600 PARLIAMENT STREET|Toronto (North St. James Town), Ontario M4X1R2

CAD 5,980,000
For Sale MLS: C12294491

Property Details

Property Type

Multi-family

Description

MLS Number: C12294491

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

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. (40920732)

Agent Information: • Agents: SARAH SHAO • Contact: 866-530-7737 • Brokerage: EXP REALTY

Time on Realtor: 2 hours ago

Location

Address

600 PARLIAMENT STREET|Toronto (North St. James Town), Ontario M4X1R2

City

Toronto (North St. James Town)

Features and Finishes

None

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