For Sale - 600 Parliament Street, Toronto, Ontario

Est payment $27,851/mo
Views   13
Time on Jump  14 day



7% plus return in downtown toroto , an exceptional investment opportunity awaits at 600 parliament street, ideally situated in 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 toronto's 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 IDC13591754
Address600 Parliament Street
CityToronto, Ontario
Price$5,800,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air Open
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Listing Agency:  FIRST CLASS REALTY INC.

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600 Parliament Street
Toronto , Ontario
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