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Active

600 Parliament St

Toronto C08, ON M4X 1R2

$5,980,000

600 Parliament St, Toronto C08Listed at $5,980,000 Sale Of Business. MLS® C12712810.

1,523.6Sq Ft
Coin Laundromat
Sale Of Business
$25,888.13 (2025)

Description

An Exceptional Investment Opportunity Awaits At 600 Parliament Street, In The Heart Of Torontos Thriving Downtown Core. This Property is over 4,300 Sq. Ft.+ Anchored By A Highly Profitable, Well-Established Laundromat. 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.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeSale Of Business
Business TypeCoin Laundromat
Property UseWith Property
Occupant TypeOwner
Hours of Operation7AM - 11PM
FranchiseNo
Chattels IncludedYes
Full-Time Employees1
Financial StatementsAvailable
Showing RequirementsSee Brokerage Remarks
Possession TypeFlexible
Listing Expires7/19/2026

Commercial Space & Financials

Retail Area1,523.6 Sq Ft

Property Details

Property TypeSale Of Business
CommunityNorth St. James Town
Lot Size2,249 sq ft
Lot Dimensions20.37 × 110.39 ft
Lot Size Area2,249 sqft (MPAC)
Dir/Cross StWellesley St E / Parliament St
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$25,888.13
HSTIn Addition To
Listed Date1/20/2026
Days on Market140 days
PossessionTBA
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: LPT REALTY

MLS® #C12712810

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the North St. James Town community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →