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Hamza Nouman, REALTOR®
48 Carr Street — property photo
1 / 18 — Click to enlarge
1.9

48 Carr Street, Toronto C01

Toronto C01

$999,000

Att/Row/Townhouse4 bed / 5 bath11 DOM~1,300 sqft

Cash flow, cap rate & mortgage breakdown

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Listed by RE/MAX HALLMARK CHAY REALTY

Investment Analysis

Key Facts

Type

Att/Row/Townhouse

Bedrooms

4

Bathrooms

5

Days on Market

11

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Finished Basement

Rent Estimate

$3,200/mo

Estimated from market price-to-rent ratios

Remarks

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.

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