177 Carlton Street

ActiveRegent Park / Cabbagetown / St. James Town · Moss Park55 days on marketMLS® C13435706
$2,499,000
$1,000 / sq ft
Bedrooms11
Bathrooms11
Interior2,500 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market55

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberC13435706
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size2,500 sq ft
Beds / Baths11 bed · 11 bath
NeighbourhoodMoss Park
CityRegent Park / Cabbagetown / St. James Town
Postal CodeM5A 2K3
ProvinceON
Listed DateJune 12, 2026
Days on Market55
Price per Sq Ft$1,000
BrokerageRE/MAX HALLMARK REALTY LTD.

Location

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Listed by RE/MAX HALLMARK REALTY LTD.