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$999,000
Ontario,Toronto (Kensington-Chinatown)
For Sale Active
48 CARR STREET, Toronto (Kensington-Chinatown), Ontario M5T1B7
  • 4
  • 5
  • 1100 - 1500Square Feet
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Basic Details
Description

Located In The Heart Of Kensington-Chinatown, One Of Toronto’s Most Walkable Neighbourhoods (Walk Score 98). Rare Investment Opportunity: A Bright, Spacious End-Unit Townhome Set Up As Four Separate, Self-Contained Units, Each With Potential To Generate Solid Rental Income. A Great Fit For Investors Chasing Strong Cash Flow, Or An End-User Who Wants To Occupy One Unit While Tenants Help Cover

The Mortgage. Potential Rent Roll: Main Floor & Basement: $2, 650 Bachelor Unit 1: $1, 400 Bachelor Unit 2: $1, 400 One-Bedroom Apartment: $1, 950 Total Monthly Income: $7, 400 Utilities Included 1 Parking Space. Can Also Be Easily Converted Back Into A Single Family Home For Buyers Wanting A Larger Private Residence. Feature Sheet Attached. The Main And Lower Floors Combine Into One Thoughtfully Laid-Out Apartment With Distinct Living And Kitchen Spaces, Three Bedrooms, And Two Full Baths. Upstairs On The Second Floor Sit Two Bachelor Suites, Each With Its Own Open-Concept Kitchen/Living Area And Private Bath. The Top Floor Rounds Things Out With A Spacious One-Bedroom Unit Featuring A Generous Kitchen/Living Space And Full Bath. Currently Vacant, The Property Offers Total Flexibility – Move In Right Away, Fill It With Tenants, Or Reconfigure Into One Single Family Home. Steps To Kensington Market, Queen West, And Dundas St’s Vibrant Chinatown Shops And Restaurants, With Nearby Parks Including Alexandra Park, Bellevue Square, And Trinity Bellwoods. Excellent Schools Nearby Including Ryerson Community School And Central Technical School, Plus Easy Access To The 505 Dundas Streetcar. A Rare Blend Of Immediate Income, Long-Term Upside, And Future Flexibility In One Of The City’s Most Sought-After Pockets. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: C13592074
  • Price: $999,000
  • Bedrooms: 4
  • Bathrooms: 5
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: RE/MAX HALLMARK CHAY REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 282808
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Toronto (Kensington-Chinatown), M5T1B7
  • Street: Carr
  • Street Number: 48
  • Street Suffix: Street
  • Longitude: W80° 35' 48.3''
  • Latitude: N43° 38' 58.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 12.8 x 88 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 6380
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Listing updated: 2026-07-23 10:18:35
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Listing Information
  • List Agent Key: 1955652
  • List Office Key: 282808
  • Modification Timestamp: 2026-07-22T16:35:18Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-07-22T16:29:38Z
Powered by REALTOR.ca
Listing updated: 2026-07-23 10:18:35
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