371 Parliament St is a retail in Toronto, for rent at $45/sq ft/year.
1Prime commercial opportunity located at the high traffic corner of Parliament and Gerrard in the Heart of Regent Park.
2Steps to TTC streetcar routes, parks, community centres, grocery stores and national retailers creating a lively and highly walkable urban environment.
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Commercial Property in Toronto
About 371 Parliament Street
Prime commercial opportunity located at the high traffic corner of Parliament and Gerrard in the Heart of Regent Park. This brand new building is surrounded by a dense and growing residential community with strong foot traffic from nearby condos townhomes and purpose built rentals. Steps to TTC streetcar routes, parks, community centres, grocery stores and national retailers creating a lively and highly walkable urban environment. The unit is ideally designed and ideal for a cafe concept featuring excellent street exposure and large windows allowing for abundant natural light and strong branding presence. The constant flow of pedestrians, local residents, office workers and visitors makes this an exceptional location for a coffee shop or cafe focused use. A rare opportunity to establish a food and beverage presence in one of downtown Toronto's most rapidly evolving neighborhoods.
Toronto retail for rent at $45/sq ft/year — book a tour to see if it fits your search.
Inside 371 Parliament St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
371 Parliament St Price & Lease History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For rentListedThis listingMLS® C12795190$45
Sourced from MLS®. Includes earlier listings of this property on record.
The local market
How 371 Parliament St Compares to the Toronto Market
The local market around this rental, and what you need to apply.
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Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 371 Parliament St. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
371 Parliament St is listed for rent at $45 per sq ft per year (MLS® C12795190). Summitly updates the rent as soon as the MLS® record changes.
How many bedrooms and bathrooms does 371 Parliament St have?
The listing for 371 Parliament St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 371 Parliament St close to transit?
The nearest rapid-transit station is TMU Station (Line 1), about 1.3 km (about a 16-minute walk) in a straight line. College Station is about 1.3 km (about a 17-minute walk), and Castle Frank Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Has 371 Parliament St been sold before?
Summitly has no earlier MLS® sale or lease of 371 Parliament St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 371 Parliament St?
371 Parliament St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 371 Parliament St been on the market?
251 days — 371 Parliament St was listed on February 17, 2026.
How do I book a viewing of 371 Parliament St or apply to rent it?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage, then helps you put together your rental application.
What is the property tax for 371 Parliament St?
The listing for 371 Parliament St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 371 Parliament St built?
The listing for 371 Parliament St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.