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$ 998,000
Est. payment /mo
New
184 Carlton ST Toronto C08, ON M5A 2K6
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Municipality Toronto C08
Subdivision Cabbagetown-South St. James Town
MLS Listing ID C12995158
Style 2-Storey
Bedrooms 3
Annual Tax Amount $19,574
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Rooms
Family Room No
Basement Unfinished, Partial Basement
Kitchen 1
Interior
Interior Features Water Heater Owned, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Pool None
Roof Type Asphalt Rolled,Asphalt Shingle
Lot Frontage 19.0
Lot Depth 100.79
Building
Foundation Brick
Others
Security Features None
ParcelsYN No
Listed by SUTTON GROUP-ASSOCIATES REALTY INC.