For Sale: 48 Carr Street, Toronto, ON - REW
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$999,000
4 bd • 5 ba • 1100 - 1500 sf • Townhouse
48 Carr Street
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$999,000
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48 Carr StreetToronto, ON, M5T 1B7

Kensington-Chinatown
  • 4 Bed
  • 5 Bath
  • 1100 - 1500 Sqft
  • Townhouse

About this home

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. 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 Kitchen/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.
Listed by: Leo Falkovsky, Salesperson, RE/MAX HALLMARK CHAY REALTY

Home facts and features

Price details
List Price
$999,000
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Gross Taxes for 2026
$6,380
Home facts
Bedrooms
4
Full Bathrooms
5
Parking Spaces
1
Property Type
Townhouse
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Finished
Community
Agent details
Primary Agent
Leo Falkovsky
Primary Broker
RE/MAX HALLMARK CHAY REALTY
Listing details
Days on REW
1 Day
Property Views
463
MLS® Number
C13592074
Source
Toronto Real Estate Board
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Property Insights

Ryerson Community School
  • Public
  • JK - 8
St Mary Catholic School
  • Catholic
  • JK - 8
Charles G Fraser Public School
  • Public
  • JK - 6
Ogden Junior Public School
  • Public
  • JK - 6
Discovering Minds Montessori Preschool I
  • Private
  • Pre-K - K
Niagara Street Junior Public School
  • Public
  • JK - 6
Westside Montessori School
  • Private
  • NS - 6
Kensington Community School
  • Public
  • JK - 6
Beverley School
  • Public
  • JK - 8
Subway Academy II
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Leo Falkovsky
Phone:
416-356-6968
Cell:
416-356-6968
Office:
705-722-7100
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