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600 Parliament Street Toronto, Ontario

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $5,800,000
City Toronto, Ontario
Address 600 Parliament Street
Listing ID C13591754
Square Footage 4359
Parking 3.00
Type Business
Status For Sale

EXTENDED FEATURES

Ownership Freehold Heating / Cooling Forced air, Natural gas Parking 3.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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