For Sale: 177 Carlton Street, Toronto, ON - REW
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$2,499,000
9 + 2 bd • 11 ba • 2500 - 3000 sf • House
177 Carlton Street
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$2,499,000
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177 Carlton StreetToronto, ON, M5A 2K3

Cabbagetown-South St. Jamestown
  • 9 + 2 Bed
  • 11 Bath
  • 2500 - 3000 Sqft
  • House

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.
Listed by: William Briggs Wilkinson, Salesperson, RE/MAX HALLMARK REALTY LTD.

Home facts and features

Price details
List Price
$2,499,000
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Gross Taxes for 2026
$13,200
Home facts
Bedrooms
9 + 2
Full Bathrooms
11
Parking Spaces
2
Parking Details
Lane
Property Type
House
Lot Size
20 ft x 130 ft (2665 ft²)
Depth
130.0
Frontage
20.5
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Window Unit(s)
Basement Details
Finished
Community
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK REALTY LTD.
Listing details
Days on REW
44 Days
Property Views
54
MLS® Number
C13435706
Source
Toronto Real Estate Board
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25 Years
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Property Insights

Winchester Junior & Senior Public School
  • Public
  • JK - 8
Our Lady of Lourdes Catholic School
  • Catholic
  • JK - 8
Lord Dufferin Junior & Senior Public School
  • Public
  • JK - 8
Collège français
  • Public
  • 7 - 12
Canada's National Ballet
  • Private
  • 6 - 12
Jarvis Collegiate Institute
  • Public
  • 9 - 12
Church Street School
  • Public
  • JK - 6
Sprucecourt Junior Public School
  • Public
  • JK - 8
TAIE International Institute
  • Private
  • 10 - 12
É Élém Gabrielle-Roy
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
William Briggs Wilkinson
Phone:
(416) 465-7850
Office:
416-465-7850
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.