600 Parliament Street, Toronto C08, ON

$5,980,000

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600 Parliament Street

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.

Features of 600 Parliament Street

MLS® # C12712802
Price $5,980,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 600 Parliament Street
Area Toronto
Neighborhood North St. James Town
City Toronto C08
Province ON
Postal Code M4X 1R2

Amenities

Parking Spaces 2
Garage Type Outside/Surface

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeLPT REALTY

Listing Map

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