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

$5,800,000

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12

Baths

4,359

Square feet

About 600 Parliament Street

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:36535)

Features of 600 Parliament Street

Listing # C13592534
Price $5,800,000
Bathrooms 12.00
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 20.37 x 110.39 FT

Listing Details

OfficeCourtesy Of FIRST CLASS REALTY INC.

Listing Map