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For Sale

600 Parliament Street, Toronto, ON M4X 1R2

$5,800,000

  • 12 Bathrooms
  • Sale Of Business
  • MLS® C13592534

Listing Brokerage: FIRST CLASS REALTY INC.

Description

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.

Property details

MLS® number
C13592534
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
North St. James Town
City
Toronto C08
Bathrooms
12
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
Business type
Coin Laundromat
Retail area
1524
Listing brokerage
FIRST CLASS REALTY INC.

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