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Active

MLS® C12722514

177 Carlton St

Name: HouseIndex
Address: 100 King Street West, Toronto, ON, M5X 1A9, CA
Telephone: +1-647-849-9977
Price range: Free

Toronto C08, ON M5A 2K3

$2,499,000

Bathrooms

Type

Investment

Taxes (2025)

$11,939.75

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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.

Price & Status History

Price history is locked

Property Details

Property TypeInvestment

CommunityMoss Park

Washrooms12

Lot Dimensions20.5 × 130 ft

Dir/Cross StCarlton St & Sherbourne St

Garage TypeNone

Heating TypeGas Forced Air Open

A/CNo

Taxes (2025)$11,939.75

HSTIncluded In

Listed Date1/22/2026

Days on Market117 days

Possession30-60-90

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Guided by Vick Yogeswaran • REALTOR®

RE/MAX Realtron Realty Inc., Brokerage

15+ years experience in GTA real estate

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Listing Courtesy of:

RE/MAX HALLMARK REALTY LTD.

This listing is provided through the TRREB MLS® System.

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MLS® #C12722514

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MLS® Data Disclaimer: The listing data provided is courtesy of the Toronto Regional Real Estate Board (TRREB) and its members. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by TRREB. MLS® and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by members of CREA. REALTOR® is a trademark of REALTOR® Canada Inc., a corporation owned by CREA and the National Association of REALTORS®.

Data Accuracy: While every effort has been made to ensure the accuracy of the information, HouseIndex.ca makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.