Investment Property Available
For Sale Street Retail

142 Parliament Street

142 Parliament Street, Toronto, ON M5A 2Z1 Canada
Investment Property Available
For Sale Street Retail

142 Parliament Street

142 Parliament Street, Toronto, ON M5A 2Z1 Canada
Building Size
1,800 SF
Building Size
1,800 SF

OVERVIEW

Prime corner retail building at busy intersection of Parliament and Richmond Streets. Fully leased to immediate value add opportunities. Ground floor leased to 241 Pizza, currently in first renewal term expiring December 31, 2027. 1 x 5 year further option to renew, subject to landlord favourable sale/demo clause. Large second floor apartment is currently leased to M2M. Both tenants paying below market rent, offering upside and and steady holding income. Current 241 net rent is $34,800 per annum. Second floor gross rent is $12,960 per annum. Retail tenant pays majority expenses.

CONTACT

Details

Building Size:
1,800 SF
Sale Price:
Contact us for pricing

CONTACT

142 Parliament Street

LOCATION

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