198 1/2 Carlton Street, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Cabbagetown-South St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 18.41 x 100 ft lot size
- Convenient lane garage included
- equipped with no central cooling and highly efficient radiant heating
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.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This store w apt/office located at 198 1/2 Carlton Street, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 198 1/2 Carlton Street, Toronto is in the Cabbagetown-South St. James Town neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cabbagetown-South St. James Town, Toronto.
- •Desirable Store W Apt/Office architecture in Cabbagetown-South St. James Town, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Frequently Asked Questions about 198 1/2 Carlton Street, Toronto, ON
Q.What is the asking price for 198 1/2 Carlton Street, Toronto, ON ?
The current listing price for 198 1/2 Carlton Street, Toronto, ON in Cabbagetown-South St. James Town, Toronto is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 198 1/2 Carlton Street, Toronto, ON ?
198 1/2 Carlton Street, Toronto, ON is a Store W Apt/Office () featuring a basement.
Q.What security features are installed at 198 1/2 Carlton Street, Toronto, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
Virtual Tour & 3D Walkthrough
Location
Google Street View
Open in Google MapsNeighborhood Safety & Crime Analytics
Toronto Average, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 198 1/2 Carlton Street, Toronto, ON M5A 2K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
Similar Listings in Cabbagetown-South St. James Town, Toronto
Explore all Just Listed Homes in Toronto →
Toronto Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Toronto
Elementary Schools
Secondary Schools
Toronto Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
Similar Active Listings in Toronto
Compare prices, square footage, and school zones for similar Commercial nearby
101 Toro Road, Unit 16, Toronto
Prime Opportunity to Own a Versatile Industrial Unit. A Great Opportunity for An Owner-User or Inves...
6210 Finch Avenue, Toronto
$$$ Very Well-Established Coin Laundromat, Excellent Profitability & Very High Net Income, Completel...
Address withheld, Toronto
Highly profitable and fully turnkey medical aesthetics clinic available for acquisition in Toronto. ...
2161 Yonge Street, Unit 6th Floor - Unit 9, Toronto
Demised options now available at 2161 Yonge Street, the premier office condo ownership opportunity a...