Was listed for:Expired Jun 24, 2025
$2,499,000

54 Metcalfe Street

Toronto (Cabbagetown-South St. James Town), ON M4X 1R8

Multiplex 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 54 Metcalfe Street, Toronto, Cabbagetown-South St. James Town

2025-03-24
2025-06-24
Expired
Price
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MLS#
c12037138

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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 54 Metcalfe Street, Toronto, Cabbagetown-South St. James Town

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,864
Land Transfer Tax Fee
$97,900

Basement Type
Walk-Out, Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Carpet Free
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Arts Centre, Public Transit, Rec./Commun.Centre, Terraced, Library

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Concrete, Brick
Roof
Asphalt Shingle
Foundation Details
Brick, Concrete
Special Designation
Heritage

Lot

Lot Front
21.00 ft
Lot Depth
181.30 ft

Inclusions

Inclusions
6 fridges, 6 stoves, 7 air conditioning units, washer, dryer and hot water tank (owned)

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Other
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
8
Washrooms
6
Kitchens
6

Washrooms

  • 3-piece, Main

Municipality
Toronto
Neighbourhood
Cabbagetown-South St. James Town
Main cross streets
Parliament St & Winchester St
Directions
Parliament St & Winchester St

MLS® number
C12037138
Data source
Toronto Regional Real Estate Board
Status change
2025-06-24
Listed on
2025-03-24
Days on market
92 days
Possession date
2025-05-31
Possession type
60-89 days
Co-op commission
2.5% Thank You For Your Efforts
Seller
Listed by
Realty Executives Plus Ltd

Home Market Value

Current home valuation for 54 Metcalfe Street, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $2,499,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 54 Metcalfe Street, Toronto, Cabbagetown-South St. James Town

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

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Mortgage Payment Calculator

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Minimum Down Payment Required:20.0%

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Minimum down payment

$499,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
$
%
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+CMHC insurance
$0$0$0$0
=Total mortgage
$1,999,200$1,874,250$1,749,300$1,624,350
Amortization
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%
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%
%
Payment frequency
=Mortgage payment
$9,761monthly$9,151monthly$8,541monthly$7,931monthly
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Land Transfer Tax

Provincial

$48,950

Municipal (Toronto)

$48,950

Total Land Transfer Tax

$97,900

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