194A Carlton Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Cabbagetown-South St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,739,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 16.94 x 100 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient water radiators heating
Description
Excellent investor opportunity with lots of character. Fully leased with excellent income offering a 4.8% cap rate. Two well established retail tenants (main and lower level) and two residential units (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 investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 194A Carlton Street, Toronto C08, ON M4X 1M7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,739,000 in Toronto, the legal minimum down payment is $347,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,255 also applies, bringing the total estimated land transfer taxes to $62,510.
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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.