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$ 4,500,000
Est. payment /mo
New
175 Grace ST Toronto C01, ON M6G 3A7
15 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C01
Subdivision Palmerston-Little Italy
MLS Listing ID C13071502
Style 3-Storey
Bedrooms 15
Annual Tax Amount $14,818
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Fully renovated Multiplex in a prime, high-demand downtown location, offering a rare turnkey investment opportunity with strong income potential. This exceptional property comprises four self-contained units: Units 1 & 2 & 3 each feature 4 spacious bedrooms and 2 full bathrooms, while the lower-level unit offers a well-designed 3-bedroom, 2-bathroom layout. All units have been extensively upgraded with modern, high-quality finishes, including new flooring, contemporary kitchens with stainless steel appliances, and elegantly renovated bathrooms. Each suite is equipped with its own private in-suite laundry, enhancing tenant convenience and desirability. Bright, functional layouts with generous principal rooms and large windows provide abundant natural light throughout. A newly constructed rear fire escape staircase has also been added to enhance safety and meet current building standards. The property includes a highly sought-after detached 4-car garage at the rear, offering valuable parking in this dense urban setting. Additional features include a rooftop sun deck with seasonal CN Tower views, adding further appeal for tenants. Ideally situated in one of Toronto's most desirable downtown neighborhoods, just steps to U of T, College Street, Metro grocery, cafés, restaurants, parks (Trinity Bellwoods, Bickford), YMCA, and the Bob Abate Community Centre. A truly turnkey, low-maintenance asset in an unbeatable location.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement Finished, Separate Entrance, Walk-Up
Kitchen 4
Separate Den/Office 3
Interior
Interior Features Other
Heating Yes
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 27.0
Lot Depth 129.0
Total Parking Spaces 4
Building
Foundation Concrete, Brick
Others
ParcelsYN No
Listed by RE/MAX REALTRON WENDY ZHENG REALTY