Bathrooms | Bedrooms | Property Type |
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Multi-family |
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:31565)
Amenity Near By | |
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Features | |
Maintenance Fee | |
Maintenance Fee Payment Unit | |
Management Company | |
Ownership | |
Parking |
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Transaction | For sale |
Cooling Type | Fully air conditioned |
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Fireplace Present | |
Heating Fuel | Natural gas |
Heating Type | Other |
Size Interior | 4359 sqft |
Type | Multi-Family |
Utility Water | Municipal water |