Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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600 Parliament Street
North St. James Town Toronto M4X 1R2

$5,800,000 /For Sale
Commercial

Main Photo: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 1: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 2: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 3: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 4: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 5: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Photo 6: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13592534
Bus Major:
Coin Laundromat
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 Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
4359 sq. ft. Square Feet
Total Area:
4,359 sq. ft.
Retail Area:
1524 sq. ft. Sq Ft
Lot Depth:
110'5"
Lot Frontage:
20'4½"
Bathrooms:
12.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Parking Spaces:
3
Possession Details:
tba
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$25,888 / 2025
Assessment:
$- / 2025
Toronto
Toronto C08
North St. James Town
Major Highway, Public Transit
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Coin Laundromat
Category:
With Property
Franchise:
No
Hours Open:
7am-11pm
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
3
Date Listed:
Jul 22, 2026
Original Price:
Previous Price:
  • Photo 1: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
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  • Photo 2: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
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  • Photo 3: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
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  • Photo 4: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
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  • Photo 5: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
    Photo 5 of 6
  • Photo 6: 600 Parliament Street in Toronto: North St. James Town Commercial for sale (Toronto C08)  : MLS®# C13592534
    Photo 6 of 6
Listed by FIRST CLASS REALTY INC. and LPT REALTY
Data was last updated July 23, 2026 at 07:15 PM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.