175 Grace Street

Toronto, ON M6G 3A7 ( Palmerston-Little Italy)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 14,818 ( 2025)

Updated: 2026-05-01 19:23:32

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.

Extras

Multiplex

Property

Status: For Sale

MLS #: C13071502

Price: $ 4,500,000

Address: 175 Grace Street

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 14,818

Tax Year: 2025

Lot Size:

Neighbourhood: Palmerston-Little Italy

Nearest Intersection: College Street & Grace Street

City: Toronto

Postal Code: M6G 3A7

DOM: 2 Days

Last Update: 2026-05-01 19:23:32

 

Building

Interior

Bedrooms: 15

Bathrooms: 8

Rooms: 20

Kitchens: 4

Family Room:

Fireplace:

Basement: Finished Separate Entrance Walk-Up,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 4.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: None

Water:

Sewers:

 

Features

 

Rooms