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

Address

198 1/2 Carlton Street, Toronto, ON

Listing Type

Single Family

Price

$ 799,000

Property Attributes

ID#C13708838
TypeSingle Family
Listing Status Active
MunicipalityToronto
CityToronto
NeighbourhoodCabbagetown-South St. James Town
Postal CodeM5A 2K8
StyleSingle Family Dwelling
Price$ 799,000
Bedrooms4
Bathrooms2
Half Bathrooms0

Data Source:

RLP - CREA EN

Property 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.

General Features

Terms	SALE
Neighbourhood	Cabbagetown-South St. James Town
Property Sub Type	Single Family
jumpId	29044797
Property Subtype French	Single Family Dwelling
Listing Type French	House
MLS	C13708838
Appliances	Window Coverings
Building Type	Residential Commercial Mix
Features	Lane
Property Type	Single Family
Sewer	Sanitary sewer

Interior Features

Fireplace	yes
Bedrooms	4
Basement	Unfinished
Basement Type	Full
Cooling Type	None
Foundation Type	Block
Heating Fuel	Natural gas
Heating Type	Radiant heat
Beds	4
Total Baths	2
Total Baths	2