For Sale MLS® C13591754

600 Parliament Street

North St. James Town · Toronto C08 · ON · M4X 1R2

On market 59 days

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4,359 Sqft
20.4 × 110.4 ft Lot
Other Type

About this property

7% Plus Return In Downtown Toroto , An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In 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 Toronto's 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.

Key facts

Type Investment
Property use Accommodation
Lot 20.4 × 110.4 ft
Zoning Commercial
Size 4,359 sqft
Taxes $25,888/2025
Utilities Yes
Water / Sewer Municipal
Days on market 59
Neighbourhood North St. James Town
Property details
Property type Investment
Possession Flexible · 2026-08-31
Occupancy Owner
Cross street Parliament/Wellesley
Building & utilities
Heat Gas Forced Air Open
A/C Yes
Water Municipal
Utilities Yes
Parking
Garage Outside/Surface
Lot
Width / Depth 20.4 ft · 110.4 ft
Type Building
Zoning Commercial
Property use Accommodation
Commercial details
Building area 4,359
Financial
Taxes $25,888/2025
Features & amenities

Community

Major HighwayPublic Transit

Mortgage calculator

$27,098/moMonthly payment
$4,640,000Mortgage amount
$3,489,385Total interest
$9,289,385Total cost

Location

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Cross street: Parliament/Wellesley

Market Overview

Toronto C08

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MLS® C13591754 Brokerage FIRST CLASS REALTY INC. Listed Jul 22, 2026 Updated Jul 22, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.

Last updated: September 20, 2026.

$5,800,000
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