An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Torontos 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 Torontos 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. (id:58549)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | C12294491 |
| Property Type | Multi-family |
| Community Name | North St. James Town |
| Parking Space Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 4359 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 110 Ft ,4 In |
| Size Frontage | 20 Ft ,4 In |
| Size Irregular | 20.37 X 110.39 Ft |
| Size Total Text | 20.37 X 110.39 Ft |
| Zoning Description | Commercial |
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