49 Beatrice Street, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13636294
About this home
In short
- Exceptional, one-of-a-kind investment opportunity offering an outstanding 5% cap rate in the heart of coveted Trinity Bellwoods.
- Completely renovated back to the brick with uncompromising craftsmanship, this legally registered fourplex features a rare 3 storey addition that significantly...
- Purpose built and luxuriously finished divided into 4 two-bedroom suites, each with private outdoor space and spectacular CN Tower views.
- The executive residences have been thoughtfully designed with custom gourmet kitchens, expansive open-concept living spaces, new hardwood floors, spa-inspired...
- Extensively upgraded throughout, the property includes three high-efficiency HVAC systems, a fully underpinned and waterproofed basement with over 8-foot ceilings...
Exceptional, one-of-a-kind investment opportunity offering an outstanding 5% cap rate in the heart of coveted Trinity Bellwoods. Completely renovated back to the brick with uncompromising craftsmanship, this legally registered fourplex features a rare 3 storey addition that significantly expands the property's footprint - a feature seldom found in neighbourhood homes. Purpose built and luxuriously finished divided into 4 two-bedroom suites, each with private outdoor space and spectacular CN Tower views. The executive residences have been thoughtfully designed with custom gourmet kitchens, expansive open-concept living spaces, new hardwood floors, spa-inspired bathrooms, and generously proportioned bedrooms, creating a premium rental product that consistently attracts quality tenants. Extensively upgraded throughout, the property includes three high-efficiency HVAC systems, a fully underpinned and waterproofed basement with over 8-foot ceilings, new roof, new windows, rare 1-inch water service, upgraded 300-amp electrical service, three separate hydro meters, fire-rated interior doors, exterior fire dampers, and a dedicated owner's mechanical room. The newly constructed detached two-car garage has already been spray foam insulated and roughed in for hydro and water, opening the door to exceptional future laneway potential. A true turnkey investment designed for effortless ownership, this asset delivers exceptional cash flow, remarkably low operating costs, minimal maintenance requirements, and an outstanding rental history with zero vacancy. Perfectly positioned just steps to Ossington Avenue, Dundas Street West, College Street, Little Italy, Trinity Bellwoods Park, transit, cafés, boutiques, and some of Toronto's finest restaurants. Rarely does a property of this calibre become available! Perfect for discerning investors seeking stable, long-term returns or multi-generational buyers looking for luxury living with significant income potential.
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- C13636294
- Bedrooms
- 6+2 (8 total)
- Bathrooms
- 4
- Size
- 2500-3000 sq ft
- Lot
- 23.62 × 104 ft
- Cross streets
- Dundas and Ossington (Trinity Bellwoods)
- Parking
- 2 garage (detached)
- Driveway
- Lane
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 4 (3 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,543 / 2025
- Days on market
- 76
- Listing brokerage
- FREEMAN REAL ESTATE LTD.
Rooms
open concept · renovated · quartz counter
open concept · tile floor · large window
hardwood floor · large window · overlooks frontyard
quartz counter · stainless steel appl · renovated
hardwood floor · large window · large closet
tile floor · large window · large closet
hardwood floor · large window · large closet
hardwood floor · bay window · large closet
hardwood floor · large closet · large window
open concept · renovated · w/o to deck
hardwood floor · combined w/dining · w/o to balcony
open concept · renovated · hardwood floor
quartz counter · stainless steel appl · w/o to balcony
hardwood floor · large window · large closet
renovated · hardwood floor · w/o to yard
renovated · stainless steel appl · quartz counter
hardwood floor · large window · large closet
Listed at $2,799,000. Going by how homes in Trinity-Bellwoods and the wider GTA have actually closed against their asking prices (about 100%, 11 local closings in 90 days), the likely sale price is near $2.79M, if it sells. A realistic range is $2.62M to $3.15M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes more than one self-contained unit, and the single-family sales around it do not price the extra units.
Longer on the market than typical. 76 days on the market against about 20 for homes like it here, and asking 27% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $2.79M, from 11 recent closings in this pocket.
The market behind the math:
About 4.1 months of inventory: 15 semi-detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,018/sqft against an area asking average of $855/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Trinity-Bellwoods: 29 of the 170 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.08M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can 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
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Trinity-Bellwoods, so I widened the search to the surrounding area.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Trinity-Bellwoods, from 94 closings in Trinity-Bellwoods.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $2.20M, which is where my estimate comes from.
Per square foot, these ask about $727/sqft; this home lists at $1,018/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
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.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,239,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,381
- Property tax
- $879
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,260
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,450
- Toronto municipal land transfer tax
- $56,450
- Estimated closing costs
- $112,900
Plus your down payment of $559,800. 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
- $742,855
- Principal paid down
- $273,589
- Interest paid
- $469,266
- Balance remaining
- $1,965,611
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
The suite is real income here: basements rent in Trinity-Bellwoods (29 of 170 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 5 whole-home leases in Trinity-Bellwoods signed at a median of $2,689 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,130. 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 FREEMAN REAL ESTATE LTD.. MLS®/PropTx.