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.
Address
600 Parliament Street
List Price
$5,980,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Toronto C08
Sub-Area
North St. James Town
Region
Toronto
Lot Size Source
MPAC
Lot Depth
110.39
Lot Type
Lot
Lot Size Units
Feet
Lot Width
20.37
Parcel Number
210860101
Total Building Area
4359.4
Occupant Type
Owner
Cross Street
Wellesley St E / Parliament St
MLS® Number
C12294491
Listing Brokerage
EXP REALTY
Basement
Yes
Postal Code
M4X 1R2
Posession Details
TBA
Parking Spaces
2
Tax Amount
$25,888.13
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
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