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600 Parliament Street, Toronto, ON M4X 1R2, Toronto C08, M4X 1R2 , ON

Price:

$5800000.0

Status:

Sale Of Business Commercial

MLS#:

C13592534

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School

Appointment

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$5800000.0

Tax:

25888.0(2025)

Community:

City:

Toronto C08
  • Total Area
  • Water
  • Sale Of BusinessType
  • Office Area
  • Basement
  • Garage

Interior:

Fireplace

Exterior:

Brick

Heating:

Forced Air

Lot Features:

Public Transit, Ravine, River/Stream, Wooded/Treed
Listing Contracted with: FIRST CLASS REALTY INC.

Description:

This Exceptionally Busy Laundromat Offers A Stable and Consistent Cash Flow, Delivers 7% Plus Return , Supported By A Loyal Customer Base And Strong Day-To-Day Operations. The Business Also Presents Significant Opportunities For Expansion And Future Growth, Making It An Excellent Investment For Both Owner-Operators And Investors. This Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Toronto Downtown Core, 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.

Highlights:

Sale Of Business      C13592534                                3             

Kandarp Pancholi

Realtor

kandarprealtor@gmail.com 647-887-1611

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Just Listed

Offered at:$5800000.0

Ammeneties

  • MLS

  • BedRooom

  • Bathroom

  • Community

  • MLS

  • City Toronto C08

  • Type

  • Area

  • Basement

  • Garage

  • Tax 25888.0(2025)

Baths

Beds

Garage

456Sq ft

Features

Discription

Highlights

Kandarp Pancholi

Broker

E-Mail:kandarprealtor@gmail.com

Phone:647-887-1611

Kandarp Pancholi

Realtor

647-887-1611
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