600 Parliament Street, Toronto, ON M4X 1R2
North St. James Town · C08 · M4X 1R2
$5,800,000
$1,179 / sq ft3 months on market
- Bathrooms
- 12
- Total area
- 4,919 sf
- Lot
- 20.37 × 110.39 ft
What's special
- Outside/surface garage
- Yes
About this property
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.
Property details
Property
- Property type
- business
- Bathrooms
- 12
- Interior size
- 4,919 sq ft
- Lot size
- 20.37 × 110.39 ft
- Zoning
- Commercial
- Possession
- tba
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
- C13592534
- 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 100% of comparable business for sale listings in Toronto are asking less.
- This home
- $1,179 / sq ft
- Comparable median
- $116 / sq ft
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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