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600 Parliament Street, Toronto, ON M4X 1R2

Toronto C08, ON, M4X 1R2 · North St. James Town

Sq Ft
2 Parking
Sale Of Business Type
C12712810 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Lot Size 2,249 Feet
Garage Outside/Surface
Parking Spaces 2
Heat Type Gas Forced Air Open
Cooling Yes
Annual Tax $25,888
Tax Year 2025

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface
Parking Spaces
2

Lot & Land

Lot Size Area
2249.00
Lot Size Units
Feet
Lot Depth
110.39
Lot Width
20.37

Financial & Tax

Tax Annual Amount
$25,888
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Additional Details

Occupant Type
Owner
County Or Parish
Toronto
Cross Street
Wellesley St E / Parliament St
Directions
As per Google Map
Showing Requirements
See Brokerage Remarks

Location

600 Parliament Street, Toronto, ON M4X 1R2, Toronto C08, ON, M4X 1R2

Listing courtesy of LPT REALTY
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