$5,980,000
600 Parliament Street, Toronto C08, ON M4X 1R2
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
4 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
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Parliament Street

Book a Showing
Tour this home with Angela
By submitting this form, you give express written consent to Dolphin Realty and its authorized representatives to contact you via email, telephone, text message, and other forms of electronic communication, including through automated systems, AI assistants, or prerecorded messages. Communications may include information about real estate services, property listings, market updates, or promotions related to your inquiry or expressed interests. You may withdraw your consent at any time by replying “STOP” to text messages or clicking “unsubscribe” in emails. Message and data rates may apply. For more details, please review our Privacy Policy & Terms of Service.