175 Grace Street, Toronto, ON M6G 3A7
Toronto C01, ON, M6G 3A7 · Palmerston-Little Italy
About this property
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.
Features & Amenities
- Basement: Finished, Separate Entrance, Walk-Up
- Garage: Detached
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 15 |
| Bathrooms | 8 |
| Basement | Finished, Separate Entrance, Walk-Up |
| Garage | Detached |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $14,818 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete, Brick
- Roof
- Shingles
- Basement
- Finished, Separate Entrance, Walk-Up
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 129.00
- Lot Width
- 27.00
Financial & Tax
- Tax Annual Amount
- $14,818
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- 30/60/90/Tba
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 23
- Rooms Total
- 20
- Kitchens Above Grade
- 3
- Kitchens Total
- 4
- Bedrooms Above Grade
- 12
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- College Street & Grace Street
- Directions
- College Street & Grace Street
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
175 Grace Street, Toronto, ON M6G 3A7, Toronto C01, ON, M6G 3A7