48 Carr Street

Toronto, ON M5T 1B7 ( Kensington-Chinatown)

Quick Facts

Type: Att/Row/Townhouse

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 6,380 ( 2026)

Updated: 2026-08-02 16:29:40

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 Kitchenettes/ 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.

Extras

Att/Row/Townhouse

Property

Status: For Sale

MLS #: C13592074

Price: $ 999,000

Address: 48 Carr Street

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 6,380

Tax Year: 2026

Lot Size:

Neighbourhood: Kensington-Chinatown

Nearest Intersection: Bathurst/Queen/Dundas

City: Toronto

Postal Code: M5T 1B7

DOM: 13 Days

Last Update: 2026-08-02 16:29:40

 

Building

Interior

Bedrooms: 4

Bathrooms: 5

Rooms: 0

Kitchens: 2

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 1.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms