600 Parliament ST, Toronto C08, ON M4X 1R2
600 Parliament ST, Toronto C08, ON M4X 1R2
600 Parliament ST, Toronto C08, ON M4X 1R2
600 Parliament ST, Toronto C08, ON M4X 1R2
600 Parliament ST, Toronto C08, ON M4X 1R2
600 Parliament ST, Toronto C08, ON M4X 1R2
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 5,800,000
Est. payment | /mo

4,359 SqFt

Save
$ 5,800,000
Est. payment | /mo
Save

4,359 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,359 sqft

Price per Sqft $1,330

Municipality Toronto C08

Subdivision North St. James Town

MLS Listing ID C13591754

Annual Tax Amount $25,888

Tax Year 2025

Property Sub-Type Investment

Property 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.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 20.37

Lot Depth 110.39

Others

ParcelsYN No

Listed by FIRST CLASS REALTY INC.

Nearby Locations

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600 Parliament ST

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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