600 Parliament Street, Toronto (North St. James Town), Ontario

About 600 Parliament Street

This Exceptionally Busy Laundromat Offers A Stable and Consistent Cash Flow, Delivers 7% Plus Return , Supported By A Loyal Customer Base And Strong Day-To-Day Operations. The Business Also Presents Significant Opportunities For Expansion And Future Growth, Making It An Excellent Investment For Both Owner-Operators And Investors. This Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Toronto Downtown Core, 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. (id:6289)

More Info on this North St. James Town MLS® listing

600 Parliament Street is a listing for sale in Toronto (North St. James Town). The MLS® number is C13592534. It features 12 bathrooms and covers 4,919 square feet. It's currently listed for $5,800,000. For more details on MLS® C13592534, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in North St. James Town is available now!

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