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:61445)
Business
| BusinessType | Special Purpose |
| BusinessSubType | Laundromat |
Property Details
| MLS® Number | C12712810 |
| Property Type | Business |
| Community Name | North St. James Town |
| ParkingSpaceTotal | 2 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 110 Ft ,4 In |
| SizeFrontage | 20 Ft ,4 In |
| SizeIrregular | 20.37 X 110.39 Ft |
| SizeTotalText | 20.37 X 110.39 Ft |
| ZoningDescription | Commercial |
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Contact us for more information
Sarah Shao
Salesperson
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
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February 19 2026 05:11:05
Exp Realty