$5,275,000 FOR SALE

Investment

Lot: 25 x 120 ftTotal Area: 3,840 ft2
2024 Taxes: $10,629

206 Carlton St
Toronto, ON M5A 2L1 | Cabbagetown-South St. James Town

Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance.

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Listed By INTERNATIONAL REALTY FIRM, INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9345098
Last Updated Sep 12, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - Over 20 Units
Category Apartment
PIN 210870324
Legal Description LT 3 PL D190 TORONTO; CITY OF TORONTO
Occupancy Tenant
Possession Date Immediate
Taxes (2024) $10,629
Tax Type Annual
Directions/Cross Streets Carlton & Shelburn
Neighbourhood Cabbagetown-South St. James Town
Area Toronto
Price History
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Detailed Information
Freestanding Y
Lot 25 x 120 ft
Total Area 3,840 ft2
Approximate Age 100+
Air Conditioning Y
Basement Y
Garage Type Double Detached
Parking Spaces 2
Heat Type Gas Forced Air Closd
Financial Statement Y
Outside Storage Y
Area Influences Public Transit, Subways
Sewers Sanitary
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning CR1.5
Seller Property Info Statement N

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