For Sale

600 Parliament Street, Toronto C08, Ontario M4X 1R2

$5,980,000

600 Parliament Street, Toronto C08, Ontario M4X 1R2 is For Sale and has a listing price of 5,980,000. The property is located in the Toronto C08 . It's been on the website for 55 Days.

  • Investment
    Property Type
  • MLS ID: C12294491
  • Office Name EXP REALTY
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12294491
  • Price: $5,980,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 110.39
  • Ref ID: C12294491
  • Dir / Cross St: Wellesley St E / Parliament St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
07/18/2025 C12294491 $5,980,000 For Sale - -
07/18/2025 C12294490 $5,980,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C08
  • $915,960 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 52 Median Days on Market
    based on 1 year
  • List vs. Selling Price 196.09 % Up
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 92 Transit Score
    Rider's Paradise
  • 100 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Parking Spaces: 2
  • Taxes: $25,888
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 18/07/2025 18:18:25
Want to see this property?