view of front facade featuring mansard roof, roof with shingles, and brick siding Features: window mounted ac

More Photos More Photos

staircase featuring a textured ceiling, wood-type flooring, and ornamental molding Features: textured ceiling, crown molding, hardwood floor

view of miscellaneous property collateral

unfurnished living room featuring brick wall, a fireplace, wood finished floors, and vaulted ceiling Features: hardwood floor, fire alarm, natural light, vaulted ceiling, fireplace, brick wall

bar with brick wall, light countertops, dark wood-type flooring, white cabinets, and open shelves Features: hardwood floor, dishwasher, sink, natural light, fire alarm, open shelves, countertops, white cabinets, brick wall

bathroom with toilet and shower / washtub combination Features: combined bath shower, toilet, textured ceiling

view of miscellaneous listing collateral

foyer entrance with dark wood-style flooring, ceiling fan, and beamed ceiling Features: vent, natural light, beamed ceiling, ceiling fan, hardwood floor, notable chandelier, fire alarm

kitchen with white cabinetry, appliances with stainless steel finishes, dark wood finished floors, and open shelves Features: visible hinge cabinets, countertops, hardwood floor, sink, range oven, open shelves, white cabinets, refrigerator

unfurnished room featuring dark wood finished floors, a ceiling fan, beam ceiling, and healthy amount of natural light Features: hardwood floor, ceiling fan, natural light, beamed ceiling, refrigerator

unfurnished living room with a ceiling fan, dark wood finished floors, and beamed ceiling Features: hardwood floor, notable chandelier, ceiling fan, refrigerator, beamed ceiling, range oven

bathroom featuring vanity, tub / shower combination, and light tile patterned floors Features: vent, tile floor, vanity, sink, combined bath shower, mirror, toilet

entrance foyer featuring dark wood-style flooring and a chandelier Features: notable chandelier, hardwood floor, vent, fire alarm

detailed view of wood finished floors, crown molding, brick wall, a fireplace, and a textured ceiling Features: textured ceiling, hardwood floor, fireplace, crown molding

kitchen featuring open shelves, white cabinets, light wood-style flooring, stainless steel refrigerator, and light stone counters Features: stone countertops, vent, hardwood floor, white cabinets, refrigerator, sink, open shelves

kitchen with light wood-type flooring, a textured ceiling, and stainless steel fridge Features: refrigerator, textured ceiling, hardwood floor

full bath with toilet and shower combination Features: toilet, combined bath shower

interior space with dark wood finished floors Features: drywall, baseboards wall, wood finish floor, refrigerator

additional living space with dark wood-type flooring, ceiling fan, and beam ceiling Features: ceiling fan, drywall, wood finish floor, baseboards wall, natural light, textured ceiling, beamed ceiling, vaulted ceiling, bonus room

kitchen featuring stainless steel electric range oven, white cabinetry, decorative backsplash, light countertops, and dark wood-type flooring Features: white cabinets, range oven, backsplash, sink, drywall, countertops, open shelves, wood finish floor

kitchen featuring stainless steel appliances, dark wood-style floors, a textured ceiling, light countertops, and tasteful backsplash Features: sink, drywall, white cabinets, refrigerator, range oven, basement, ceiling fan, textured ceiling, baseboards wall, backsplash, open shelves, wood finish floor, countertops

unfurnished living room with dark wood-style flooring and a ceiling fan Features: baseboards wall, range oven, wood finish floor, wood wall, ceiling fan

bonus room featuring dark wood-style floors, ceiling fan, and beamed ceiling Features: textured ceiling, natural light, beamed ceiling, drywall, wood finish floor, ceiling fan, baseboards wall

bathroom with vanity and shower / washtub combination Features: combined bath shower, vanity, mirror, wood finish floor, toilet, drywall, full bathroom

unfurnished bedroom with brick wall and dark wood-type flooring Features: hardwood floor, brick wall, refrigerator

kitchen with freestanding refrigerator, electric range, red cabinets, a textured wall, and light tile patterned floors Features: refrigerator, stainless steel countertops, tile floor, sink, red cabinets, hardwood floor, fire alarm, visible hinge cabinets, range oven

kitchen featuring freestanding refrigerator Features: fire alarm, refrigerator

view of utilities Features: electric panel

kitchen featuring appliances with stainless steel finishes, white cabinetry, wooden counters, and dark wood-style floors Features: hardwood floor, kitchen peninsula, shaker cabinets, white cabinets, backsplash, range oven, butcher block countertops, sink, refrigerator, range hood

unfurnished living room with dark wood-type flooring and recessed lighting Features: low ceiling, refrigerator, u shaped kitchen, range oven, hardwood floor, sink

finished basement with dark wood-type flooring and recessed lighting Features: hardwood floor

laundry room with light wood-style floors and a sink Features: hardwood floor, refrigerator, sink, low ceiling

kitchen with dark stone counters and white cabinetry Features: white cabinets, sink, stone countertops

kitchen view of black electric stovetop, light stone counters, and white cabinets Features: stone countertops, white cabinets, stovetop, sink

spare room with baseboards and dark wood-type flooring Features: hardwood floor, low ceiling

bathroom featuring bathtub / shower combination, vanity, and tile walls Features: vanity, toilet, tile wall, combined bath shower, sink, tile floor

unfinished below grade area with a workshop area Features: workshop, electric meter, electric panel

utilities with heating unit Features: furnace

utility room with gas water heater Features: water heater

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For Sale - 177 Carlton Street, Toronto, Ontario

177 Carlton Street

Toronto , Ontario

11 11 $2,499,000

Est payment $12,000/mo

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Time on Jump 71 day

AI Summary *

Exceptional 11-unit multiplex in the sought-after Cabbagetown neighbourhood.
Zoned for mixed residential and commercial use for flexibility.
All units are self-contained and individually metered for efficient management.
Recent capital upgrades reduce future expenses and enhance property appeal.
Strong rental income potential with options for strategic improvements.

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Purchase Price

Term

Interest Rate

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Down Payment:
$ 124,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDC13435706

Address177 Carlton Street

CityToronto, Ontario

Price$2,499,000

Bed / Bath11 / 11 Full

Style3-Storey, Multiplex

ConstructionBrick

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 2.00

Listing Agency:
RE/MAX HALLMARK REALTY LTD.

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Listing Agency:
RE/MAX HALLMARK REALTY LTD.

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For Sale - 177 Carlton Street, Toronto, Ontario

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Property Info

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