177 Carlton Street
Just listed! New listings in Toronto often receive offers within the first week.
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.
Rooms
| Bedroom | 3.48 × 6.05 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 3.87 × 4.66 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 9.75 × 4.42 m | 4 Pc Ensuite W/O To Deck Separate Room |
| Bedroom | 4.20 × 6.40 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 4.66 × 3.87 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 8.79 × 5.87 m | 4 Pc Bath Window Separate Room |
| Bedroom | 7.78 × 4.16 m | 4 Pc Bath W/O To Yard Separate Room |
| Bedroom | 4.35 × 3.87 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 4.66 × 3.87 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 5.15 × 4.75 m | 4 Pc Ensuite Combined w/Br Combined w/Kitchen |
| Bedroom | 4.80 × 4.48 m | 4 Pc Ensuite W/O To Deck W/O To Deck |
Features
- Other
- Finished
- Window Unit(s)
- 3-Storey
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Our estimate for this home
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.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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