Commercial building featuring a stone and stucco facade, a prominent storefront, and a pitched shingle roof Features: curbs, commercial view More Photos

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    For Sale - 600 Parliament Street, Toronto, Ontario

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




    This exceptionally busy laundromat offers a stable and consistent cash flow, delivers 7% plus return , supported by a loyal customer base and strong day-to-day operations. The business also presents significant opportunities for expansion and future growth, making it an excellent investment for both owner-operators and investors. This exceptional investment opportunity awaits at 600 parliament street, in the heart of toronto downtown core, 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 IDC13592534
    Address600 Parliament Street
    CityToronto, Ontario
    Price$5,800,000
    Bath12 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  FIRST CLASS REALTY INC.

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    600 Parliament Street
    Toronto , Ontario
    12 $5,800,000
    Get more info