For Rent

388 Parliament Street, Toronto C08, Ontario M5A 2Z7

$35

388 Parliament Street, Toronto C08, Ontario M5A 2Z7 is For Rent and has a listing price of 35. The property is located in the Cabbagetown South neighbourhood . It's been on the website for 24 Days.

  • MLS ID: C12797508
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property 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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Rent
  • Listing ID: C12797508
  • Price: $35
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 142.3
  • Ref ID: C12797508
  • Dir / Cross St: PARLIAMENT & GERRARD ST E
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
02/18/2026 C12797508 $35 For Rent - -
12/12/2025 C12630616 $35 For Rent - -
03/12/2025 C12013843 $35 For Rent - -
03/12/2025 C12013882 $35 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cabbagetown South
  • $2,548 Average List Price
    based on 1 year
  • 12 New Listings
    based on 30 days
  • 46 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.34 % Below
  • Sold (12mo) 16
  • Rented (12mo) 30

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    2.64%
  • Commercial
    3.18%
  • Condo
    94.17%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Parking Spaces: 6
  • Taxes: $2,500
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 18/02/2026 15:57:00
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