48 CARR STREET, Toronto (Kensington-Chinatown)

2026-07-22
 

Quick Summary

Location
48 CARR STREET, Toronto (Kensington-Chinatown), Ontario M5T1B7
Price
$999,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1100 - 1500 sqft
Bedrooms:
4
Bathrooms:
5
Garages:
1

MLS®#C13592074

Property 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. (id:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: N/A (Finished)
  • Construction Style: Attached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1100 - 1500 sqft
  • Building Type: Row / Townhouse
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Carpet Free

Land

  • Land Size: 12.8 x 88 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by RE/MAX HALLMARK CHAY REALTY
Listing information last updated on: 2026-08-02 17:30:41


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$500,000

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