184 Carlton Street Toronto, Ontario M5A 2K6
$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:55460)
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) |
Salesperson
(416) 966-0300
358 Davenport Road
Toronto, Ontario M5R 1K6
(416) 966-0300
(416) 966-0080
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 17 2026 02:06:34
Toronto Regional Real Estate Board
Sutton Group-Associates Realty Inc.