Nest Seekers

An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Torontos Vibrant Downtown Core.

Toronto C08 M4X 1R2

Listing

Web ID:4702608
Website:https://www.nestseekers.com/4702608

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C5,980,000
($4,265,900)
(€3,827,400)
Annual Taxes:C25,888.13

Description

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.

Contact

Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
Fax: +1 212-252-9347
info@nestseekers.com
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