REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment | /mo
12 Baths
-
Est. payment | /mo
12 Baths
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision North St. James Town
MLS Listing ID C13592534
Annual Tax Amount $25,888
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Lot Frontage 20.37
Lot Depth 110.39
Others
ParcelsYN No
Listed by FIRST CLASS REALTY INC.
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty