+44 more
11
Bedrooms
12
Bathrooms
2,665 sqft
Living Area
2
Parking
About This Property
This 11-bedroom, 12-bathroom multi-family in Toronto offers 2,665 sqft of living area. 3 storeys. The property has lot dimensions of 20.5 x 130 FT, cross street Carlton St & Sherbourne St, zoned Cr1.5(C1;R1*1913). The home features forced air, natural gas heating.
MLS Remarks
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. (id:60351)
Property History
MLS# C12722514| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jan 22, 2026 | Listed For Sale | C12722514 | $2,499,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
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