Main-116 Bellevue Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13573754

$3,950/mo
For Lease
Listed 6 days ago
Request a showing
◎ Directions
3Bedrooms
1Bathrooms
0Parking
1100-1500Sq Ft

About this home

Located in an unbeatable spot near the University of Toronto, this main floor unit with three bedrooms has been completely renovated, offering a fresh and modern vibe. Ideal for families or students, the space is both cozy and stylish, with sleek finishes throughout. Whether you're relaxing in the bright living room or cooking up a storm in the updated kitchen, this place ticks all the boxes for convenient city living. Plus, with its prime location, you're just steps away from all the action and amenities Toronto has to offer.

Key facts

Property type
Townhouse, 2-Storey
MLS®
C13573754
Bedrooms
3
Bathrooms
1
Size
1100-1500
Cross streets
Bathurst And College
Parking
0 parking
Driveway
None
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
6
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BathroomMain0.00 × 0.00 m

4 pc bath · natural finish

Bedroom 2Main0.00 × 0.00 m

b/i closet · laminate

KitchenMain0.00 × 0.00 m

open concept · stainless steel appl · family size kitchen

Family RoomMain0.00 × 0.00 m

large window · laminate

BedroomMain0.00 × 0.00 m

b/i closet · laminate · window

Bedroom 3Main0.00 × 0.00 m

b/i closet · window · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$3,938/moest. value

Listed at $3,950/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Kensington-Chinatown lately, landlords have been getting about 98% of asking and homes lease in about 26 days.

Based on 82 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 82 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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 $3,700/mo
  • Bathrooms −$200/mo
  • Adjusts to $3,500/mo

That comparable adjusts to $3,500/mo; the $3,938/mo estimate above is the median of all 82 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
$3,300/moBelow market$4,494/moAbove market

Total price vs nearby homes. Fair value about $3,938/mo, median of 82 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. Value driver
Comparable listingsCurrently listed nearby · asking prices
$3,783avg asking

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

Upper-116 Bellevue Avenue$4,100368 Howland Avenue$4,250Upper 66 Bellevue Avenue$3,000

The 3 closest active listings nearby.

See all comparable homes
3,950This home4,1004,2503,000This home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $3K
7active listings nearby
6days on market
45leased nearby · 90 days
$4Kmedian leased price
98%of asking, on average

6 days faster 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
Moss Park
$2K
Dovercourt-Wallace Emerson-Junction
$4K
South Riverdale
$5K

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 · 0.4 km awayBelow the GTA average · 67% meet the provincial standard

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $18Property tax $2Total carry $20

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,160 · 4.14% over 25 years

$790Down payment (20.0%)
$3,160Loan before insurance
$0CMHC premium
$19Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $790. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20/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

$1,899Total interest paid
$5,059Total of all payments
Principal $3,160 Interest $1,899
YearPrincipalInterestBalance
1$74$128$3,086
2$77$125$3,009
3$80$122$2,928
4$84$119$2,845
5$87$115$2,758
6$91$111$2,667
7$95$108$2,572
8$99$104$2,473
9$103$100$2,371
10$107$95$2,264
11$112$91$2,152
12$116$86$2,036
13$121$81$1,915
14$126$76$1,789
15$131$71$1,657
16$137$65$1,521
17$143$60$1,378
18$149$54$1,229
19$155$48$1,075
20$161$41$913
21$168$34$745
22$175$27$570
23$182$20$388
24$190$12$198
25$198$4$0

At the end of your 5-year term

Total paid over the term
$1,012
Principal paid down
$402
Interest paid
$609
Balance remaining
$2,758

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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

CallRequest a showing