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Attention builders, investors, and visionaries! Just steps from Queen West, Kensington Market, and Alexandra Park, 42 Carr Street presents a rare opportunity to unlock value in one of Torontos most dynamic neighbourhoods.Sitting on a prime 35.83 x 88 ft corner lot with easy laneway access, this property offers excellent potential for redevelopment or a custom build. With the possibility of adding a laneway house (buyer to verify with city), this is an ideal project for those looking to create multi-unit housing, a live-work setup, or maximize investment returns. Surrounded by vibrant local shops, top-rated restaurants, schools, transit, and cultural hotspots, this quiet, tree-lined street is the perfect backdrop for your next big opportunity. Whether you're renovating, rebuilding, or exploring income-generating possibilities, the location and lot speak for themselves. Don't miss your chance to bring your vision to life in this unbeatable downtown setting. Property Being Sold "As Is, Where Is" Condition
As is condition: 2 Fridge, 2 stove, 1 dishwasher, washer
City: Toronto
Neighborhood: Kensington-Chinatown
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jul 19, 2021 | 22 | $3,000 | N/A | Terminated | C5312938 |
Purchase Price | $1688800 |
Down Payment | $337760 |
Mortgage Insurance | $0 |
Total Mortgage | $1351040 |
Mortgage Payment | $8325 |
Property Taxes | $756 |
Maintenance Fees | $0 |
Monthly Payment | $9081 |
Sold Comparables homes near 42 Carr St, Toronto
Located at 42 Carr St , this Toronto house is available for sale. This property was listed for $1,688,800 on Fri Jun 27 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Living, Primary, 2nd Br, 3rd Br, Kitchen, Rec, Br. This property comes with 3 parking spots. 42 Carr St, Toronto is situated in the Kensington-Chinatown neighbourhood.
MLS#: C12243931 · $1,688,800 · 3 bedroom house in Kensington-Chinatown, Toronto