Cabbagetown Mixed-Use Opportunity positioned at the gateway to historic Cabbagetown, offers a rare "value-add" opportunity for investors, developers, or owner-users. This two-story, mixed-use freehold property is a blank canvas requiring work to reach its significant market potential. With high visibility and a deep footprint, the property is perfectly suited for a retail space or boutique office with a premium residential unit above. The main floor is deep, high-ceilinged commercial space with prominent street-front display windows. The layout extends into a rear addition previously used as a workshop/storage area, complete with an existing two-piece washroom. Approximately 1500 Sq. Ft. with access to the rear mutual lane. The 2nd floor (approx. 900 sq. ft.): A sprawling, sun-filled apartment featuring high ceilings & original hardwood floors. The unit includes a large common area with French doors and a walkout to an expansive rear patio-a rare amenity in the downtown core. The roof membrane and shingles, fully replaced in March 2026, providing a secure envelope for the upcoming interior revitalization. This is a strategic acquisition for a buyer looking to capitalize on the rapid appreciation of the Sherbourne corridor. The property is being sold in "as-is" condition, offering a clean slate to reconfigure and modernize the space to achieve top-tier market rents.
Address
184 Carlton Street
List Price
$998,000
MLS® Status
New
Expiration Date
2026-08-12
Property Type
Residential Freehold
Type of Dwelling
Store W Apt/Office
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
Region
Toronto
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
7
Bathrooms
2
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
Survey
Lot Depth
100.79
Lot Irregularities
easements
Lot Size Units
Feet
Lot Width
19
Parcel Number
210870112
Occupant Type
Vacant
Cross Street
Sherbourne & Carlton
MLS® Number
C12995158
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Basement Area
Unfinished, Partial Basement
Postal Code
M5A 2K6
Parking
Mutual
Tax Amount
$19,574.26
Tax Year
2025
Interior Features
Water Heater Owned, Separate Hydro Meter
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Construction Materials
Brick, Concrete Block
Direction Faces
North
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Rolled, Asphalt Shingle
Tax Legal Description
PT PARKLT 4 CON 1 FTB TWP OF YORK; PT PRIVATE LANE PL D144 TORONTO AS IN CA649445; T/W & S/T CA649445; CITY OF TORONTO
Security Features
None
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Ground | Office | 18.7 x 5.51 | |
| Ground | Workshop | 7.29 x 5.61 | |
| Second | Living Room | 4.26 x 3.5 | |
| Second | Kitchen | 3.98 x 2.05 | |
| Second | Primary Bedroom | 5.48 x 3.25 | Closet |
| Second | Bedroom 2 | 5.48 x 2.05 | Closet |
| Second | Bedroom 3 | 3.76 x 3.42 | Closet |
| Basement | Utility Room | 10.19 x 5.44 |



