NewFor Lease

388 Parliament Street
Toronto C08, Toronto, ON, M5A 2Z7

Commercial Retail
TRREB
MLS® Number: C12797508
$35/square feet (net)Lease Price
Commercial RetailProperty Type
7,753 sq ftSize
$2,500 / 2025Taxes (TMI)
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Property Location

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Listing History

Buy/sell history for 388 Parliament Street, Toronto C08, ON M5A 2Z7

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Description

A rare opportunity to lease a substantial retail/service space in the rapidly revitalizing Moss Park neighbourhood, directly across from Daniels on Parliament, a newly built 10-storey condominium development that continues to drive residential density and foot traffic to the area. This impressive three-storey property offers approximately 7,753 square feet of flexible space, along with six designated rear parking spaces, including convenient access to a loading dock with roll-up doors. The main floor features exceptional character and versatility, with multiple divided rooms, varying elevations, kitchenettes, and adaptable layouts that can easily accommodate classrooms, activity areas, administrative offices, and food preparation spaces. The second floor presents a bright, boutique-style layout with expansive windows and floor-to-ceiling glass partitions, creating a modern and welcoming environment ideal for educational programming, quiet learning areas, or staff offices. The existing room configurations naturally lend themselves to organized programming and age-group separation. With CR2 zoning permitting a wide range of uses, this property is particularly well-suited for a daycare or childcare facility. Its multi-level layout allows for structured programming, dedicated learning zones, and administrative separation, while the proximity to surrounding residential towers provides a built-in and growing client base of young families. Rear parking and loading access offer added convenience for staff, supply deliveries, and operational efficiency. Formerly occupied for many years by a successful printing company, the building has a proven history of long-term tenancy and operational stability. A virtual tour is available to fully appreciate the layout and potential this unique space offers.

Features

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Amenities

No amenities available

Summary

Tax (TMI):$2,500 / 2025
Listing #:C12797508
Property Type:Commercial Retail
Size:7,753 sq ft
Land Size:32.44 x 142.3
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Moss Park
Municipality:Toronto

Building

Size:7,753 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:PARLIAMENT & GERRARD ST E

$35/square feet (net)

Lease price

388 Parliament Street, Toronto C08 – Commercial Retail for lease