177 Carlton Street
Toronto C08
$2,499,000
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Home Details
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Listing 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.
City: Toronto C08
Mortgage Calculator
Your estimated monthly payment for 177 Carlton Street is 13,315
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2,499,000 |
| Down Payment | $499,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1,999,200 |
Monthly Payment
| Mortgage Payment | $12,320 |
| Property Taxes | $995 |
| Maintenance Fees | $0 |
| Monthly Payment | $13,315 |
About 177 Carlton Street, Toronto C08
Located at 177 Carlton Street , this Toronto C08 house is available for sale. This property was listed for $2,499,000 on Thu Jan 22 2026. It has 11 bedrooms and 11 bathrooms. The property includes the following rooms: . This property comes with 2 parking spots.
MLS#: undefined · $2,499,000 · 11 bedroom house in Toronto C08