ON > Toronto C08 > North St. James Town
Toronto C08, ON M4X 1R2,600 Parliament ST
Toronto C08, ON M4X 1R2,600 Parliament ST
Toronto C08, ON M4X 1R2,600 Parliament ST
Toronto C08, ON M4X 1R2,600 Parliament ST
Toronto C08, ON M4X 1R2,600 Parliament ST
Toronto C08, ON M4X 1R2,600 Parliament ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 5,980,000
Est. payment | /mo
Save
$ 5,980,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision North St. James Town

MLS Listing ID C12294490

Annual Tax Amount $25,888

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Toronto

Community North St. James Town

Area Toronto

Interior

Cooling Yes

Exterior

Lot Frontage 20.37

Lot Depth 110.39

Others

ParcelsYN No

Listed by EXP REALTY
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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