600 Parliament Street, Toronto C08, ON Image 1

$5,980,000

Investment For Sale
MLS - #C12294491
3 hours ago- By EXP REALTY

600 Parliament Street, Toronto C08, ON M4X 1R2

Bed
Bath
4359.4 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

4359.4 Sqft

About 600 Parliament Street

An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Torontos 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 Torontos 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.

Home Overview

Last updated

3 hours ago

Virtual tour

None

Basement information

Building size

4359.4

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

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

Price Comparison

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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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