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Travis

177 Carlton Street - $2,499,000

177 Carlton Street - $2,499,000

177 Carlton Street

$2,499,000

Moss Park
Toronto Moss Park, OntarioM5A2K3
11 beds
11 baths
2 parking
MLS#: C13435706Listed: about 1 month agoUpdated:about 1 month ago

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. (id:63050)

Details

Details for 177 Carlton Street, Toronto Moss Park, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
3
Neighborhood
Moss Park
Land Size
20.5 x 130 FT
Year Built
-
Annual Property Taxes
$13,200
Parking Type
No Garage
Inside
Appliances
-
Rooms
11
Bedrooms
11
Bathrooms
11
Fireplace
-
Fireplace Total
-
Basement
Finished, N/A
Building
Architecture Style
-
Direction
Cross Streets: Carlton St & Sherbourne St. ** Directions: South side of Carlton St, West of Seaton St.
Type of Dwelling
other
Roof
-
Exterior
Brick
Foundation
Concrete
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
20.5 x 130 FT
Zoning
-
Zoning Description
Cr1.5(C1;R1*1913)
Parking
Features
No Garage
Total Parking
2
Utilities
Cooling
Window air conditioner
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Lane
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 177 Carlton Street, Toronto Moss Park, Ontario
LevelNameDimensions
BasementBedroom
Bedroom
Ground levelBedroom
Bedroom
Bedroom
Bedroom
Second levelBedroom
Bedroom
Bedroom
Third levelBedroom
Bedroom

Map

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