Address
600 Parliament Street, Toronto, ON
Price
$ 5,800,000
Property Attributes
  • ID#C13592534
  • TypeCommercial
  • Listing Status New
  • CityToronto
  • AreaNorth St. James Town
  • NeighbourhoodNorth St. James Town
  • Postal CodeM4X 1R2
  • StyleCoin Laundromat
  • Taxes$ 25888
  • Price$ 5,800,000
  • Bedrooms0
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage4359
Data Source:
Toronto Real Estate Board (TRREB)
Property 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.

Price History
7/22/2026 Listed $5,800,000

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Parking Spaces 3
Property Subtype Sale Of Business
Tax Year 2025
Lot Depth 110.39
Business Type Coin Laundromat
Community Features Major Highway,Public Transit
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Toronto C08
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 25888.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 12
SeatingCapacity 3

Exterior Features

Garage Type Outside/Surface
Spa No
Building Area Total 4359.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M4X 1R2

Price
AVG $5.8M
$5.8M
Visits
AVG 1
73
Data Provided by Inside Real Estate®