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MLS® C12712810
North St.James Town, Toronto, ON
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.
Broker
LPT REALTY
Neighbourhood
North St.James Town
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Sale Of Business
600 Parliament Street Toronto
North St.James Town
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$25,888/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
4300 sqft
Parking
Outside/Surface
Finances
List Price
$5,980,000
Price per SQFT
$1,391/sqft
Property Tax
~$25,888/yr
Property Specs
Property Type
Sale Of Business
MLS Size
4300 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
North St.James Town
Listed On
Jan 20, 2026
Days on Market
Current: 291 days
Room information is not available for this listing.
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