48 Carr Street, Toronto, ON M5T 1B7
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
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
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
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
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)
StatCan 2021 Census · this home’s dissemination area (DA 35200888). Values are randomly rounded by Statistics Canada for privacy.
Homes for sale nearby
Book a viewing
One message — we'll coordinate a viewing with the listing brokerage. Learn more in our privacy policy or contact us.
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.
DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.
This website is not intended to solicit persons currently under contract with a brokerage.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.