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Other for sale: 177 CARLTON STREET, Toronto
177 Carlton Street
$2,499,000
Toronto , Ontario M5A2K3
11 bed
11 bath
About the Property

Cross Streets: Carlton St & Sherbourne St. ** Directions: South side of Carlton St just West of Seaton St. An exceptional investment opportunity awaits with this legal non conforming 11-unit multiplex located in the highly desirable Cabbagetown neighbourhood. Zoned for mixed residential and commercial use, this well-maintained property offers flexibility and strong long-term income potential. All 11 units are fully self-contained, and individually metered, providing efficient management and consistent cash flow.

The building features a desirable unit mix of eight bachelor suites with unique half-story loft-style sleeping areas and three spacious one-bedroom apartments, appealing to a broad tenant base. Investors have the option to operate the property in its current, stabilized condition or pursue strategic improvements to unlock maximum annual rental income. Significant capital upgrades have already been completed, ensuring peace of mind and reduced future expenses. Improvements include a new roof (2010), furnace (2010), two 50-gallon hot water tanks (2010), updated windows (2010), and upgraded electrical wiring completed in phases (2012 and 2023). With its prime location, legal status, and strong fundamentals, this property represents a compelling opportunity for both seasoned and first-time investors. (id:27476)

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Property Details
MLS® Number
C12722508
Type
Multi-family
Community Name
Moss Park
Land Size
20.5 x 130 FT
Parking Space Total
2
Building
Building Type
Other
Storeys
3
Square Footage
2500 - 3000 sqft
Bathrooms Total
11
Bedrooms Above Ground
9
Bedrooms Total
11
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Window air conditioner
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Bedroom
Second level
3.48 m x 6.05 m
Bedroom
Second level
3.87 m x 4.66 m
Bedroom
Second level
9.75 m x 4.42 m
Bedroom
Third level
4.2 m x 6.4 m
Bedroom
Third level
4.66 m x 3.87 m
Bedroom
Basement
8.79 m x 5.87 m
Bedroom
Basement
7.78 m x 4.16 m
Bedroom
Ground level
4.35 m x 3.87 m
Bedroom
Ground level
4.66 m x 3.87 m
Bedroom
Ground level
5.15 m x 4.75 m
Bedroom
Ground level
4.8 m x 4.48 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$2,499,000 - 177 CARLTON STREET, Toronto Ontario M5A 2K3, Canada | Real Estate For Sale | HomeAds.ca

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Updated April 24th 2026 5:35 am

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+1 .647 .896 .7668
Email
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