CAONToronto (Cabbagetown-South St. James Town)198 1/2 Carlton Street

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198 1/2 Carlton St, Toronto, ON

Name: 198 1/2 Carlton St, For Sale in Toronto - Zoocasa
Brand: RARE REAL ESTATE
SKU: C13708838
Price: 799000 CAD

House

For Sale

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421

MLS® C13708838

Overview

Key Facts

Type Mixed Use

Levels Residential

Size -

Garage Yes

Taxes $8,057

Days Active 12

Lot Size

Approx. Age

MLS® Number C13708838

Property Address: 198 1/2 Carlton Street, Toronto (Cabbagetown-South St. James Town), ON, M5A2K8

Average square foot calculated using Size range provided by listing agent.

Description

Rarely offered and full of potential, this exceptional corner property in the heart of Toronto combines commercial visibility, residential income and exciting future possibilities. Set in a high-density urban setting, 198 1/2 Carlton St presents a unique opportunity for investors, entrepreneurs and developers alike.The property features a prominent street-facing storefront with excellent exposure and a spacious apartment above, creating an ideal live-and-work configuration or valuable income-producing asset. The existing building offers character, generous interior space and an outstanding opportunity to renovate, reposition and create something truly special.The rear of the property is where the possibilities really expand. A detached brick garage with convenient laneway access provides an exciting opportunity for a future laneway suite or ADU, additional living space, creative studio, office or income-producing space with an existing loft currently constructed. The private rear area adds another valuable dimension rarely found with a central Toronto corner property.The prominent corner lot offers exceptional visibility, multiple exposures and a distinctive footprint in an area experiencing continued urban growth and intensification. With high-density development surrounding the property, this location presents exciting long-term potential for expansion, redevelopment or maximizing the existing site.Whether you're looking for a highly visible commercial space with residential income above, a live/work opportunity, an investment property with multiple revenue possibilities, or a site with future development potential, this property offers an extraordinary range of options.A truly unique Toronto offering with a storefront, apartment, corner exposure, rear garage and laneway access - all in one of the city's most dynamic urban locations. Opportunities like this are becoming increasingly rare. (id:58753)Show Description

MLS® NumberC13708838

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementUnfinished, Full

DrivewayDetached Garage, Garage

Garage Spaces

HeatRadiant heat, Natural gas

A/CNone

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $799,000 and $1,726,000.

Similar properties in this area sold on average for: $1,416,684

Expected to sell in 14 days. Similar properties sold in 26 days. This home has been on Zoocasa for 12 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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