Welcome to this remarkable [] sale of business located in the coveted neighborhood of North St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,980,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Data-driven valuation for 600 Parliament Street, Toronto C08, ON M4X 1R2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Toronto C08.
Comprehensive city-wide demographics, local real estate stats, and school rankings for North St James Town, Toronto C08.
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