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Highlights

  • Prominent frontage along Parliament Street in downtown Toronto.
  • Suitable for a variety of outdoor operational configurations.
  • Vacant commercial lot with flexible outdoor use potential.

LOT Available

Display Rental Rate as

Rental Rate
  • $7.36 USD/SF/YR
  • $0.61 USD/SF/MO
  • $26,137 USD/YR
  • $2,178 USD/MO
Lease Term Negotiable
Lot Size 0.08 AC

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.

Property Overview

258 Parliament Street is a vacant commercial land parcel located in Toronto's Moss Park neighborhood near the intersection of Parliament Street and Dundas Street East. The property is zoned CR2 and has frontage on Parliament Street, with historical marketing materials indicating access from both Parliament Street and Poulett Street. The site is positioned within a mixed-use urban area containing residential, commercial, retail, and institutional uses. The property is located near downtown Toronto amenities, public transit services, and the Don Valley Parkway corridor. Development activity has been reported throughout the surrounding Moss Park and Corktown area, with multiple residential and mixed-use projects in the vicinity.

Property Facts

Total Space Available 0.08 AC
Property Type Land
Property Subtype Residential
Proposed Use Mixed Use
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 41825056

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: 258 Parliament St, Toronto, ON M5A 3A4

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