175 Grace Street, Toronto C01, ON

$4,500,000
MLS#:C13071502
15 beds
8 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 15 Bedrooms and 8 Bathrooms with 4 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 27 x 129 ft lot
  • Features a ["finished", "separate entrance", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Fully renovated Multiplex in a prime, high-demand downtown location, offering a rare turnkey investment opportunity with strong income potential. This exceptional property comprises four self-contained units: Units 1 & 2 & 3 each feature 4 spacious bedrooms and 2 full bathrooms, while the lower-level unit offers a well-designed 3-bedroom, 2-bathroom layout. All units have been extensively upgraded with modern, high-quality finishes, including new flooring, contemporary kitchens with stainless steel appliances, and elegantly renovated bathrooms. Each suite is equipped with its own private in-suite laundry, enhancing tenant convenience and desirability. Bright, functional layouts with generous principal rooms and large windows provide abundant natural light throughout. A newly constructed rear fire escape staircase has also been added to enhance safety and meet current building standards. The property includes a highly sought-after detached 4-car garage at the rear, offering valuable parking in this dense urban setting. Additional features include a rooftop sun deck with seasonal CN Tower views, adding further appeal for tenants. Ideally situated in one of Toronto's most desirable downtown neighborhoods, just steps to U of T, College Street, Metro grocery, cafés, restaurants, parks (Trinity Bellwoods, Bickford), YMCA, and the Bob Abate Community Centre. A truly turnkey, low-maintenance asset in an unbeatable location.

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Key Features

Bedrooms
15
Bathrooms
8
Kitchens
4
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size27 × 129 Feet
CountyToronto
Annual Tax$14,818
Legal DescriptionPt Lt 7-8 Pl 1190 City West As In Wb214212

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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175 Grace Street, Toronto C01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 175 Grace Street, Toronto C01, ON M6G 3A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,600,000
Monthly Mortgage$20,917
Property Tax (Est.)$1,235
Utilities & Maint.$350
Total Monthly Cost$22,502

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Palmerston Little Italy, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,794,150

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Montrose
Public301 Montrose Avenue, Toronto, Ontario, M6G 3G9
7.9
Clinton Street
Public460 Manning Avenue, Toronto, Ontario, M6G 2V7
7.7
King Edward
Public112 Lippincott Street, Toronto, Ontario, M5S 2P1
4.8
Pierre-Elliott-Trudeau
Public65 Mansfield Avenue, Toronto, Ontario, M6J 2S4
6.8
Ossington/Old Orchard
Public380 Ossington Avenue, Toronto, Ontario, M6J 3A5
9.5

Secondary Schools

Harbord
Public286 Harbord Street, Toronto, Ontario, M6G 1G5
7.5
Central Commerce
Public570 Shaw Street, Toronto, Ontario, M6G 3L6
6.7
Central
Public725 Bathurst Street, Toronto, Ontario, M5S 2R5
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.