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Multi-Family for Sale in Cabbagetown
37 days on market- MLS Number
- C13119338
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 37
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
An 1880s Victorian on one of Cabbage town's most coveted streets, thoughtfully configured into two distinct suites. A rare and special offering. The main floor suite showcases timeless character with elegant plaster crown mouldings, generously proportioned rooms, and a wood-burning fireplace. The ceilings are truly exceptional, soaring heights that create an immediate sense of space and light. The bedroom opens directly onto a private, fenced garden with a deck and stone terrace; peaceful, functional, and genuinely inviting. The lower level adds flexibility with an updated bathroom and a dedicated wardrobe room offering excellent storage and office space. Upstairs, a two-level suite with authentic loft appeal. The primary bedroom is an airy, light-filled retreat with its own deck and two spacious closets. The open-concept kitchen and dining area are designed for real living; comfortable, connected, and easy to enjoy. Both suites feature classic clawfoot tubs, a detail that adds to the home's enduring charm. Each unit operates independently, with its own furnace, air conditioning, water tank and hydro meter-ideal for investors, multi-generational living, or those seeking a mortgage helper without compromise. Step outside and you're just a short stroll to Parliament Street, home to beloved cafes, independent shops, and everyday essentials. To the east, the neighbourhood opens into green space and community favourites like Riverdale Farm, Riverdale Park, the farmers' market, and an extensive network of trails. This is one of Toronto's most cherished enclaves, where people arrive and tend to stay. Opportunities like this are few and far between. (click on the VIRTUAL TOUR to see a video) 470 SQUARE FOOT LANEWAY HOUSE is possible, report attached.
Estimate your monthly payments for this property
Estimated Payment
$7,877.96/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.
451 Sackville Street, Regent Park / Cabbagetown / St. James Town
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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
Competitive Pricing
At $712/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.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $7,421 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.