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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$799,000
Available - For Sale
Listing ID: C13708834
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
Tax Type: Annual
Occupancy by: Vacant
Address: 198 1/2 Carlton Street , Toronto, M5A 2K8, Toronto
Postal Code: M5A 2K8
Province/State: Toronto
Legal Description: PT LT 1 PL 214E TORONTO AS IN CA215206;
Directions/Cross Streets: Carlton & Parliament St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 2,678
Total Area Code:  Square Feet
Office/Appartment Area: 1073
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Radiant
Central Air Conditioning: No
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RARE REAL ESTATE

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

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Cabbagetown-South St. James Town
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Tax: $8,056.77
Maintenance Fee: $0
Beds: 0
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Fireplace: N
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