Excellent investor opportunity with character. Fully leased with excellent income. Two well established retail tenants (main and lower level) and two residential units with multiple private decks (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 residential/commercial investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU.
3 bedrooms, 4 bathrooms, about 2,500 sq ft, works out to roughly $660 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 194A Carlton St
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
2 spaces
Basement
Separate Entrance, Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Separate Entrance · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
194A Carlton St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13773804$1,649,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 194A Carlton St Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,101
/mo
based on the purchase price of $1,649,000
$329,800 cash
$1,319,200 financed
$1,111,113 total interest
Principal54%$1,319,200
Interest46%$1,111,113
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–6 bed homes for sale in Toronto around $1.6M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings12,081Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
194A Carlton St is listed at $1,649,000 (MLS® C13773804). Summitly updates the price as soon as the MLS® record changes.
Is $1,649,000 a good price for 194A Carlton St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 194A Carlton St changed?
No — 194A Carlton St is still listed at its original asking price of $1,649,000.
How many bedrooms and bathrooms does 194A Carlton St have?
194A Carlton St has 3 bedrooms and 4 bathrooms, with about 2,500–3,000 square feet of living space. It is a multiplex in Toronto.
Is 194A Carlton St close to transit?
The nearest rapid-transit station is College Station (Line 1), about 1.0 km (about a 13-minute walk) in a straight line. Sherbourne Station is about 1.0 km (about a 13-minute walk), and Wellesley Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 194A Carlton St?
About $8,101 a month — principal and interest on $1,649,000 with 20% down ($329,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 194A Carlton St compare with other homes in Toronto?
Its asking price of $1,649,000 is about 95% above the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 194A Carlton St been sold before?
Summitly has no earlier MLS® sale or lease of 194A Carlton St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 194A Carlton St?
194A Carlton St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 194A Carlton St been on the market?
57 days — 194A Carlton St was listed on September 10, 2026.
What is the price per square foot of 194A Carlton St?
About $550 to $660 per square foot: the asking price of $1,649,000 over the 2,500–3,000 sq ft the listing gives as its size range.
