600 Parliament Street, Toronto, ON M4X 1R2
$5,800,000
7% Plus Return In Downtown Toroto , An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In 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 Toronto's 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.
Property summary
Property
| Lot width | 20.37 |
| Lot depth | 110.39 |
Power & Services
| Heating type | Gas Forced Air Open |
| Utilities | Yes |
Residential
| Garage | Outside/Surface |
Zoning & Taxes
| Taxes / yr | $25,888 |
| Tax year | 2025 |
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.
Data provided by TRREB. Listed by FIRST CLASS REALTY INC..