600 Parliament St

For Sale New 11 hours
$5,980,000
beds
baths
4,359 Sqft

600 Parliament St

For Sale New 11 hours
$5,980,000
beds
baths
4,359 Sqft

Highlights

Key insights

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. (id:63267)

SARAH SHAO of EXP REALTY,
#C12294491
updated 12 hours ago.
Houseful checked MLS® for data 12 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat source
    Natural gas
  • Heat type
    Other
Exterior
  • # parking spaces
    2
Location
  • Subdivision
    North st. james town
Overview
  • Lot size (acres)
    0.0
  • Building size
    4359
  • Listing #
    C12294491
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28626241/600-parliament-street-toronto-north-st-james-town-north-st-james-town
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-15,947

/ Month
25 Years fixed, 20% down payment, % interest
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