Looking for a townhouse for sale in Toronto GTA? Whether you’re a first-time buyer, investor, or upsizing your lifestyle, townhomes in the Greater Toronto Area offer the ideal balance of space, convenience, and modern living.

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48 Carr Street

Kensington-Chinatown Toronto M5T 1B7

$1,148,800

Residential Freehold beds: 4 baths: 5.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

C12952254

Bedrooms:

4

Bathrooms:

5

• Photos (15)

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Exceptional investment opportunity to own a bright and spacious end-unit townhome configured as four self-contained residential units, generating excellent rental income. Ideal for investors seeking strong cash flow or for end-users looking to live in one unit while offsetting their mortgage with additional rental income.The main and lower levels feature a well-designed apartment offering separate living and kitchen areas, three bedrooms, and two full bathrooms. The second floor includes two bachelor-style suites, each with an open-concept kitchen and living space along with a private full bathroom. The third floor offers a generous one-bedroom apartment complete with a spacious kitchen/living area and a full bathroom.Vacant possession is possible, providing flexibility for both investors and end-users. Located in a convenient neighbourhood close to transit, parks, schools, and local shopping, this property presents a rare opportunity with strong income potential and long-term growth value.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Att/Row/Townhouse

Home Style:

3-Storey

Total Approx Floor Area:

1100-1500

Lot Depth:

88'26.8 m

Lot Frontage:

12'9¼"3.89 m

Direction Faces:

North

Bedrooms:

4

Bathrooms:

5.0

Water supply:

Municipal

Kitchens:

3

Bedrooms Above Grade:

4

Kitchens Above Grade:

3

Rooms Above Grade:

6

Rooms Below Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Concrete

Roof:

Asphalt Shingle

Basement:

Finished

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Spaces:

2

Total Parking Spaces:

1.0

Family Room:

No

Pool:

None

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2025

Taxes:

$6,380 / 2026

Assessment:

$- / 2025

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Kensington-Chinatown

Interior Features:

Carpet Free

Exterior Finish:

Brick

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Other

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Apr 02, 2026

Original Price:

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Previous Price:

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Listed by FINE HOMES REALESTATE INC.

Data was last updated April 9, 2026 at 12:15 PM (UTC)

Area Statistics

Listings on market:

39

Avg list price:

$1,498,000

Min list price:

$528,800

Max list price:

$3,888,000

Avg days on market:

22

Min days on market:

1

Max days on market:

441

These statistics are generated based on the current listing's property type and located in Toronto C01. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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Why Townhomes in the GTA Are a Smart Choice

• More affordable than detached homes in Toronto
• Low-maintenance with private outdoor spaces
• Ideal for families, professionals, and downsizers
• Proximity to schools, transit, and shopping hubs
• Found in diverse neighbourhoods across Toronto, Vaughan, Markham, and beyond

What to Expect in Toronto GTA Townhouses

Most townhouses in the region include:

• 2-4 bedrooms across multi-level layouts
• Attached garages or parking pads
• Private patios, balconies, or rooftop terraces
• Open-concept kitchens and modern finishes
• Community amenities like playgrounds or visitor parking

Neighbourhood Highlights Around the Toronto GTA

You’ll find townhomes in vibrant communities like Scarborough, North York, Etobicoke, and downtown Toronto. Outside the core, areas like Mississauga, Vaughan, and Markham offer family-friendly townhome complexes near parks, GO stations, and shopping centres. Each neighbourhood delivers unique character and connectivity, helping buyers match location with lifestyle.

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Each link provides updated listings and expert insights.

FAQs – Townhouse for Sale Toronto GTA

1. What’s the average price of a townhouse in the GTA?
Prices vary, but most range between $750,000 and $1.1M depending on location and square footage.

2. Are townhouses a good investment in the GTA?
Yes. Townhomes offer strong resale value, especially in high-demand suburban markets with low inventory.

3. Do most townhouses in Toronto have condo fees?
Some do, especially stacked townhouses or those in newer developments. Freehold townhouses usually do not.

4. Where can I find affordable townhomes near Toronto?
Consider areas like Pickering, Ajax, or Milton for lower prices while staying close to the city.