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    For Sale - 600 Parliament Street, Toronto, Ontario

    Est payment $28,715/mo
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    Time on Jump  72 day

    AI Summary *

    • Exceptional investment opportunity in the heart of downtown Toronto.
    • Anchored by a profitable, well-established laundromat with loyal customers.
    • High demand from nearby apartment buildings lacking in-unit laundry.
    • Includes 10 lease units for reliable additional income.
    • Prime location with excellent visibility and transit access, ensuring strong returns.




    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 IDC12712810
    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:  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