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  63 day

    AI Summary *

    • Busy laundromat with consistent cash flow and 7%+ return.
    • Loyal customer base ensures steady revenue year-round.
    • High-demand location near apartments lacking in-unit laundry.
    • Growth potential with opportunities for expanding services.
    • 10 lease units providing reliable additional income streams.




    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.

    * 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
    12 $5,800,000
    Get more info