177 Carlton Street
Toronto (Moss Park), Ontario M5A2K3
MLS # C13435706
Property Details
Type
Multi-Family
Beds
11
Baths
11
Status
For Sale
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About this property
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.
Mortgage Estimate
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Property taxes: about $1,100/month based on listed annual taxes.
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Rooms
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Basement | 8.79 x 5.87 |
| Bedroom | Basement | 7.78 x 4.16 |
| Bedroom | Ground level | 4.35 x 3.87 |
| Bedroom | Ground level | 4.66 x 3.87 |
| Bedroom | Ground level | 5.15 x 4.75 |
| Bedroom | Ground level | 4.8 x 4.48 |
| Bedroom | Second level | 3.48 x 6.05 |
| Bedroom | Second level | 3.87 x 4.66 |
| Bedroom | Second level | 9.75 x 4.42 |
| Bedroom | Third level | 4.2 x 6.4 |
| Bedroom | Third level | 4.66 x 3.87 |
Facts & Location
Parking
2 spaces
Lot Size
20.5 x 130 FT
Annual Taxes
$13,200
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Aug 17, 2026 4:00 AM
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