175 Grace Street in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C13071502
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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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
129'39.3 m
Lot Frontage:
27'8.23 m
Lot Details:
27.00 x 129.00 Feet
Direction Faces:
East
Bedrooms:
12+3
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
1
Bedrooms Above Grade:
12
Bedrooms Below Grade:
3
Kitchens Above Grade:
3
# Main Level Bedrooms:
0
# Main Level Bathrooms:
1
Rooms Above Grade:
23
Rooms:
20
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete, Brick
Roof:
Shingles
Basement:
Finished, Separate Entrance, Walk-Up
Fireplace/Stove:
Yes
Attached Garage:
No
Garage:
Detached
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
30/60/90/Tba
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$14,818 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Other
Hot Water Tank
S/S Applicance: 4 Fridges, 4 Range Hoods, 4 Dishwashers, 4 Stove. 4 Washer & Dryer. All Lighting Fixtures.
Brick
Floor
Type
Size
Other
Main
Living Room
13'5"4.09 m × 12'9½"3.90 m
Vinyl Floor, Fireplace, Large Window
Main
Kitchen
13'9"4.19 m × 5'7"1.70 m
Vinyl Floor, Stainless Steel Appl, Quartz Counter
Main
Bedroom
6'6"1.98 m × 6'6"1.98 m
Vinyl Floor, Window, California Shutters
Main
Bedroom 2
16'6"5.03 m × 11'3.35 m
Vinyl Floor, Large Window, California Shutters
Main
Bedroom 3
12'3.66 m × 11'3.35 m
Vinyl Floor, Large Window, California Shutters
Main
Bedroom 4
13'3.96 m × 9'2.74 m
Vinyl Floor, Large Window, California Shutters
Second
Living Room
10'3.05 m × 9'2.74 m
Large Window, Vinyl Floor, Open Concept
Second
Kitchen
Measurements not available
Vinyl Floor, Stainless Steel Appl, Quartz Counter
Second
Bedroom
10'6"3.20 m × 10'6"3.20 m
Vinyl Floor, Large Window, California Shutters
Second
Bedroom 2
14'4.27 m × 10'6"3.20 m
Vinyl Floor, Large Window, California Shutters
Second
Bedroom 3
13'3.96 m × 10'6"3.20 m
Vinyl Floor, Picture Window, California Shutters
Second
Bedroom 4
17'5.18 m × 12'3.66 m
Vinyl Floor, Window, California Shutters
Third
Living Room
Measurements not available
Vinyl Floor, Skylight, Open Concept
Third
Kitchen
Measurements not available
Vinyl Floor, Stainless Steel Appl, Open Concept
Third
Bedroom
Measurements not available
Vinyl Floor, Skylight
Third
Bedroom 2
Measurements not available
Vinyl Floor, Window, California Shutters
Third
Bedroom 3
Measurements not available
Vinyl Floor, Window, California Shutters
Third
Bedroom 4
Measurements not available
Vinyl Floor, Window, California Shutters
Basement
Living Room
Measurements not available
Vinyl Floor, Open Concept, Above Grade Window
Basement
Kitchen
Measurements not available
Vinyl Floor, Stainless Steel Appl, Quartz Counter
Basement
Bedroom
Measurements not available
Vinyl Floor, Above Grade Window, California Shutters
Basement
Bedroom 2
Measurements not available
Vinyl Floor, Above Grade Window, California Shutters
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