48 Carr Street

ActiveDowntown Toronto / Waterfront · Kensington-Chinatown15 days on marketMLS® C13592074
$999,000
$908 / sq ft
Bedrooms4
Bathrooms5
Interior1,100 sq ft
TypeTownhouse
ListingFor Sale
Days on Market15

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberC13592074
StatusActive
Listing TypeFor Sale
Property TypeTownhouse
Interior Size1,100 sq ft
Beds / Baths4 bed · 5 bath
NeighbourhoodKensington-Chinatown
CityDowntown Toronto / Waterfront
Postal CodeM5T 1B7
ProvinceON
Listed DateJuly 22, 2026
Days on Market15
Price per Sq Ft$908
BrokerageRE/MAX HALLMARK CHAY REALTY

Location

Similar Properties Nearby

Photo of 15 Oxford StreetJust Listed
$1,099,900
15 Oxford Street
Downtown Toronto / Waterfront · 6 bed · 2 bath · Townhouse
Photo of 203 College Street Unit 1403Just Listed
$629,800
203 College Street Unit 1403
Downtown Toronto / Waterfront · 2 bed · 1 bath · Condo
Photo of 297 College Street Unit 706Just Listed
$788,000
297 College Street Unit 706
Downtown Toronto / Waterfront · 3 bed · 2 bath · Condo

Sold Properties Nearby

Sign in to reveal recent sold prices in this area.

Listed by RE/MAX HALLMARK CHAY REALTY