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$799,000
Available - For Sale
Listing ID: C13708838
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.
Price $799,000
Taxes: $8,056.77
Occupancy by: Vacant
Address: 198 1/2 Carlton Street , Toronto, M5A 2K8, Toronto
Directions/Cross Streets: Carlton & Parliament St.
Rooms: 7
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  4 Second
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  4 Second
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Main
Washroom 17:  4 Second
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Property Type: Store W Apt/Office
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 0
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RARE REAL ESTATE

198 1/2 Carlton Street , Toronto, M5A 2K8, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Store W Apt/Office
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Cabbagetown-South St. James Town
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $8,056.77
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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