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For Sale

600 Parliament Street, Toronto, ON M4X 1R2

$5,800,000

  • Investment
  • MLS® C13591754

Listing Brokerage: FIRST CLASS REALTY INC.

Description

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.

Property details

MLS® number
C13591754
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
North St. James Town
City
Toronto C08
Building area
4919 Square Feet
Lot width
20.37 Feet
Lot depth
110.39 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
Outside/Surface
Taxes
$25,888.00
Tax year
2025
Listing brokerage
FIRST CLASS REALTY INC.

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