$2,499,000
177 Carlton Street, Toronto, ON M5A 2K3
Moss Park · Toronto · M5A 2K3
Listing brokerage: RE/MAX HALLMARK REALTY LTD.
- Beds
- 9+2
- Baths
- 11
- Sq ft
- 2500–3000
- Parking
- 2
The home
- Parking
- 2 spots
About this home
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.
All details6 more from the listing · Interior, Listing
Interior
- Bedrooms
- 9+2
- Bathrooms
- 11
- Size
- 2500-3000 sq ft
Listing
- MLS® number
- C13435706
- Type
- Multiplex
- Neighbourhood
- Moss Park
History
Past listings and sales for this home and building.
Location
177 Carlton Street, Toronto, ON M5A 2K3
Monthly cost
Estimated monthly cost
$11,065/mo
- Mortgage
- $11,065
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Property tax not included. Speak with a lender for an exact figure.
Cash to close
Cash to close
$599,450
$499,800 down + $99,650 to $100,900 in closing costs
- Ontario land transfer tax
- $48,950
- Toronto land transfer tax
- $48,950
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$2,499,000
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