Featured Listing
- Details
- Photos
- Virtual Tour
- Map/Street View
- WalkScore ®
- Rooms
- Schedule Appointment
Asking Price:
$799,000
Ref# C13708838
Available for For Sale » Residential | Store W Apt/Office
$799,000
Ref# C13708838
198 1/2 Carlton Street (Carlton & Parliament St.)
Cabbagetown-South St. James Town, Toronto C08, ON
Rarely offered and full of potential, this exceptional corner property in the heart of Toronto combines commercial visibility, residential income and exciting future possibilities. Set in a high-density urban setting, 198 1/2 Carlton St presents a unique opportunity for investors, entrepreneurs and developers alike.The property features a prominent street-facing storefront with excellent exposure and a spacious apartment above, creating an ideal live-and-work configuration or valuable income-producing asset. The existing building offers character, generous interior space and an outstanding opportunity to renovate, reposition and create something truly special.The rear of the property is where the possibilities really expand. A detached brick garage with convenient laneway access provides an exciting opportunity for a future laneway suite or ADU, additional living space, creative studio, office or income-producing space with an existing loft currently constructed. The private rear area adds another valuable dimension rarely found with a central Toronto corner property.The prominent corner lot offers exceptional visibility, multiple exposures and a distinctive footprint in an area experiencing continued urban growth and intensification. With high-density development surrounding the property, this location presents exciting long-term potential for expansion, redevelopment or maximizing the existing site.Whether you're looking for a highly visible commercial space with residential income above, a live/work opportunity, an investment property with multiple revenue possibilities, or a site with future development potential, this property offers an extraordinary range of options.A truly unique Toronto offering with a storefront, apartment, corner exposure, rear garage and laneway access - all in one of the city's most dynamic urban locations. Opportunities like this are becoming increasingly rare.
Property Features
- Bedroom(s): 4
- Bathroom(s): 2
- Kitchen(s): 1
- Square footage: 2000-2500
- Estimated annual taxes: $8056.77 (2026)
- Store W Apt/Office / 2-Storey
- Parking spaces: 0
- Detached Garage (0)
- , Gas
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: RARE REAL ESTATE
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Property Photos
Rarely offered and full of potential, this exceptional corner property in the heart of Toronto combines commercial visibility, residential income and exciting future possibilities. Set in a high-density urban setting, 198 1/2 Carlton St presents a unique opportunity for investors, entrepreneurs and developers alike.The property features a prominent street-facing storefront with excellent exposure and a spacious apartment above, creating an ideal live-and-work configuration or valuable income-producing asset. The existing building offers character, generous interior space and an outstanding opportunity to renovate, reposition and create something truly special.The rear of the property is where the possibilities really expand. A detached brick garage with convenient laneway access provides an exciting opportunity for a future laneway suite or ADU, additional living space, creative studio, office or income-producing space with an existing loft currently constructed. The private rear area adds another valuable dimension rarely found with a central Toronto corner property.The prominent corner lot offers exceptional visibility, multiple exposures and a distinctive footprint in an area experiencing continued urban growth and intensification. With high-density development surrounding the property, this location presents exciting long-term potential for expansion, redevelopment or maximizing the existing site.Whether you're looking for a highly visible commercial space with residential income above, a live/work opportunity, an investment property with multiple revenue possibilities, or a site with future development potential, this property offers an extraordinary range of options.A truly unique Toronto offering with a storefront, apartment, corner exposure, rear garage and laneway access - all in one of the city's most dynamic urban locations. Opportunities like this are becoming increasingly rare.
Property Features
- Bedroom(s): 4
- Bathroom(s): 2
- Kitchen(s): 1
- Square footage: 2000-2500
- Estimated annual taxes: $8056.77 (2026)
- Store W Apt/Office / 2-Storey
- Parking spaces: 0
- Detached Garage (0)
- , Gas
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: RARE REAL ESTATE
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
|
Map
|
|
HTTP Error 404.15 - Not FoundThe request filtering module is configured to deny a request where the query string is too long. |
|
![]() | Loading data, please wait... |
Note: The property shown in the initial Street View may not be correct. Please use the provided controls to navigate around the area.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Property Rooms
| Floor | Room | Dimensions | Description |
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.

