48 Carr Street Toronto, ON M5T 1B7
Listing Courtesy of: PropTX - IDX / Listed By: Re/Max Hallmark Chay Realty

  48 Carr Street Toronto, ON M5T 1B7

Active
$899,000 (CAD)
4
BED
5
BATH
1100-1500
SQFT

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.

MLS®:
C13592074
Taxes
$6,380(2026)
Type
Townhouse
Style
3-Storey
County
Toronto
Community
Kensington-Chinatown

Listed By

Re/Max Hallmark Chay Realty
Source
PropTX - IDX
Last checked Aug 28 2026 at 4:07 PM EDT
Bathroom Details
Interior Features
  • Carpet Free
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Finished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stories
  • 3

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 26, 2026
Price Changed
$899,000
-10%
-$100,000
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 09:07