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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Cabbagetown-South St. James Town
MLS Listing ID C12688498
Annual Tax Amount $16,919
Tax Year 2025
Property Sub-Type Office
Property Description
Opportunity to acquire four office condominium units within a well-established mixed-use Tridel complex constructed in 1984/85. 120 Carlton Street is positioned just east of the Yonge corridor in Downtown Toronto, benefitting from a walk score of 98 and employees and clients can easily access restaurants, services, and daily needs on foot. College Station (TTC Line 1 - Yonge-University) is approximately an 8-minute walk from the Property, and the 506 Carlton Streetcar provides an efficient alternative to walking. The units were fully gutted, made open concept, and comprehensively renovated approximately 5 years ago, with over $600,000 invested. Limited post-renovation utilization due to remote and hybrid work has resulted in the units being in exceptional condition and thereby reducing near-term capital requirements. Additional Legal Description: MTCP 676 Level A Unit 4 PKG, MTCP 676 Level 4 Unit 9 Level A Unit 27.
Location
Province ON
County Toronto
Community Cabbagetown-South St. James Town
Area Toronto
Zoning CR - Commercial Residential
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD
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