600 Parliament Street, Toronto C08, ON M4X 1R2, Toronto C08, ON
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.
Property Highlights
For Sale
MLS NO.
C12712810
Type
Commercial
Sub Type
Sale Of Business
Complete Property Details
Property Type
Commercial
Sub Type
Sale Of Business
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12712810
Lot Width
20.37
Lot Size
2249.0
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
600 Parliament Street, Toronto C08, ON M4X 1R2
City
Toronto C08
Neighbourhood
North St. James Town
County / Region
Toronto
Province / State
ON
Postal Code
M4X 1R2
Cross Street
Wellesley St E / Parliament St
Directions
As per Google Map
Country
CA
List Price
$5,980,000
Annual Taxes
$25,888
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA
Listing Office
EXP REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-01-20T15:09:15Z
Media Updated
2026-01-20T15:09:15Z
Photos Updated
2026-01-20T15:09:15Z
Last Modified
2026-01-20T15:09:15Z
System Modified
2026-01-20T15:09:15.919741Z
MLS Status
New
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-07-19
Heat Type Multi
Gas Forced Air Open
Hstapplication
In Addition To
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
210860101
Parking Spaces
2
Public Remarks
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.