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    For Sale - 600 Parliament Street, Toronto, Ontario

    Est payment $29,642/mo
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    Time on Jump  92 day

    AI Summary *

    • Prime location in downtown Toronto with high foot traffic.
    • Established laundromat generates consistent year-round cash flow.
    • Nearby apartments enhance demand for laundry services.
    • Includes 10 lease units for additional reliable income.
    • Strong visibility and transit access support ongoing revenue growth.




    An exceptional investment opportunity awaits at 600 parliament street, in the heart of torontos thriving downtown core. This property is over 4,300 sq. Ft.+ anchored by a highly profitable, well-established laundromat. A trusted staple in the community, the laundromat has built a loyal, repeat customer base, generating consistent, year-round cash flow. With numerous nearby apartment buildings lacking in-unit laundry, this location has become the go-to choice for residents, ensuring a steady stream of customers and making it a turnkey, high-demand business with immediate earning power. Its proven reputation, heavy foot traffic, and prime location guarantee long-term stability and ongoing revenue growth. This property also has 10 short- and long-term lease units, which generates reliable income streams and strengthen the property's overall revenue profile. Positioned in a high-density residential area with excellent visibility, constant foot traffic, and convenient transit access, this property delivers an impressive 7%+ return and combines stable cash flow, proven demand, and significant opportunities to expand more services in the location.
    Listing IDC12294490
    Address600 Parliament Street
    CityToronto, Ontario
    Price$5,980,000
    StyleSale Of Business
    Land Size2249
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  EXP REALTY
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    600 Parliament Street
    Toronto , Ontario
    $5,980,000
    Get more info