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For Sale

175 Grace Street

Palmerston-Little Italy, Toronto, ON
$4,500,000
12+3Bd
8Ba
4,250+sqft
4Parking
27 x 129 ftlot
$1059/sqft
MultiplexMLS# C13071502Listed 2026-05-0156 DOM
Basement
Finished

On the market for 56 days — longer than average. The seller may be open to negotiation.

About this home

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.

GarageRenovated

Rooms

Main Floor
Living Room4.10 × 3.90 m
Kitchen4.20 × 1.70 m
Bedroom1.98 × 1.98 m
Bedroom 25.02 × 3.35 m
Bedroom 33.65 × 3.35 m
Bedroom 43.96 × 2.74 m
Second Floor
Living Room3.04 × 2.74 m
Kitchen0.00 × 0.00 m
Bedroom3.20 × 3.20 m
Bedroom 24.26 × 3.20 m
Bedroom 33.96 × 3.20 m
Bedroom 45.18 × 3.65 m
Third Floor
Living Room0.00 × 0.00 m
Kitchen0.00 × 0.00 m
Bedroom0.00 × 0.00 m
Bedroom 20.00 × 0.00 m
Bedroom 30.00 × 0.00 m
Bedroom 40.00 × 0.00 m
Basement
Living Room0.00 × 0.00 m
Kitchen0.00 × 0.00 m
Bedroom0.00 × 0.00 m
Bedroom 20.00 × 0.00 m
Bedroom 30.00 × 0.00 m

Features

  • Other
  • Finished
  • Separate Entrance
  • Walk-Up
  • None
  • 3-Storey

Financials

Annual Taxes
$14,818

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield1.2% – 1.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market56 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 116.5% above estimate
Estimated range
$1.92M$2.23M
Mid-point $2.08M · ~$489/sqft
How this listing compares
$1.92MList · $4.50M$2.23M
Medium confidence·Based on 11 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$4,500,000
175 Grace Street, Toronto
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