206 Carlton Street, Toronto | Image 1
$5,275,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: CR1.5

  • Age: 100+ years

  • Taxes: 10629

  • MLS®#: C9345098

  • Added: Sep 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: INTERNATIONAL REALTY FIRM, INC.

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.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Toronto

  • Community: Cabbagetown-South St. James Town

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Double Detached

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 3 PL D190 TORONTO; CITY OF TORONTO

  • Taxes: $10,629

  • Taxes Type: Annual

Land

  • Cross Street: Carlton & Shelburn

  • Municipality District: Toronto C08

  • Parcel Number: 210870324

  • Sewer: Sanitary

  • Lot Depth: 120 Feet

  • Lot Frontage: 25 Feet

  • Zoning: CR1.5

Commercial Specific

  • Total Area: 3840

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Subways

  • Franchise: N

  • Lot Code: Lot

  • Financial Statement: Y

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Walker's Paradise

  • Daily errands do not require a car.
95 /100

Rider's Paradise

  • Daily errands do not require a car.
90 /100

Biker's Paradise

  • Daily errands do not require a car.
99 /100
6-8

Msgr Fraser College (OL Lourdes Campus)

Elementary: Catholic
0.43 km
JK-8

Sprucecourt Junior Public School

Elementary: Public
0.53 km
JK-8

Winchester Junior and Senior Public School

Elementary: Public
0.23 km
JK-8

Lord Dufferin Junior and Senior Public School

Elementary: Public
0.42 km
JK-8

Our Lady of Lourdes Catholic School

Elementary: Catholic
0.42 km
JK-6

Rose Avenue Junior Public School

Elementary: Public
0.72 km
9-12

Msgr Fraser College (St. Martin Campus)

Secondary: Catholic
0.62 km
9-12

Native Learning Centre

Secondary: Public
0.73 km
9-12

Collège français secondaire

Secondary: Public
0.58 km
9-12

Msgr Fraser-Isabella

Secondary: Catholic
0.83 km
9-12

Jarvis Collegiate Institute

Secondary: Public
0.57 km
9-12

Rosedale Heights School of the Arts

Secondary: Public
1.16 km
  • Parking

    228 Carlton Street, Toronto 0.09km
  • 450 Mini Mart

    450 Parliament Street, Toronto 0.2km
  • Sarker Grocery

    423 Parliament Street, Toronto 0.29km
  • Irv & Co

    468 Ontario Street B, Toronto 0.05km
  • Barrel Select Inc.

    169 Carlton Street, Toronto 0.16km
  • LCBO

    512 Parliament Street A, Toronto 0.22km
  • The Irv Gastro Pub

    195 Carlton Street, Toronto 0.05km
  • Zakkushi on Carlton

    193 Carlton Street, Toronto 0.06km
  • Stout Irish Pub

    221 Carlton Street, Toronto 0.11km
  • Velvet Lane Cakes

    194A Carlton Street, Toronto 0.06km
  • Playground Cafe

    492 Parliament Street, Toronto 0.18km
  • JetFuel Coffee Shop

    519 Parliament Street, Toronto 0.23km
  • Meridian Credit Union

    486 Parliament Street, Toronto 0.18km
  • CIBC Branch with ATM

    245 Carlton Street, Toronto 0.18km
  • TD Canada Trust Branch and ATM

    493 Parliament Street, Toronto 0.21km
  • Esso

    581 Parliament Street, Toronto 0.37km
  • Circle K

    581 Parliament Street, Toronto 0.38km
  • Petro-Canada

    505 Jarvis Street, Toronto 0.69km
  • InnerCity Martial Arts

    492 Parliament Street, Toronto 0.18km
  • Parliament Street Fitness

    488 Parliament Street, Toronto 0.18km
  • Eagle TaeKwonDo Academy - Toronto Martial Arts Club

    493 Parliament Street, Toronto 0.2km
  • Winchester Square Park Community Garden

    1M7, Hume Lane, Toronto 0.06km
  • Winchester Square Park Community Garden

    Old Toronto 0.06km
  • Winchester Square Park

    474 Ontario Street, Toronto 0.09km
  • Toronto Public Library - Parliament Street Branch

    269 Gerrard Street East, Toronto 0.3km
  • Toronto Public Library - St. James Town Branch

    495 Sherbourne Street, Toronto 0.51km
  • Frederic Urban, Private Studio and Library

    1002-70 Alexander Street, Toronto 0.84km
  • Carlton Skin Clinic

    187 Carlton Street, Toronto 0.07km
  • SHC-ARC

    333 Sherbourne Street, Toronto 0.23km
  • Dipa Nath

    Ontario Street, Toronto 0.24km
  • Cabbagetown Pharmacy

    239 Carlton Street, Toronto 0.16km
  • Shoppers Drug Mart

    467 Parliament Street, Toronto 0.23km
  • Pulse Rx Inc

    345 Sherbourne Street, Toronto 0.24km
  • Valuesbig Inc.

    1904-240 Wellesley Street East, Toronto 0.49km
  • Rabaa store

    148 Wellesley Street East, Toronto 0.57km
  • VL123-Stores

    230 Sackville Street, Toronto 0.75km
  • Imagine Cinemas Carlton Cinema

    20 Carlton Street, Toronto 0.95km
  • Cineplex Cinemas Yonge-Dundas and VIP

    402-10 Dundas Street East, Toronto 1.16km
  • Lewis Kay Casting

    10 Saint Mary Street, Toronto 1.37km
  • The Irv Gastro Pub

    195 Carlton Street, Toronto 0.05km
  • Stout Irish Pub

    221 Carlton Street, Toronto 0.11km
  • House on Parliament

    454 Parliament Street, Toronto 0.19km
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