$2,595,000 - 50 Rose Avenue, Cabbagetown
Multi-Family for Sale in Cabbagetown
160 days on market- MLS Number
- C12673382
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 160
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
An exceptional and versatile triplex in the heart of Cabbagetown, offering the perfect blend of character, generous space, and outstanding investment potential. This grand, heritage-style home features over 3,600 sq ft above grade across three self-contained units, plus an additional 1,500+ sq ft in the basement. Whether you're seeking a spacious owner-occupied residence, a pure investment property, or the flexibility to combine both, this property checks all the boxes. Offering strong income potential in a high-demand rental area. Each unit includes a full kitchen, bathroom(s), and private living space, with charming architectural details throughout: high ceilings, original fireplaces, stained glass, classic hardwood floors, and large principal rooms. The expansive basement is currently configured as separate storage units, but offers exciting potential for a future unit addition or expanded living space over 1,500 sq ft to work with (floor plan attached).Live in one unit and rent the others, convert the entire home into your dream single-family residence, or maintain it as a cash-flowing investment with upside the choice is yours. Steps to transit, parks, shopping, top schools, and the downtown core, Great opportunity to own a substantial piece of Toronto real estate in a well-established and thriving neighbourhood. Floor plan attached
Estimate your monthly payments for this property
Estimated Payment
$11,478.56/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 Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / St. James Town 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 Regent Park / Cabbagetown / St. James Town
- •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
Regent Park / Cabbagetown / St. James Town 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.
50 Rose Avenue, Regent Park / Cabbagetown / St. James Town
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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
Competitive Pricing
At $741/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.
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 $10,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.