65 Bellwoods Avenue, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13478726
About this home
In short
- Rare opportunity to acquire an iconic Trinity Bellwoods landmark offering approximately 11,634 sq. ft. across two levels.
- Originally constructed over a century ago, this extraordinary post-and-beam building showcases exposed triple-brick walls, heavy timber construction, soaring...
- Rich in history and character, the property was once home to the first Coca-Cola bottling operation outside the United States, established in 1906, and retains...
- Property being sold under Power of Sale in "as-is, where-is" condition.
Rare opportunity to acquire an iconic Trinity Bellwoods landmark offering approximately 11,634 sq. ft. across two levels. Originally constructed over a century ago, this extraordinary post-and-beam building showcases exposed triple-brick walls, heavy timber construction, soaring ceilings, expansive windows, and exceptional natural light throughout. Rich in history and character, the property was once home to the first Coca-Cola bottling operation outside the United States, established in 1906, and retains architectural features rarely found in Toronto today. Currently configured with residential and office components, the property presents a remarkable opportunity for a spectacular custom residence, live/work environment, creative studio, or other permitted uses, subject to purchaser due diligence and approvals. Situated moments from Trinity Bellwoods Park and the vibrant shops, cafes, restaurants, and culture of Queen West and Ossington, the property offers an unparalleled combination of scale, character, and location. Residential zoning with existing legal non-confirming office use provides exceptional flexibility for end-users, investors, architects, designers, and creative entrepreneurs seeking a truly irreplaceable asset in one of Toronto's most coveted neighbourhoods. A rare opportunity to restore, reimagine, and create a one-of-a-kind property where history, architecture, and future potential converge. Property being sold under Power of Sale in "as-is, where-is" condition.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13478726
- Bedrooms
- 5
- Bathrooms
- 6 (5 half)
- Size
- 5,000 sq ft
- Lot
- 52.08 × 127.09 ft
- Cross streets
- Queen St W / Bellwoods Ave
- Parking
- 2 parking
- Driveway
- Front Yard Parking
- Basement
- None
- Heating
- Radiant
- A/C
- Central Air, Other
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $49,472 / 2025
- Days on market
- 80
- Listing brokerage
- THE BEHAR GROUP REALTY INC.
Rooms
Listed at $4,999,999. My estimate lands at $2.73M, so the ask sits about 83% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
A price cut is the likelier next move. 80 days on the market, and asking 83% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.
Second read, from the city assessment: $9.58M. That is about 250% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $2.73M, median of 17 comparables.
The market behind the math:
About 6.8 months of inventory: 9 detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,000/sqft against an area asking average of $1,298/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 17 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $9.58M, higher than the comparables and worth a second look.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Charles G Fraser Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,000/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Trinity-Bellwoods, so I widened the search to the surrounding area.
Based on 17 comparable homes that sold in Trinity-Bellwoods over the past two years, from 37 closings there.
For sale
For sale
For sale
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For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.73M, which is where my estimate comes from.
Per square foot, these ask about $1,574/sqft; this home lists at $1,000/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $3,999,999 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $21,564
- Property tax
- $4,123
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,687
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $111,475
- Toronto municipal land transfer tax
- $141,475
- Estimated closing costs
- $252,950
Plus your down payment of $1,000,000. 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
- $1,293,867
- Principal paid down
- $503,431
- Interest paid
- $790,436
- Balance remaining
- $3,496,568
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 numbersThe last 6 whole-home leases in Trinity-Bellwoods signed at a median of $8,332 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $10,141. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE BEHAR GROUP REALTY INC.. MLS®/PropTx.