Was listed for:Expired Oct 1, 2025
$5,199,888

156 Barrington Avenue

Toronto (Crescent Town), ON M4C 4Z2

Residential Income ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 156 Barrington Avenue, Toronto, Crescent Town

2024-11-06
2025-10-01
Expired
Price
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MLS#
40675484

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 156 Barrington Avenue, Toronto, Crescent Town

This exclusive 12-unit apartment building in Toronto's East End offers a high-yield investment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With 1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercom access, coin-operated laundry, and 8 rentable parking spaces, all designed to maximize income potential. Strategically upgraded, the property includes renovated kitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in each unit. A new boiler (2021) and 13 hydro meters add efficiency, making it an attractive choice for tenants and owners. Located near Danforth Village, Main Street Subway, and Danforth GO, the building is ideally situated for commuters, providing easy access to downtown Toronto and nearby amenities like parks, schools, and Greektowns vibrant community. High demand and rising rental rates make this area highly sought-after with low vacancy rates. With limited new construction, this property stands out as a turnkey investment with strong cash flow in a growing market.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$17,853
Land Transfer Tax Fee
$254,943

Basement Type
None

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Residential Income

Construction

Exterior Finish
Brick

Lot

Lot Front
75.09 ft
Lot Depth
146.79 ft

Parking & Garages

Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Type
Natural Gas, Radiant
Air Conditioning
None

Washrooms
12

Area
Toronto
Municipality
Toronto
Neighbourhood
Crescent Town

MLS® number
40675484
Data source
MLS
Status change
2025-10-01
Listed on
2024-11-06
Days on market
329 days
Possession type
Tenant
Seller
Listed by
RE/MAX GOLD REALTY INC., BROKERAGE

Home Market Value

Current home valuation for 156 Barrington Avenue, Toronto, Crescent Town, Toronto, ON. Listed for $5,199,888

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 156 Barrington Avenue, Toronto, Crescent Town

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Land Transfer Tax

Provincial

$116,472

Municipal (Toronto)

$138,471

Total Land Transfer Tax

$254,943

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