43 Carr Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13118792

$2,950/mo
For Lease
Listed 71 days ago
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2Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

A truly rare opportunity to live in a private, semi-detached bungalow in the heart of Queen West! Ideally located just steps to Kensington Market, King West, Little Italy, U of T, UHN and surrounded by the vibrant shops, cafés, and restaurants that define this iconic neighbourhood. This charming home offers the perfect blend of character and convenience, featuring soaring 10-foot ceilings, a spacious dining area ideal for entertaining, and the ease of private laundry. Enjoy the added benefit of a private driveway-an exceptional find in this location. The standout chef's kitchen is designed to impress, with generous counter space, a gas range, double oven, and sleek stainless steel appliances-perfect for those who love to cook and host. A unique lease opportunity that delivers space, privacy, and an unbeatable downtown lifestyles

Key facts

Property type
Semi-Detached, Bungalow
MLS®
C13118792
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Queen St West/Bathurst
Parking
1 parking
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
71
Listing brokerage
ORIGIN COLLECTIVE REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$2,590/moest. value

Listed at $2,950/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.

In Kensington-Chinatown lately, landlords have been getting about 99% of asking and homes lease in about 31 days.

There were not many closely comparable homes right in Kensington-Chinatown, so I widened the search to the surrounding area.

Based on 70 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 70 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $3,100/mo
  • Adjusts to $3,100/mo

That comparable adjusts to $3,100/mo; the $2,590/mo estimate above is the median of all 70 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2,116/moBelow market$3,150/moAbove market

Total price vs nearby homes. Fair value about $2,590/mo, median of 70 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1,983avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Bsmt-17 Gailong Court$2,150Basement-11 Rambler Place$2,000103 Santamonica Boulevard$1,800

The 3 closest active listings nearby.

See all comparable homes
2,950This home2,1502,0001,800This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $6K
6active listings nearby
71days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

66 days longer than the Toronto average (5 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Trinity-Bellwoods
$3K
Palmerston-Little Italy
$2K
Little Portugal
$4K
Dufferin Grove
$4K
Dovercourt-Wallace Emerson-Junction
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $13Property tax $2Total carry $15

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13per month

Mortgage amount $2,360 · 4.14% over 25 years

$590Down payment (20.0%)
$2,360Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$30

Plus your down payment of $590. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,418Total interest paid
$3,778Total of all payments
Principal $2,360 Interest $1,418
YearPrincipalInterestBalance
1$55$96$2,305
2$58$94$2,247
3$60$91$2,187
4$63$89$2,125
5$65$86$2,059
6$68$83$1,992
7$71$80$1,921
8$74$77$1,847
9$77$74$1,771
10$80$71$1,691
11$83$68$1,607
12$87$64$1,521
13$90$61$1,430
14$94$57$1,336
15$98$53$1,238
16$102$49$1,136
17$107$45$1,029
18$111$40$918
19$116$36$803
20$120$31$682
21$125$26$557
22$131$20$426
23$136$15$290
24$142$9$148
25$148$3$0

At the end of your 5-year term

Total paid over the term
$756
Principal paid down
$301
Interest paid
$455
Balance remaining
$2,059

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ORIGIN COLLECTIVE REALTY LTD.. MLS®/PropTx.

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