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For saleMLS® C13808268

120 Carlton Street 406-409, Toronto, ON M5A 4K2

Cabbagetown-South St. James Town · C08 · M5A 4K2

$1,899,999

$445 / sq ft

1 months on market

Total area
4,270 sf
0

What's special

  • Underground parking
  • Yes

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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.

$323KMedian $690K$4.40M
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

Down payment20.0% · minimum $380,000
$380,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$1,899,999

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Comparable sales nearby

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