$5,800,000
( $1179.10Per Sq Foot )
 $31,136 est/mo Sourced by Back At You

600 Parliament Street,Toronto C08, ON M4X 1R2

Toronto C08, ON M4X 1R2

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Description

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.

Details

MLS #C13591754
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site98
Listing Provided ByFIRST CLASS REALTY INC. | C13591754 338900

Features

SQ Feet4,919
Acreage0.11

Interior

CoolingYes

Exterior

Community FeaturesMajor Highway, Public Transit

Utilities

UtilitiesYes

Taxes

Tax Annual Amount25888
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto C08
Postal CodeM4X 1R2
AreaNorth St. James Town
Listing VS Median (in M4X 1R2)
Price:
$5,800,000
low | high
Med:
$5,800,000
50% of Average
sqft:
4,919
low | high
Med:
4,919
50% of Average
$ / sqft:
$1,179
low | high
Med:
$1,179
50% of Average
On site:
98
low | high
Med:
98
100% of Average
Sourced by Back At You

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Additional Information

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

LOISANN DARRACH

LOISANN DARRACH

Coldwell Banker The Real Estate Centre

 (905) 898-0000loisann.homes@gmail.com
ProvinceON
CountyToronto
CityToronto C08
Postal CodeM4X 1R2
AreaNorth St. James Town
Listing VS Median (in M4X 1R2)
Price:
$5,800,000
low | high
Med:
$5,800,000
50% of Average
sqft:
4,919
low | high
Med:
4,919
50% of Average
$ / sqft:
$1,179
low | high
Med:
$1,179
50% of Average
On site:
98
low | high
Med:
98
100% of Average
Sourced by Back At You
Listing Updated: October 7, 2026 at 9:28:20 PM PDT

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LOISANN DARRACH

355 Muskoka Road South
Gravenhurst, ON P1P 1J4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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