120 Carlton Street 406-409, Toronto, ON M5A 4K2
Cabbagetown-South St. James Town · C08 · M5A 4K2
$1,899,999
$445 / sq ft1 months on market
- Total area
- 4,270 sf
What's special
- Underground parking
- Yes
About this property
Opportunity to acquire four office condominium units within a well-established mixed-use Tridel complex constructed in 1984/85. 120 Carlton Street is positioned just east of the Yonge corridor in Downtown Toronto, benefitting from a walk score of 98 and employees and clients can easily access restaurants, services, and daily needs on foot. College Station (TTC Line 1 - Yonge-University) is approximately an 8-minute walk from the Property, and the 506 Carlton Streetcar provides an efficient alternative to walking. The units were fully gutted, made open concept, and comprehensively renovated approximately 5 years ago, with over $600,000 invested. Limited post-renovation utilization due to remote and hybrid work has resulted in the units being in exceptional condition and thereby reducing near-term capital requirements. Additional Legal Description: MTCP 676 Level A Unit 4 PKG, MTCP 676 Level 4 Unit 9 Level A Unit 27. 10 deeded underground parking spots included in purchase price.
Property details
Property
- Property type
- office
- Interior size
- 4,270 sq ft
- Zoning
- CR - Commercial Residential
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Underground
Costs
- List price
- $1,899,999
- Property taxes
- $16,919 / year (2025)
- Price per sq ft
- $445
Listing
- MLS® number
- C13808268
- Status
- For sale
- Listed
- September 21, 2026
- Days on market
- 45
- Last updated
- September 21, 2026
- Listing brokerage
- CUSHMAN & WAKEFIELD
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 77% of comparable office listings in Toronto are asking less.
- This home
- $445 / sq ft
- Comparable median
- $624 / sq ft
Based on 95 comparable active office listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $8,404.34
- Property tax (est.)
- $1,409.94
- Estimated monthly
- $9,814
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $34,475
- Toronto municipal
- $34,475
- Total due on closing
- $68,950
An estimate on the asking price of $1,899,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CUSHMAN & WAKEFIELD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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