600 Parliament Street Toronto, Ontario M4X 1R2

4,359 sqft
Fully Air Conditioned Forced Air

$5,800,000

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. (id:49203)

Property Details

MLS® Number C13591754
Property Type Business
Community Name North St. James Town
Amenities Near By Highway, Public Transit
Parking Space Total 3

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 4359 Sqft
Size Interior 4,359 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 110 Ft ,4 In
Size Frontage 20 Ft ,4 In
Size Irregular Bldg=20.37 X 110.39 Ft
Size Total Text Bldg=20.37 X 110.39 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/30064264/600-parliament-street-toronto-north-st-james-town-north-st-james-town

Contact Us

Contact us for more information

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Paul Huajian Liu
Salesperson

(647) 333-3388
(647) 333-3388
aircnc.com/
www.facebook.com/paul.liu.564

First Class Realty Inc.
7481 Woodbine Ave #203
Markham, Ontario L3R 2W1

(905) 604-1010
(905) 604-1111
www.firstclassrealty.ca/

Sarah Shao
Salesperson

(877) 366-2213

Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

(877) 366-2213
www.lpt.com/

Dekker Team
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