600 Parliament Street Toronto, Ontario M4X 1R2
$5,980,000
An Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Torontos Thriving Downtown Core. This Property is over 4,300 Sq. Ft.+ Anchored By A Highly Profitable, Well-Established Laundromat. 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. (id:55093)
Business
| Business Type | Special Purpose |
| Business Sub Type | Laundromat |
Property Details
| MLS® Number | C12294490 |
| Property Type | Business |
| Community Name | North St. James Town |
| Parking Space Total | 2 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 110 Ft ,4 In |
| Size Frontage | 20 Ft ,4 In |
| Size Irregular | 20.37 X 110.39 Ft |
| Size Total Text | 20.37 X 110.39 Ft |
| Zoning Description | Commercial |
Contact Us
Contact us for more information
Sarah Shao
Salesperson
8365 Woodbine Ave. #111
Markham, Ontario L3R 2P4
(905) 513-8878
(905) 513-8892
www.goldenridgerealty.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 18 2025 07:25:43
Toronto Regional Real Estate Board
Royal LePage Golden Ridge Realty