54 Metcalfe Street, Toronto, ON M4X 1R8, Toronto C08, ON
Bed 8
Bath 6
Legal Multiplex!! Located on Metcalfe St, one of the most gorgeous treelined streets in Cabbagetown this heritage property (circa 1890) has been lovingly maintained and painstakingly upgraded by the same owner for almost 22 years!! This gem contains six fully rented apartments in total, three two bedroom units, two one bedroom units and one bachelor suite all containing quality tenants. Upgrades and features include windows, electrical, roofing, hvac systems, foundation waterproofing and the list goes on. On site laundry and parking for six cars at rear of property make this an unbelievable investment property!! (Unheard of in the downtown core!). Steps to transit, shopping and all amenities. Live in one unit and rent out the other five, or even better rent all six units out, the choice is yours! Investment properties in areas like this are never a bad idea.
Property Highlights
For Sale
MLS NO.
C12037138
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
8
Bathrooms
6
Parking
6.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
C12037138
Total Bedrooms
8
Bedrooms Above Grade
8
Total Bathrooms
6
Total Kitchens
6
Kitchens Above Grade
6
Rooms Above Grade
25
Interior Features
Carpet Free
Fireplace
Yes
Central Vacuum Yn
No
Construction
Concrete, Brick
Roof
Asphalt Shingle
Lot Width
21.0
Parking Features
Private
Parking Total
6.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
Other
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
54 Metcalfe Street, Toronto, ON M4X 1R8
City
Toronto C08
Neighbourhood
Cabbagetown-South St. James Town
County / Region
Toronto
Province / State
ON
Postal Code
M4X 1R8
Cross Street
Parliament St & Winchester St
Directions
Parliament St & Winchester St
List Price
$2,499,000
Annual Taxes
$9,864
Tax Year
2024
Legal Description
PT LT 5 PL D49 TORONTO AS IN CA691898; TORONTO
Possession Type
60-89 days
Possession Details
60-90 TBA
Listing Office
REALTY EXECUTIVES PLUS LTD
Board
Toronto Regional Real Estate Board
Original Entry
2025-03-24T11:31:51Z
Media Updated
2025-03-24T11:31:51Z
Photos Updated
2025-03-24T11:31:51Z
Last Modified
2025-06-25T05:15:35Z
System Modified
2025-10-12T09:12:05.031239Z
MLS Status
Expired
Architectural Style
2-Storey
Basement
Walk-Out, Finished
Ddfyn
Yes
Expiration Date
2025-06-24
Foundation Details
Brick, Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
210830131
Parking Spaces
6
Property Features
Arts Centre, Public Transit, Rec./Commun.Centre, Terraced, Library
Public Remarks
Legal Multiplex!! Located on Metcalfe St, one of the most gorgeous treelined streets in Cabbagetown this heritage property (circa 1890) has been lovingly maintained and painstakingly upgraded by the same owner for almost 22 years!! This gem contains six fully rented apartments in total, three two bedroom units, two one bedroom units and one bachelor suite all containing quality tenants. Upgrades and features include windows, electrical, roofing, hvac systems, foundation waterproofing and the list goes on. On site laundry and parking for six cars at rear of property make this an unbelievable investment property!! (Unheard of in the downtown core!). Steps to transit, shopping and all amenities. Live in one unit and rent out the other five, or even better rent all six units out, the choice is yours! Investment properties in areas like this are never a bad idea.