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$899,000
For SaleListed 46 days agoPrice reduced −$100,000

48 Carr Street, Toronto, ON M5T 1B7

Kensington-Chinatown
4
5
1,100–1,500 ft²
Att/Row/Townhouse1 Parking12.77 × 88 ft Lot
Listed by RE/MAX HALLMARK CHAY REALTY

Assigned school

52% EQAO

Ryerson Community School Junior Senior

Childcare

6 centres

0.2 km closest

Block profile

50% owners

$102k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeAtt/Row/Townhouse
Lot Size12.77 × 88 ft
BasementFinished
Parking1 parking space
Property taxes$6,380/yr (2026)
Days on Market46 Days
Listed DateJul 22, 2026
MLS® NumberC13592074

Monthly Cost

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.

Listing History

Event
Date
Price
Price Changed
Aug 26, 2026
$899,000
Listed
Jul 22, 2026
$999,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 48 Carr Street, Toronto, ON M5T 1B7 inside the Ryerson Community School Junior Senior attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Toronto school catchments

Licensed Childcare Nearby

6 licensed centres nearby · closest 202 m

Licensed Child Care Centre
George Brown - Fashion District/Ryerson Child Care Centre
96 Denison Avenue, Toronto
0.2 km
Half day · Before & after school
Operator: George Brown College Of Applied Arts & Technology
Licence #11955·Child Care Centre
Licensed Child Care Centre
Jingbao (Downtown) Bilingual Children'S Centre (96 Denison Avenue)
96 Denison Avenue, Toronto
0.2 km
Full day
Operator: Toronto Chinese Language And Culture School Inc.
Licence #0005494·Child Care Centre
Licensed Child Care Centre
Alexandra Park Early Learning & Child Care Centre
75 Augusta Square, Toronto
0.3 km
Full day
Operator: City Of Toronto
Licence #01077·Child Care Centre
Licensed Child Care Centre
Fraser School - Community Day Care Centre
79 Manning Avenue, Toronto
0.5 km
Full day · Before & after school
Operator: Fraser School - Community Day Care Centre Of Toronto
Licence #06931·Child Care Centre
Licensed Child Care Centre
Ogden Day Care Centre
33 Phoebe Street, Toronto
0.6 km
Full day · Before & after school
Licence #03379·Child Care Centre
Licensed Child Care Centre
Studio 1, 2, 3 Early Learning Centre
401 Richmond Street, Toronto
0.7 km
Full day
Licence #16141·Child Care Centre

Area Checks

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, heritage conservation districts, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Kensington-Chinatown

View Kensington-Chinatown on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

50%
Homeowners
42%
Households with kids
$102,000
Median income
35
Median age
More about this area
2.2
Avg. household size
52%
University degree
32%
Newcomers (immigrants)
Age profile706 residents
Under 2010%
20–3439%
35–6441%
65+10%

StatCan 2021 Census · this home’s dissemination area (DA 35200888). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Aug 26, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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