600 Parliament Street, Toronto (north St. James Town), Ontario

$5,800,000

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4,359

Square feet

About 600 Parliament Street

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:36535)

Features of 600 Parliament Street

Listing # C13591754
Price $5,800,000
Bathrooms 0.00
Square Footage 4,359
Acres 0.00
Type Business

Community Information

Address 600 Parliament Street
Subdivision North St. James Town
City Toronto (north St. James Town)
Province Ontario
Postal Code M4X1R2

Amenities

Amenities Highway, Public Transit
Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=20.37 x 110.39 FT

Listing Details

OfficeCourtesy Of FIRST CLASS REALTY INC.

Listing Map