7 Plus Return In Downtown Toroto, An Exceptional Investment Opportunity Awaits At 600 Parliament Street, Ideally Situated In Vibrant Downtown Core.
| Website: | https://www.nestseekers.com/5649832 |
|---|---|
| Address: | Toronto C08 M4X 1R2 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C5,800,000
($4,116,400)
(€3,607,500)
Annual Taxes:C25,888
Description
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.
Amenities
- Major Highway
- Public Transit
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario Phone: +1 905-851-9099 |