Get $4,123 Cash Back
194A CARLTON STREET, Toronto (Cabbagetown-South St. James Town) — listed at $1,649,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investor opportunity with character. Fully leased with excellent income. Two well established retail tenants (main and lower level) and two residential units with multiple private decks (second and third levels). Two parking spaces with laneway access. Many upgrades including rear stairwell and decks, 200 amp service, 4 hydro meters, new roof and sub panels in each unit. This is a turn key residential/commercial investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU. (id:60164)
What's the parking situation?+
This property includes 2 spaces — No Garage.
What makes this a luxury property?+
At $1,649,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Cabbagetown-South St. James Town) before counting on it.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $15,346, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — wall unit cooling is in place.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale12 days16
For Sale25 days36
For Sale1 day30
For Sale46 days24
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.