600 Parliament Street, Toronto, ON M4X 1R2
For Sale

600 Parliament Street

North St. James Town, Toronto

4,919 sqft

C$ 5,800,000

Property overview

A residence that redefines north st. james town living

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.

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Financing

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C$
%

C$ 1,160,000

%
yrs

Estimated monthly payment

C$ 27,805

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Estimate only. Verify with a qualified broker.

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Google reviews

4.9

124 reviews · Google

Marcus Heyns2 weeks ago

Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…

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Sophie Delacroix1 month ago

Calm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.

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Emmanuel Osei2 months ago

Sold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.

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