184 Carlton Street Toronto, Ontario M5A 2K6

3 Bedroom 2 Bathroom
None

$998,000

Cabbagetown Mixed-Use Opportunity positioned at the gateway to historic Cabbagetown, offers a rare "value-add" opportunity for investors, developers, or owner-users. This two-story, mixed-use freehold property is a blank canvas requiring work to reach its significant market potential. With high visibility and a deep footprint, the property is perfectly suited for a retail space or boutique office with a premium residential unit above. The main floor is deep, high-ceilinged commercial space with prominent street-front display windows. The layout extends into a rear addition previously used as a workshop/storage area, complete with an existing two-piece washroom. Approximately 1500 Sq. Ft. with access to the rear mutual lane. The 2nd floor (approx. 900 sq. ft.): A sprawling, sun-filled apartment featuring high ceilings & original hardwood floors. The unit includes a large common area with French doors and a walkout to an expansive rear patio-a rare amenity in the downtown core. The roof membrane and shingles, fully replaced in March 2026, providing a secure envelope for the upcoming interior revitalization. This is a strategic acquisition for a buyer looking to capitalize on the rapid appreciation of the Sherbourne corridor. The property is being sold in "as-is" condition, offering a clean slate to reconfigure and modernize the space to achieve top-tier market rents. (id:15069)

Property Details

MLS® Number C12995158
Property Type Single Family
Community Name Cabbagetown-South St. James Town

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Separate Electricity Meters
Appliances Water Heater
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick, Concrete Block
Foundation Type Brick
Half Bath Total 1
Stories Total 2
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft ,9 In
Size Frontage 19 Ft
Size Irregular 19 X 100.79 Ft ; Easements
Size Total Text 19 X 100.79 Ft ; Easements
Zoning Description Cr 1.5 (c1.0; R1.0) Ss2 (x1884)

https://www.realtor.ca/real-estate/29600750/184-carlton-street-toronto-cabbagetown-south-st-james-town-cabbagetown-south-st-james-town

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