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$899,000Asking Price

48 Carr Street, Toronto, ON M5T 1B7

Alexandra Park, Toronto

Rowhouse
4
Bedrooms
5
Baths
1
Parking
Days on Market

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. 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.

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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. 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.

Key Info

  • 3-Storey Rowhouse
  • 2-Car Driveway
  • No Garage
  • Bathurst/Queen/Dundas
  • 1100-1500 Approximate Sq Feet
  • Finished Basement
  • 3 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 12.77 x 88 Feet
  • Brick Exterior
  • Taxes were $6,380 in 2026

Details

  • No Fireplace
  • No Family Room
  • Designation: Other
  • Sewers
  • Municipal Water
  •  
  • MLS #C13548650
  • RE/MAX HALLMARK CHAY REALTY

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Alexandra Park, Toronto is a central Toronto neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants, particularly those from China and Vietnam, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 34.

Families

Kids Per Family

1.5

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

67% of residents are
single and loving it.

67% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

67% of residents
are renters.

67% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

30% of residents are
university grads.

30% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$81K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 23%
Business 6%
Government 5%
Trades 5%
Management 4%

Immigrants

53% of residents were
born outside of Canada.

53% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 23.8% of immigrants.
Vietnam 5.2%
Caribbean 4.8%
Philippines 2.8%
Jamaica 2.2%

23.8% from China
All-time

Birthplace - Recent

China was once home to 6.7% of immigrants.
Vietnam 1.6%
Philippines 1.2%
Pakistan 0.4%
USA 0.3%

6.7% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 14%
Cantonese 14%
Vietnamese 4%
Spanish 3%
Tagalog 2%

Religions

Religions

Christian 36%
Buddhist 14%
Muslim 11%
Jewish 1%
Hindu 1%

Social Housing

Social Housing Buildings

26

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)