Originally built in 1905, this three-story walk-up has been modernized and now features 13 self-contained units in the historic and vibrant Cabbagetown neighborhood. The unit mix consists of 10 bachelor units and 3 one-bedroom units, all separately metered. Each unit has been renovated with machined hardwood flooring, modern finishes, and contemporary appliances. Designed for comfortable and efficient living, the bright and well-lit units provide excellent access to all amenities in Toronto's downtown core. Strategically located, the property is just steps from the Street Car, and within walking distance of the University of Toronto, Toronto Metropolitan University, and George Brown College. It is also in close proximity to Dundas Square and Torontos Financial District, making it an attractive option for professionals and students alike. This investment offers a stabilized, market-rate asset with a strong capitalization rate, exceeding industry averages for the area delivering immediate value on Day 1 of ownership.
Address
210 Carlton Street
List Price
$3,700,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
County
Toronto
Lot Depth
120.11
Lot Type
Lot
Lot Size Units
Feet
Lot Width
25.03
MLS® Number
C12082803
Listing Brokerage
KAIZEN CAPITAL REALTY PARTNERS
Postal Code
M5A 2L1
Tax Amount
$18,355.00
Tax Year
2024
Heat Type
Radiant
Cooling Features
No
Garage Type
None