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48 Carr Street, Toronto, ON M5T 1B7

Toronto C01, ON, M5T 1B7 · Kensington-Chinatown

4 Beds
5 Baths
Sq Ft
2 Parking
Att/Row/Townhouse Type
C13592074 MLS#

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 & Amenities

  • Basement: Finished
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 3-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Att/Row/Townhouse
Architectural Style 3-Storey
Bedrooms 4
Bathrooms 5
Basement Finished
Garage None
Parking Spaces 2
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $6,380
Tax Year 2026

Interior Features

Interior Features
Carpet Free

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
3-Storey
Construction Materials
Brick
Foundation Details
Concrete
Roof
Asphalt Shingle
Basement
Finished

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
2
Parking Total
1.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
88.00
Lot Width
12.77

Financial & Tax

Tax Annual Amount
$6,380
Tax Year
2026
Possession Type
Immediate

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
6
Rooms Below Grade
3
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
4

Additional Details

Occupant Type
Vacant
Direction Faces
North
County Or Parish
Toronto
Cross Street
Bathurst/Queen/Dundas
Directions
Bathurst/Queen/Dundas
Special Designation
Other
Showing Requirements
Lockbox

Location

48 Carr Street, Toronto, ON M5T 1B7, Toronto C01, ON, M5T 1B7

Listing courtesy of RE/MAX HALLMARK CHAY REALTY
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