team logo
Image 1
1 / 15
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15

48 Carr Street, Kensington-Chinatown M5T 1B7

Price

$899,000

Bedrooms

4 Beds

Bathrooms

5 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$6380

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. 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.

Sale history for

Loading...

Sign in to view property history

The Property Location

Calculate Your Monthly Mortgage Payments

$
$
%
$
$

Total Monthly Payment

$4,262 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$719,200

Total Interest Payments

$443,431

Total Payment (Principal + Interest)

$1,162,631

Get An Estimate On Selling Your House

$
$
$
$
$
$
$

Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Related Properties

Property at 66a Bellevue
185 days on market

66a Bellevue

$1,980,000

Toronto, ON M5T 2N4

4 Beds|3 Baths|1100-1500 Sq.Ft.

Listed By: ROYAL HERITAGE REALTY LTD.

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Your guide to Toronto Real Estate - Let's Talk