42 Carr Street, Toronto C01, ON

$1,499,000
MLS#:C12681610
4 beds
3 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 35.83 x 88 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Detached Corner Lot in Downtown Toronto - Rare Opportunity! When does this ever come up? This is your chance! Welcome to 42 Carr Street, a detached bungalow on a 35 ft. corner lot in the heart of downtown Toronto. Owned and lovingly maintained by the same owner for 24 years, this home is filled with potential and character. Step inside to find a bright, functional layout featuring 3 bedrooms all on one level. The dining area can easily double as a recreation room or guest suite. Enjoy hardwood and tile flooring throughout, windows in every room, and plenty of natural light - even in the basement! The open-concept kitchen and living area is ideal for entertaining, complemented by two 3-piece bathrooms on the main floor - no more waiting for your turn! A separate basement entrance adds flexibility for an income suite, nanny quarters, or in-law space with its own 4-piece bathroom. Outside, you'll find 2 front yard parking spaces (no more circling the block), a side storage shed for bikes and gardening tools and 1 garage parking (with laneway suite potential) at the back along with a fully fenced in front and backyards offering privacy and peace of mind. The interlocked backyard completes this downtown haven. All of this, just minutes from Queen Street, Dundas West streetcar, shops, restaurants, and Ryerson Public School - urban living at its most convenient. Make this your family's home for the next 24 years - a true downtown gem with endless possibilities.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 23, 2026
Sold price information is available to members only
Listed Date1/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size35.83 × 88 Feet
CountyToronto
Annual Tax$9,069.86
Legal DescriptionPT LT 12 PL D68 TORONTO AS IN CA745258; CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit

Community Features

Location

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42 Carr Street, Toronto C01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Carr Street, Toronto C01, ON M5T 1B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,199,200
Monthly Mortgage$6,968
Property Tax (Est.)$756
Utilities & Maint.$350
Total Monthly Cost$8,074

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.