600 Parliament St - Storefront Retail/Residential FOR SALE


Toronto, ON M4X 1R2- North St James Town
$5,800,000 CAD
905-513-8878
600 Parliament St, Toronto, ON for Sale
$5,800,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | 7% Cap Rate

600 Parliament St
Toronto, ON M4X 1R2
North St James Town


HIGHLIGHTS

  • Features 10 rental units with established tenancy in place.
  • Long-standing laundromat serves both tenants and neighborhood residents.
  • Located in Toronto's high-density downtown core with sustained rental demand.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,800,000 CAD

PRICE/SF

$1,914 CAD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,248 SF

ZONING

R

APN/PARCEL ID

190407444000600

ASK ABOUT THIS PROPERTY

Paul Huajian LiuRoyal LePage Golden RidgeMore Info
905-513-8878

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Paul Huajian LiuRoyal LePage Golden RidgeMore Info
905-513-8878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.