in a vibrant downtown location. Vacant lot offering potential for an outdoor restaurant concept, food trucks, patio-style seating, and an inviting atmosphere with string lights and creative outdoor décor. Ideal for restaurateurs, food entrepreneurs, event operators, or investors looking to establish a distinctive food and entertainment space. Flexible outdoor layout allows for a variety of concepts and configurations. Conveniently located on Parliament Street with strong exposure and easy access to surrounding residential, commercial, and downtown amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

122,148

Households

45,301

Median income

$138,000

Median age

37.8

Daytime population

180,315

5-yr growth

3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 258 PARLIAMENT STREET, Toronto (Moss Park).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.