5b-45 Bellevue Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13089266

$3,000/mo
For Lease
Listed 77 days ago
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2Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft

About this home

Tucked away on Bellevue Ave in the heart of Kensington Market, this brand new, never lived-in 2-bedroom, 1-bathroom two-storey suite offers a thoughtful blend of style and function across 770 sq ft. Featuring 9-foot ceilings and bright, modern lighting throughout, the space feels open and inviting. The custom kitchen is finished with sleek quartz countertops, while the two-level layout provides great separation between living and sleeping areas. Enjoy the convenience of in-suite laundry, a separate sump pump, and access to a beautifully landscaped common area. Complete with a security gate and bike locker, and just steps to some of the city's best restaurants, breweries, grocery shopping, TTC, parks, as well as nearby hospitals and universities, this is a turnkey opportunity in one of Toronto's most vibrant neighbourhoods.

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13089266
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Bathurst/College/Dundas
Parking
0 parking
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten , Metal/Steel Siding
Foundation
Concrete
Roof
Membrane
Sewer
Sewer
Days on market
77
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

BedroomLower3.35 × 2.32 m

closet · hardwood floor · pot lights

Living RoomMain2.93 × 3.69 m

hardwood floor · large window · combined w/kitchen

KitchenMain3.50 × 3.69 m

stainless steel appl · breakfast area · pot lights

Primary BedroomLower3.35 × 2.68 m

closet · hardwood floor · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$2,614/moest. value

Listed at $3,000/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 97% of asking and homes lease in about 28 days.

Based on 78 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 78 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 $2,150/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,300/mo

That comparable adjusts to $2,300/mo; the $2,614/mo estimate above is the median of all 78 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 King Edward Junior and Senior Public 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
$2,145/moBelow market$3,096/moAbove market

Total price vs nearby homes. Fair value about $2,614/mo, median of 78 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
Comparable listingsCurrently listed nearby · asking prices
$2,950avg asking

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

1-97 Trinity Street$2,7001a-45 Bellevue Avenue$3,400Bsmt-17 Henry Street$2,3006 Ray Avenue$2,400Laneway-598 Crawford Street$3,950

The 5 closest active listings nearby.

See all comparable homes
3,000This home2,7003,4002,3002,4003,950This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
6active listings nearby
77days on market
59leased nearby · 90 days
$3Kmedian leased price
97%of asking, on average

65 days longer than the Toronto average (12 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
$6K
Niagara
$4K
Annex
$5K
Moss Park
$2K
Dovercourt-Wallace Emerson-Junction
$4K

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 da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 67% meet the provincial standard

Affordability & Mortgage

Affordability
$14/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 $14Property tax $2Total carry $16

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 22, 2026); conventional rates run a little higher.

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

Mortgage amount $2,400 · 4.14% over 25 years

$600Down payment (20.0%)
$2,400Loan before insurance
$0CMHC premium
$15Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15

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 $600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16/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

$1,442Total interest paid
$3,842Total of all payments
Principal $2,400 Interest $1,442
YearPrincipalInterestBalance
1$56$97$2,344
2$59$95$2,285
3$61$93$2,224
4$64$90$2,161
5$66$87$2,094
6$69$85$2,025
7$72$82$1,953
8$75$79$1,879
9$78$76$1,801
10$81$72$1,719
11$85$69$1,635
12$88$65$1,546
13$92$62$1,454
14$96$58$1,359
15$100$54$1,259
16$104$50$1,155
17$108$45$1,047
18$113$41$934
19$118$36$816
20$122$31$694
21$128$26$566
22$133$21$433
23$138$15$295
24$144$9$150
25$150$3$0

At the end of your 5-year term

Total paid over the term
$768
Principal paid down
$306
Interest paid
$463
Balance remaining
$2,094

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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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