600, Parliament, North St. James Town, Toronto, Commercial
- 12 baths |
- 4359 SQFT
Description
Commercial Sale Of Business For Sale.
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.
Community Features: Major Highway, Public Transit
Cross Street: Wellesley/Parliament
Key Facts
- Days on: 67 days
- Mls Status: New
- Bathrooms Total Integer: 12
- Lot Type: Lot
- Lot Width: 20.37
- Parking Spaces: 3
- Garage Type: Outside/Surface
- Heat Type: Gas Forced Air Open
- Cooling: Yes
- Building Area Total: 4359 Square Feet
- Retail Area: 1524 Sq Ft
Location 600, Parliament, North St. James Town, Toronto
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