600 Parliament Street Toronto, Ontario M4X 1R2
$5,980,000
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. (id:60365)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | C12712802 |
| Property Type | Multi-family |
| Community Name | North St. James Town |
| ParkingSpaceTotal | 2 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4359 Sqft |
| Type | Multi-family |
| 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 |
Sarah Shao
Salesperson
5100-333 Bay St
Toronto, Ontario M5H 2R2
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February 19 2026 05:11:06
Toronto Real Estate Board
Lpt Realty
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