194A Carlton Street
Cabbagetown-South St. James Town, Toronto, M4X 1M7
$1,649,000
Listed 39 days ago · MLS® C13770602
About this home
Excellent investor opportunity with character. Fully leased with excellent income. Two well established retail tenants (main and lower level) and two residential units (second and third levels). Two parking spaces with laneway access. Many upgrades including rear stairwell and decks, 200 amp service, 4 hydro meters, new roof and sub panels in each unit. This is a turn key investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU.
Details
- Type
- Commercial Retail
- Lot
- 16.94 × 100 ft
- Garage
- None
- Property tax
- $15,346 (2025)
- Neighbourhood
- Cabbagetown-South St. James Town
- Municipality
- Toronto C08
Heating, cooling and services
- Heating
- Baseboard
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 2,755 Square Feet
More
- Possession
- Flexible
- Cross street
- Carlton and Ontario
History of this address
3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 College Subway16 min walk
- 🚇 Sherbourne Subway16 min walk
- 🚆 Toronto Union Station GO2.3 km
Within a 10-minute walk: 18 grocery stores, 139 cafés and restaurants, 23 parks, 25 pharmacies. Nearest grocery: Cabbagetown Organics (250 m). Nearest park: Winchester Square Park (50 m).
Schools nearby
Elementary
- Winchester Junior and Senior Public School
EQAO: Gr 6 reading 89%, math 57%4 min walk - Our Lady of Lourdes Catholic School Catholic
EQAO: Gr 6 reading 80%, math 43%6 min walk - Lord Dufferin Junior and Senior Public School
EQAO: Gr 6 reading 80%, math 30%8 min walk - Sprucecourt Junior Public School
EQAO: Gr 6 reading 85%, math 25%10 min walk
Secondary
- Jarvis Collegiate Institute
EQAO: Gr 9 math 34%, literacy test 80%8 min walk - Collège français French9 min walk
- Native Learning Centre11 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M4X
- Owners / renters
- 15% / 85%
- Median household income
- $58,800
- Average age
- 41
- Children under 15
- 12%
- Homes
- 1% detached, 81% high-rise
- Commute by transit
- 44%
- Population
- 19,896
Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 5.2%, Tamil 2.7%, Spanish 1.6%, Mandarin 1.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Cabbagetown-South St.James Town (2025): 26% above the Toronto average, down 8% from the year before.
- Assault40% above average
- Break and enter70% above average
- Auto theft59% below average
- Robbery85% above average
- Theft from vehiclesabout average
- Shootingsnone reported
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 14 active
-
306 GERRARD ST E · 400 mSite Plan · Under Review · applied 2026Site Plan Approval for an 11-storey mixed-use building containing 228 market and affordable residential units, plus office and community program space.Application details
-
405 SHERBOURNE ST · 200 mSite Plan · Application Received · applied 2026Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and…Application details
-
219 GERRARD ST E · 300 mSite Plan · Under Review · applied 2025Site Plan Approval for a 10-storey mixed use building with 60 purpose-built rental units and commercial uses at grade.Application details
-
325 GERRARD ST E · 450 mSite Plan · NOAC Issued · applied 2025Building 4A Proposal to construct a 26-storey tower, 10 storey mid-rise podium TCHC social housing building with 271 units, retail at grade along Gerrard…Application details
-
240 WELLESLEY ST E · 450 mPlan of Subdivision · Under Review · applied 2024Draft Plan of Subdivision to establish two development blocks with pedestrian and vehicular connections into and through the subject site. A new public park…Application details
-
383 SHERBOURNE ST · 200 mSite Plan · Appeal Received · applied 2023The proposal will introduce a 39 storey residential building representing an F.S.I. of 13.58 and lot coverage of 69%. The total GFA will be 20,328 sq. m.…Application details
21 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 2 km. Transit times · Driving times
Coming transit
- 🚧 Moss Park 1.0 km
- 🚧 Queen 1.4 km
- 🚧 Distillery District 1.5 km
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Interior Alterations · 2018 · Revocation PendingProposal for interior alterations to convert ground floor retail space to a restaurant, less than 30 seats.
- Multiple Projects · 2016 · ClosedProposal to replace existing rear fire escape, third floor deck and make interior alterations(windows and doors) to an existing mixed use…
10 permits on this block of the street in the last 2 years, including 2 new homes.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
36 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RIGHT AT HOME REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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