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Cabbagetown-South St. James Town, Toronto
$1,590,000
A rare opportunity to own a distinctive multi-unit historic home in the heart of Cabbagetown South. Offering three self-contained residential units and approximately 3,038 sq. ft. of total living space across four levels, this unique property presents an excellent opportunity for an end user, investor or multigenerational living!**The spacious main residence is filled with original charm and character, featuring beautiful wood trim and doors, exposed brick, expansive principal rooms, and newly installed engineered hardwood flooring throughout the main level. The generous eat-in kitchen features a breakfast bar, gas stove and walkout to a private backyard with convenient rear parking. An ideal opportunity for an owner-occupier to enjoy the character and space of the main residence while benefiting from rental income from the two upper suites.**Upstairs are two charming one-bedroom suites, both currently tenanted and each offering its own unique character. The second-level suite is a spacious 1+1 with over 800 sq. ft. of living space, featuring high ceilings, exposed brick, and plenty of character throughout.The top-floor suite is truly one of a kind and must be seen to be appreciated. Offering approximately 568 sq. ft., this distinctive space is filled with character, featuring soaring ceilings, skylights, exposed brick, beautiful original trim work, and its own private terrace.***Set within the Cabbagetown Southwest Heritage Conservation District, the property is surrounded by the neighbourhood's signature architecture, mature tree-lined streets, parks, restaurants, and strong sense of community. Enjoy exceptional downtown convenience, just an 8-minute walk to Yonge Street, Dundas subway station, and Allan Gardens Dog Park, with easy access to TMU, Eaton Centre, restaurants, cafés, shopping, and the Financial District. For commuters, the DVP is just a short 4 minute drive away, providing convenient access in and out of the city.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,700 |
| Lot Size | 17.5 ft x 97.33 ft |
| mls© Number | C13849994 |
| Listed By | RE/MAX PLUS CITY TEAM INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,138
- Property tax
- $558
- Heat allowance
- $150
- Housing costs
- $8,847 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$272,000
gross annual household income
- Payment at 4%
- $6,691 / mo
- Cash down
- $318,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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