$2,499,000Asking Price
54 Metcalfe Street, Toronto, ON M4X 1R8
Cabbagetown, Toronto
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.
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.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- Parliament St & Winchester St
- 100+ Years Approximate Age
- No Ensuite Laundry
- Forced Air Gas Heating
- A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $9,863 in 2024
- Possession: 60-90 TBA
Details
- Concrete/Brick Exterior
- Fireplace
- 6 Kitchens
- Designation: Heritage
- MLS #C12037138
- REALTY EXECUTIVES PLUS LTD
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 6 3-Piece Bathrooms on Main Floor | |||
How Far is Too Far?
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Who lives here?
Cabbagetown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of adults aged 35 to 64 and seniors aged 65 to 74.
Families
Kids Per Family
0.7
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
56%
of residents are
single and loving it.
56% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
59%
of residents
are renters.
59% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
59%
of residents are
university grads.
59% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$151K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Government | 13% |
| Business | 11% |
| Management | 10% |
| Culture | 9% |
Immigrants
34%
of residents were
born outside of Canada.
34% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.0% from Philippines
All-time
Birthplace - Recent
0.5% from Philippines
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Tagalog | 3% |
| Spanish | 2% |
| Cantonese | 2% |
| Mandarin | 1% |
Religions
Religions
| Christian | 47% |
| Buddhist | 3% |
| Jewish | 3% |
| Muslim | 3% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
32
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
