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For saleMLS® C13591754

600 Parliament Street, Toronto, ON M4X 1R2

North St. James Town · C08 · M4X 1R2

$5,800,000

$1,179 / sq ft

3 months on market

Total area
4,919 sf
Lot
20.37 × 110.39 ft

What's special

  • Outside/surface garage
  • Yes

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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.

Property details

Property

Property type
investment
Interior size
4,919 sq ft
Lot size
20.37 × 110.39 ft
Zoning
Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$5,800,000
Property taxes
$25,888 / year (2025)
Price per sq ft
$1,179

Listing

MLS® number
C13591754
Status
For sale
Listed
July 22, 2026
Days on market
106
Last updated
October 8, 2026
Listing brokerage
FIRST CLASS REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 83% of comparable multi-unit / investment listings in Toronto are asking less.

$885KMedian $2.70M$8.22M
This home
$1,179 / sq ft
Comparable median
$699 / sq ft

Based on 96 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,160,000
$1,160,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$25,655.36
Property tax (est.)
$2,157.33
Estimated monthly
$27,813

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$131,475
Toronto municipal
$185,475
Total due on closing
$316,950

An estimate on the asking price of $5,800,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of FIRST CLASS REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,800,000

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