600 Parliament Street, Toronto C08, ON Image 1

$5,980,000

Sale Of Business For Sale
MLS - #C12294490
15 hours ago- By EXP REALTY

600 Parliament Street, Toronto C08, ON M4X 1R2

Bed
Bath
Outside/Surface Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A Sqft

About 600 Parliament Street

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.

Home Overview

Last updated

15 hours ago

Virtual tour

None

Basement information

Building size

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Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

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Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
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Average Price
598000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 600 Parliament Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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