121 Markham Street, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13501116

$2,495,000
For Sale
Listed 18 days ago
4Bedrooms
5Bathrooms
2Garage
2000-2500Sq Ft

About this home

A striking expression of contemporary architecture in the heart of Trinity Bellwoods, this exceptional residence offers nearly 3,200 sq. ft. of meticulously designed living space in one of Toronto's most coveted neighbourhoods. Steps from Queen West's acclaimed restaurants, boutiques, galleries and cafés, the home delivers a rare balance of urban connectivity and private retreat. Defined by soaring ceilings, dramatic volumes and walls of glass, the residence is filled with natural light and seamlessly blends sophisticated design with everyday functionality. The main level unfolds through elegant open-concept living and dining spaces into a beautifully appointed chef's kitchen, culminating in a spectacular double-height family room that opens effortlessly to the private landscaped garden, creating an exceptional indoor-outdoor living experience. The second level offers two spacious bedrooms and a versatile library or home office overlooking the architectural volumes below. Occupying the entire third floor, the primary suite is a private sanctuary featuring a spa-inspired ensuite, custom walk-in closet and direct access to an expansive rooftop terrace with panoramic views of Toronto's skyline. Additional east- and west-facing rooftop terraces extend the home's exceptional outdoor living spaces. Offering 3+1 bedrooms and five beautifully appointed bathrooms, the residence provides remarkable flexibility for family living, guests or executive work-from-home needs. A rare oversized garage incorporates a private fitness area while providing generous storage and parking. Thoughtfully curated throughout, the home features automated blinds, two gas fireplaces, dual high-efficiency furnaces, integrated security, private landscaped rear gardens with direct garage access, and architectural plans for a future third-floor office.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13501116
Bedrooms
4 (3 + 1)
Bathrooms
5 (1 half)
Size
2000-2500
Lot
16.5 × 134.8 ft
Cross streets
Bathurst/Dundas
Parking
2 garage (detached)
Driveway
Lane
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Membrane
Sewer
Sewer
Property tax
$12,745 / 2026
Days on market
18
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Second4.50 × 4.09 m

his and hers closets · overlooks family · 4 pc ensuite

Family RoomMain4.12 × 4.09 m

hardwood floor · marble fireplace · window floor to ceiling

KitchenMain5.69 × 3.58 m

hardwood floor · modern kitchen · centre island

BedroomLower4.22 × 2.96 m

halogen lighting · window · closet

RecreationLower6.71 × 3.00 m

pot lights · window · combined w/laundry

Living RoomMain4.47 × 3.02 m

hardwood floor · large window · b/i shelves

Primary BedroomThird4.37 × 4.09 m

marble fireplace · window floor to ceiling · w/o to deck

LaundryLower3.00 × 1.50 m

b/i shelves · stainless steel sink · tile floor

Dining RoomMain5.46 × 4.09 m

hardwood floor · combined w/kitchen · open concept

BathroomThird4.06 × 2.18 m

5 pc ensuite · tile floor · overlook patio

FoyerMain1.70 × 1.50 m

west view · tile floor · double closet

Bedroom 3Second4.65 × 2.84 m

hardwood floor · 4 pc ensuite · large window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. 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.

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

On location, this is a very walkable address with everyday errands close by. Bathurst St at Dundas St West (Toronto Western Hospital) is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • 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.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.43Mavg asking

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

33 Rose Avenue$2.30M19 Woodstream Drive$1.00M28 Seminoff Street$949k3002 Bayview Avenue$1.66M18 Deep Roots Terrace$1.22M

The 5 closest active listings nearby.

See all comparable homes
2.50MThis home2.30M1.00M949k1.66M1.22MThis home vs active comparables
Live market pulseActive comparables in Trinity-Bellwoods · median list $1.20M
$1,109this home / sqft
9active listings nearby
18days on market

This home lists 22% above the area average of $906/sqft.

9 days longer than the Toronto average (9 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Trinity-Bellwoods, 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.

Getting around

84/ 100

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: Bathurst St at Dundas St West (Toronto Western Hospital), about 122 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Roncesvalles
$999K
Moss Park
$1.27M
Cabbagetown-South St. James Town
$1.71M
South Riverdale
$999K
Mimico
$1.18M

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 Charles G Fraser Junior Public School
74%
Charles G Fraser Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$11,371/mo
$470KIncome needed
5.3×Price ÷ income
$2,624Weekly 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.

91%mortgage
Mortgage $11,371Property tax $1,062Total carry $12,433

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,651per month

Mortgage amount $1,996,000 · 4.14% over 25 years

$499,000Down payment (20.0%)
$1,996,000Loan before insurance
$0CMHC premium
$11,713Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,651
Property tax
$1,062
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,713

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

One-time closing costs

Ontario land transfer tax
$48,850
Toronto municipal land transfer tax
$48,850
Estimated closing costs
$97,700

Plus your down payment of $499,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,937/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

$1,199,419Total interest paid
$3,195,419Total of all payments
Principal $1,996,000 Interest $1,199,419
YearPrincipalInterestBalance
1$46,759$81,057$1,949,241
2$48,715$79,101$1,900,525
3$50,753$77,064$1,849,772
4$52,876$74,941$1,796,897
5$55,088$72,729$1,741,809
6$57,392$70,425$1,684,417
7$59,792$68,024$1,624,625
8$62,293$65,523$1,562,331
9$64,899$62,918$1,497,432
10$67,614$60,203$1,429,818
11$70,442$57,375$1,359,376
12$73,388$54,428$1,285,988
13$76,458$51,359$1,209,530
14$79,656$48,161$1,129,874
15$82,988$44,829$1,046,886
16$86,459$41,357$960,426
17$90,076$37,741$870,350
18$93,844$33,973$776,507
19$97,769$30,048$678,738
20$101,858$25,958$576,879
21$106,119$21,698$470,760
22$110,558$17,259$360,202
23$115,182$12,634$245,020
24$120,000$7,817$125,020
25$125,020$2,797$0

At the end of your 5-year term

Total paid over the term
$639,084
Principal paid down
$254,191
Interest paid
$384,893
Balance remaining
$1,741,809

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.

Investor snapshot

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
1.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.0%
Gross yield
− Property tax $12,745− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $30,711

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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