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MLS® C13591754
North St.James Town, Toronto, ON
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.
Broker
FIRST CLASS REALTY INC.
Neighbourhood
North St.James Town
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Investment
600 Parliament Street Toronto
North St.James Town
Type
Investment
Parking
Outside/Surface
Property Tax
~$25,888/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
4919 sqft
Parking
Outside/Surface
Finances
List Price
$5,800,000
Price per SQFT
$1,179/sqft
Property Tax
~$25,888/yr
Property Specs
Property Type
Investment
MLS Size
4919 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
North St.James Town
Listed On
Jul 22, 2026
Major Highway
Public Transit
Days on Market
Current: 108 days
Room information is not available for this listing.
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