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
Address
42 Carr Street
List Price
$1,688,800
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Toronto C01
Sub-Area
Kensington-Chinatown
County
Toronto
Bedrooms
3 + 1
Bathrooms
3
Floor Area
700 - 1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
88
Lot Size Units
Feet
Lot Width
35.83
MLS® Number
C12243931
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
Finished, Separate Entrance
Postal Code
M5T 1B5
Parking
Private
Parking Places (Total)
3
Tax Amount
$9,070.00
Tax Year
2024
Exterior Features
Security Gate
Interior Features
None
Property Features
Public Transit, Park
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Unknown
Garage Type
Detached
Kitchens Total
2
Other Structures
Fence - Full
Pool Features
None
Roof
Asphalt Shingle
Waterfront
No
Sewer
Sewer
