177 Carlton Street

Toronto, ON M5A 2K3 ( Moss Park)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 11,940 ( 2025)

Updated: 2026-01-22 21:48:27

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.

Extras

Multiplex

Property

Status: For Sale

MLS #: C12722508

Price: $ 2,499,000

Address: 177 Carlton Street

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 11,940

Tax Year: 2025

Lot Size:

Neighbourhood: Moss Park

Nearest Intersection: Carlton St & Sherbourne St

City: Toronto

Postal Code: M5A 2K3

DOM: 58 Days

Last Update: 2026-01-22 21:48:27

 

Building

Interior

Bedrooms: 11

Bathrooms: 11

Rooms: 11

Kitchens: 11

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 2.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Window Unit(s)

Water:

Sewers:

 

Features

 

Rooms