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Multiplex for sale at 175 Grace Street, Toronto C01 - 15 bedroom, 8 bathroom - Photo 1 of 50
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Inactive

$4,500,000

175 Grace St

Toronto C01, ON M6G 3A7

175 Grace St, Toronto C01 — Listed at $4,500,000. 15 bedroom, 8 bathroom 3-Storey Multiplex. MLS® C13071502.

15Beds
8Baths
3500-5000sqft
Multiplex
3-Storey
4Parking
$14,818Taxes/yr · 2025
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Description

Fully renovated Multiplex in a prime, high-demand downtown location, offering a rare turnkey investment opportunity with strong income potential. This exceptional property comprises four self-contained units: Units 1 & 2 & 3 each feature 4 spacious bedrooms and 2 full bathrooms, while the lower-level unit offers a well-designed 3-bedroom, 2-bathroom layout. All units have been extensively upgraded with modern, high-quality finishes, including new flooring, contemporary kitchens with stainless steel appliances, and elegantly renovated bathrooms. Each suite is equipped with its own private in-suite laundry, enhancing tenant convenience and desirability. Bright, functional layouts with generous principal rooms and large windows provide abundant natural light throughout. A newly constructed rear fire escape staircase has also been added to enhance safety and meet current building standards. The property includes a highly sought-after detached 4-car garage at the rear, offering valuable parking in this dense urban setting. Additional features include a rooftop sun deck with seasonal CN Tower views, adding further appeal for tenants. Ideally situated in one of Toronto's most desirable downtown neighborhoods, just steps to U of T, College Street, Metro grocery, cafés, restaurants, parks (Trinity Bellwoods, Bickford), YMCA, and the Bob Abate Community Centre. A truly turnkey, low-maintenance asset in an unbeatable location.

Property Details

Property TypeMultiplex
Style3-Storey
CommunityPalmerston-Little Italy
Rooms23
Kitchens4
Washrooms8
Square Feet3500-5000 sqft
Lot Dimensions27 × 129 ft
Fronting OnEast
Dir/Cross StCollege Street & Grace Street
Garage TypeDetached
DrivePrivate
Parking Drive Spaces4
Total Parking Spaces4
ExteriorBrick
RoofShingles
FoundationConcrete, Brick
BasementFinished, Separate Entrance, Walk-Up
Fireplace FeaturesYes
Heating TypeForced Air
Heating SourceGas
SewersSewer
Taxes (2025)$14,818
HSTIncluded In
Listed Date5/1/2026
Days on Market195 days
Possession30/60/90/Tba

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Listing Courtesy of: RE/MAX REALTRON WENDY ZHENG REALTY

MLS® #C13071502

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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HouseIndex Take: 175 Grace Street

This multiplex (3-Storey) is located in the Palmerston-Little Italy neighbourhood of Toronto.

The home offers 15+3 bedrooms, 8 bathrooms.

Features include a finished, separate entrance, walk-up basement, 4 parking spaces, a fireplace.

Additional details: lot dimensions of 27 × 129 feet.

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About Toronto Real Estate

This Multiplex is located in the Palmerston-Little Italy 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 →