600 Parliament Street, Toronto C08, ON M4X 1R2
$5,980,000
$5,980,000

600 Parliament Street

North St. James Town, Toronto $5,980,000

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Outside/Surface Garage
Parking for 2
Zoning: Commercial
MLS®#:
C12712802
Property Type:
Investment
Property Style:
Area:
Toronto
Community:
North St. James Town
Taxes:
$25,888.13 / 2025
Added:
January 20 2026
Lot Frontage:
20.37
Lot Depth:
110.39
Status:
Active
Outside:
Year Built:
Brokerage:
LPT REALTY
Lot :

110

20

Intersection:
Wellesley St E / Parliament St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

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.

Insights

  1. Strong Cash Flow: The property offers established short- and long-term leases, ensuring reliable cash flow from a diverse tenant base, which is crucial for any investor looking for stability.
  2. Prime Location: Located in Toronto's vibrant downtown core, this property benefits from high demand for rental units, making it an attractive investment in a rapidly growing urban area.
  3. High Return Potential: With an impressive 7%+ return and opportunities for future service expansion, this property presents a lucrative investment option for buyers looking to maximize their returns.

Neighborhood Overview

Complete neighborhood profile for 600 Parliament Street

North St. James Town home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in North St. James Town
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)