177 CARLTON STREET, Toronto (Moss Park)

2026-06-12
 

Quick Summary

Location
177 CARLTON STREET, Toronto (Moss Park), Ontario M5A2K3
Price
$2,499,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2500 - 3000 sqft
Bedrooms:
9 bed +2
Bathrooms:
11
Garages:
2

MLS®#C13435706

Property Description

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:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: N/A (Finished)
  • Cooling Type: Window air conditioner
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 2500 - 3000 sqft
  • Building Type: Other
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Lane

Land

  • Land Size: 20.5 x 130 FT
  • Sewer: Sanitary sewer

Structure

  • Structure: Shed

Zoning

  • Description: Cr1.5(C1;R1*1913)

Information entered by RE/MAX HALLMARK REALTY LTD.
Listing information last updated on: 2026-06-12 12:03:45


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$500,000

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