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New · Listed Jul 22, 2026 · 96 days on market

600 Parliament Street, Toronto, ON M4X 1R2

$5,800,000

Commercial · Sale Of Business · 4919 sq ft · For Sale

This Exceptionally Busy Laundromat Offers A Stable and Consistent Cash Flow, Delivers 7% Plus Return , Supported By A Loyal Customer Base And Strong Day-To-Day Operations. The Business Also Presents Significant Opportunities For Expansion And Future Growth, Making It An Excellent Investment For Both Owner-Operators And Investors. This Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Toronto Downtown Core, 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.

Property summary

TypeCommercial
SubtypeSale Of Business
Business typeCoin Laundromat
Building area4919 Square Feet
Bathrooms12
Lot size20.37 × 110.39 ft
Taxes$25,888 / yr
Parking3
GarageOutside/Surface
PossessionFlexible
OccupantOwner
Property
Lot width20.37
Lot depth110.39
Power & Services
Heating typeGas Forced Air Open
Residential
Bathrooms12
GarageOutside/Surface
Zoning & Taxes
Taxes / yr$25,888
Tax year2025
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Data provided by TRREB. Listed by FIRST CLASS REALTY INC..

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CC Susan — Central Commercial
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