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$5,800,000
Ontario,Toronto (North St. James Town)
For Sale Active
600 PARLIAMENT STREET, Toronto (North St. James Town), Ontario M4X1R2
  • 12
  • 4,359 Sqft
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C13592534
  • Price: $5,800,000
  • Bathrooms: 12
  • Square Footage: 4,359 Sqft
  • Status: Active
  • Office Name: FIRST CLASS REALTY INC.
  • Property Sub Type: Business
  • Office Key: 285622
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (North St. James Town), M4X1R2
  • Street: Parliament
  • Street Number: 600
  • Street Suffix: Street
  • Longitude: W80° 37' 47.9''
  • Latitude: N43° 40' 6.9''
Additional Information
  • Water Source:
  • Business Type: Special Purpose
  • Lot Size Dimensions: 20.37 x 110.39 FT
Financial
  • Tax Annual Amount: 25888
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Listing updated: 2026-08-01 03:13:50
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Listing Information
  • List Agent Key: 1891101
  • List Office Key: 285622
  • Modification Timestamp: 2026-07-22T15:35:27Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-22T15:28:55Z
Powered by REALTOR.ca
Listing updated: 2026-08-01 03:13:51
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