$1,350,000 - 250 Shuter Street, Cabbagetown
Multi-Family for Sale in Cabbagetown
New — Listed 2 days agoNeighbourhood: Moss Park
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13852988
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $5,095
- Listing Brokerage
- HOMELIFE EXCELSIOR REALTY INC.
In the heart of Downtown Toronto, this charming two-storey duplex presents an excellent opportunity for investors, first-time buyers, and those seeking a flexible income-producing property. Why take on the uncertainty, stress, time and expense of a major renovation/build when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, separate hydro meter, forced-air gas furnace, in-suite laundry and quality appliances. Ideal for an investor seeking rental income or a first-time buyer looking to live in one unit while generating income from the other. The property has enjoyed a consistent rental income over the years, attracting working professionals and students who value the convenience of downtown living with modern comfort. The previous years the two units offered a combined rental income of $5,650 per month [$3,500 for the main/basement unit and $2,150 for the second-floor unit]. Located directly on a TTC bus route and close to a subway station, with a short 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and urban lifestyle. The main floor and the basement combine as one unit of 4 bed & 2 washrooms. Its kitchen with cream hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances, laundry and an outdoor escape to a cute backyard. Opening the second front door is an entrance up the stairs to a 2 bedroom, 1x3 pc bath & laundry. This 2nd floor self contained unit is a modern & bright apartment. The combined living/dinning with an open concept overlooking the kitchen with stainless steel appliances. Off the first bedroom is the Juliette balcony overlooking the backyard. A 3pc washroom by the hallway and laundry. Wanting to own and get potential income? Book a showing to see this handsome duplex today!
Estimate your monthly payments for this property
Estimated Payment
$5,971.51/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Moss Park
Moss Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Moss Park
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Moss Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
250 Shuter Street, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1227/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cabbagetown.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Moss Park
I know Moss Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.