600 Parliament Street, Toronto, ON M4X 1R2
North St. James Town, Toronto · Near Wellesley/Parliament · View map
About this home
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.
The home
- Type
- Sale of business
- Square footage
- 4919 sq ft
- Bathrooms
- 12
- Lot size
- 20.4 x 110.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $25,888/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- tba
- Cross street
- Wellesley/Parliament
- Neighbourhood
- North St. James Town
More
- MLS® number
- C13592534
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
600 Parliament Street, Toronto, ON M4X 1R2
North St. James Town, Toronto · Near Wellesley/Parliament
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 600 Parliament Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 600 Parliament Street
Answers come straight from this home’s MLS® listing.
How much is 600 Parliament Street listed for, and what would it cost each month?
600 Parliament Street is listed for $5,800,000. With 20% down ($1,160,000), the mortgage payment would be roughly $23,396 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $25,553 a month, all in. That figure is an illustration, not a quote.
Is 600 Parliament Street freehold or a condo, and is there a monthly fee?
600 Parliament Street is a sale of business in North St. James Town, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 600 Parliament Street have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
What style of home is 600 Parliament Street?
600 Parliament Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 600 Parliament Street, and what is the lot size?
The lot is listed as 20.4 x 110.4 ft.
How is 600 Parliament Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 600 Parliament Street?
Property taxes are $25,888 a year (2025), or about $2,157 a month.
Where is 600 Parliament Street?
600 Parliament Street is in the North St. James Town community of Toronto. The nearest main intersection is Wellesley/Parliament. The postal code is M4X 1R2.
Is 600 Parliament Street still for sale?
Yes. It is an active listing (MLS® C13592534). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 600 Parliament Street asking?
Similar properties for sale nearby right now include 600 Parliament Street at $5,800,000, 100 Browns Line at $5,750,000 and 359 Spadina Avenue at $6,500,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 600 Parliament Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 600 Parliament Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near North St. James Town, picked by style, size and price.
Investment$5,800,000600 Parliament Street, TorontoNorth St. James TownCourtesy of: FIRST CLASS REALTY INC.View home →
Investment$5,750,000100 Browns Line, TorontoAlderwoodCourtesy of: KW Living RealtyView home →
Commercial retail$6,500,000359 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: RE/MAX ATRIUM HOME REALTYView home →Courtesy of: FIRST CLASS REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.