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.

  • Sale Of Business
    Property Type
  • MLS ID: C12294490
  • Office Name EXP REALTY
Property Description

An Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Torontos Thriving Downtown Core. This Property is over 4,300 Sq. Ft.+ Anchored By A Highly Profitable, Well-Established Laundromat. 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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12294490
  • Price: $5,980,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 110.39
  • Ref ID: C12294490
  • Dir / Cross St: Wellesley St E / Parliament St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
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
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 18:17:58
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