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    For Sale - 600 Parliament Street, Toronto, Ontario

    Est payment $29,642/mo
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    Views   1
    Time on Jump  16 day

    AI Summary *

    • Income-producing property in the heart of Toronto's downtown area.
    • Ten established rental units with strong occupancy and cash flow.
    • Opportunity for increased rental income in a high-demand market.
    • Includes a successful laundromat serving tenants and locals.
    • Impressive return on investment with potential for service expansion.




    An exceptional investment opportunity awaits at 600 parliament street, ideally situated in torontos vibrant downtown core. This 4,300 sq. Ft.+ income-producing property offers established short- and long-term leases, providing strong occupancy and reliable cash flow from a diverse tenant base. This building features 10 rental units, it presents a rare opportunity to significantly increase rental income and take advantage of torontos rapidly growing demand for flexible investments options. In this high-density urban area, the property delivers immediate income stability while offering an established laundromat with strong revenue, a trusted community staple serving both tenants and local residents. With many nearby apartment buildings lacking in-unit laundry, the business attracts a loyal, repeat customer base, generating consistent secondary income that perfectly complements this property achieves an impressive 7%+ return and potential future service expansion.
    Listing IDC12712802
    Address600 Parliament Street
    CityToronto, Ontario
    Price$5,980,000
    StyleInvestment
    Land Size2249
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 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