53 Argyle Street, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13118978
About this home
A Rare Opportunity in the Heart of the Ossington District. Step inside this 4,500+ sq. ft. architectural treasure, where historic character meets modern luxury. Built in 1933 as a community centre, 53 Argyle Street has been reimagined into a one-of-a-kind residence with commercial + residential zoning - ideal for live/work flexibility or a creative entrepreneurial vision. Located in the Soho of Toronto - Vogue's pick as the World's 2nd Hippest District - you're just steps from Trinity Bellwoods Park, Queen West, Ossington's vibrant café culture, art galleries, and award-winning restaurants. The main floor impresses with open-concept living and dining, a chef's kitchen with granite counters and extra-large fridge, sun-filled atrium and office space. Heated floors and skylights add comfort and light throughout. The second floor features a serene primary suite with walk-in closet, ensuite spa (Roman bath, bidet, sauna), plus three additional bedrooms and a luxe five-piece bath. Upstairs, discover a third-floor retreat - two bedrooms linked by a secret passage that kids will love it, and a copper soaking tub. The finished basement offers 8'5" ceilings, a second kitchen, bathroom, and elevator access - perfect for an artist's studio, guest suite, or private office. Step outside to a private courtyard oasis that you can turn into an entertainer's dream. Additional features include marble and hardwood finishes, central air and alarm system. This property is more than a home - it's a lifestyle, a statement, and an investment in Toronto's most coveted urban playground.
Key facts
- Property type
- Other, 3-Storey
- MLS®
- C13118978
- Bedrooms
- 6
- Bathrooms
- 5
- Size
- 5,000 sq ft
- Lot
- 52 × 50 ft
- Cross streets
- Argyle/Ossington
- Parking
- 2 parking
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $20,104 / 2025
- Days on market
- 71
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
french doors · marble floor · juliette balcony
granite counters · open concept · concrete floor
marble floor · open concept · combined w/family
marble floor · window
marble floor · window · combined w/dining
concrete counter · window · open concept
Listed at $3,490,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
In Trinity-Bellwoods lately, sellers have been getting about 105% of asking and homes sell in about 16 days.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.99M, higher than the comparables and worth a second look.
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 $3.19M
- Size difference +$1.12M
- Bedrooms −$60K
- Bathrooms −$90K
- Adjusts to $4.16M
That comparable adjusts to $4.16M; the $3.91M estimate above is the median of all 5 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 (Givins/Shaw Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $3.91M, median of 5 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 2 closest active listings nearby.
See all comparable homesOn the market now.
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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,792,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,899
- Property tax
- $1,675
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,574
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,725
- Toronto municipal land transfer tax
- $78,625
- Estimated closing costs
- $152,350
Plus your down payment of $698,000. 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
- $893,949
- Principal paid down
- $355,562
- Interest paid
- $538,387
- Balance remaining
- $2,436,438
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
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 RE/MAX WEST REALTY INC.. MLS®/PropTx.