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    For Sale - 600 Parliament Street, Toronto, Ontario

    Est payment $28,715/mo
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    Views   3
    Time on Jump  72 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:  LPT REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    600 Parliament Street
    Toronto , Ontario
    $5,980,000
    Get more info