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1of10
Multi-Family for sale: 177 CARLTON STREET, Toronto
177 Carlton Street
$2,499,000
Toronto , Ontario M5A2K3
bed
12 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
C12722514
Type
Multi-family
Community Name
Moss Park
Land Size
20.5 x 130 FT
Parking Space Total
2
Building
Building Type
Multi-Family
Square Footage
2665 sqft
Bathrooms Total
12
Fireplace Present
No
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None
Utilities
Water
Municipal water
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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Listing provided by: RE/MAX HALLMARK REALTY LTD.

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

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Updated March 10th 2026 12:48 am

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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