204 Roxton Road, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C12913826
About this home
Exceptional investment opportunity in the highly sought-after Trinity Bellwoods neighbourhood!This beautifully renovated 2.5-storey legal duplex offers outstanding income potential in one of TO's most desirable communities. Extensively renovated in 2015/2016, the home wastaken back to the studs & thoughtfully rebuilt with quality craftsmanship into 2 spacious self-contained units, while also offering excellent potential for a future 3rd unit in the Bsmt. The upper unit spans the 2nd & 3rd flrs & features 3 spacious bdrms, 2 full bthrms, a modern eat-in ktch, & 2 private balconies, providing an ideal living space for families or professionals. The current tenant has provided notice to vacate effective Aug 31, 2026, presenting an exceptional opportunity for the new owner to occupy the unit or secure a new tenant at current market rental rates. The main flr unit offers a bright open-concept living & ktch area, a generous eat-in ktch, & walk-out to private backyard, creating a comfortable & functional layout. This unit is currently leased to an excellent AAA+ tenant who is to be assumed. The bsmt features a shared laundry room with coin-operated washer & dryer & has already been roughed-in for both a ktch & bthrm, offering excellent potential to create a 3rd income-generating suite (subject to all required approvals). At the rear of the property, a detached garage with laneway access provides additional flexibility for parking, storage, or future income opportunities. The property is equipped with 3 separate hydro meters & 3 owned high-efficiency furnaces & central air conditioning units. Ideally situated just steps to Trinity Bellwoods Park, vibrant Queen W, Dundas W, Ossington Ave, & the area's renowned cafés, restaurants & boutiques, with convenient access to TTC transit & downtown TO. This is a rare opportunity to acquire a turnkey, fully renovated income property offering immediate cash flow & outstanding future upside in one of TO's strongest rental markets.
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- C12913826
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 16 × 127 ft
- Cross streets
- 1 Block East of Ossignton Just South of College
- Parking
- 2 garage (detached)
- Basement
- Partially Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Other
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,717 / 2025
- Days on market
- 115
- Listing brokerage
- HOMELIFE REGIONAL REALTY LTD.
Rooms
modern kitchen · walk-out · pot lights
4 Pc Bath
double closet · window · pot lights
window · pot lights
modern kitchen · open concept · pot lights
Walk-Out
closet · window
open concept · pot lights · window
w/o to deck · combined w/kitchen · pot lights
4 Pc Bath
open concept · window
window · pot lights · closet
Listed at $1,700,000, this home is about 8% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Trinity-Bellwoods, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.09M, a bit higher.
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, listed at $1.80M
- Bedrooms +$30K
- Adjusts to $1.83M
That comparable adjusts to $1.83M; the $1.85M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Ossington/Old Orchard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Ossington Ave at College St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.85M, median of 7 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 10% below the area average of $1,078/sqft.
111 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Trinity-Bellwoods, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Ossington Ave at College St, about 88 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,360,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,257
- Property tax
- $726
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,984
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,475
- Toronto municipal land transfer tax
- $30,475
- Estimated closing costs
- $60,950
Plus your down payment of $340,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $435,448
- Principal paid down
- $173,196
- Interest paid
- $262,252
- Balance remaining
- $1,186,804
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.
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.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE REGIONAL REALTY LTD.. MLS®/PropTx.