29 Belmont Street, Toronto, ON
Annex, Toronto · MLS® C13636978
About this home
In short
- Nestled among some of Yorkville's most charming heritage homes, this beautifully maintained red-brick rowhouse offers a rare combination of character, warmth, and...
- Rich in original architectural detail, the home showcases elegant arched openings, stained glass accents, hardwood floors, built-in shelving, and large windows that...
- Beautifully maintained and filled with timeless character, 29 Belmont Street presents a unique opportunity to own a special home in the heart of Yorkville, where the...
- Underground parking available at $310/month within a 2 min walk from the property.
Nestled among some of Yorkville's most charming heritage homes, this beautifully maintained red-brick rowhouse offers a rare combination of character, warmth, and location. Just steps from Yorkville's renowned boutiques, cafes, restaurants, galleries, and cultural attractions, it delivers an exceptional urban lifestyle in one of Toronto's most coveted neighbourhoods. Rich in original architectural detail, the home showcases elegant arched openings, stained glass accents, hardwood floors, built-in shelving, and large windows that fill the interior with natural light. The main floor offers inviting living and dining spaces that flow seamlessly to a private rear garden patio, creating an ideal setting for both everyday living and entertaining. Upstairs, two well-proportioned bedrooms are complemented by a dedicated den, perfectly suited for a home office, creative studio, or quiet retreat. The private rear garden extends the living space outdoors, while the unfinished lower level provides excellent storage and future potential. Beautifully maintained and filled with timeless character, 29 Belmont Street presents a unique opportunity to own a special home in the heart of Yorkville, where the best of the city is right outside your door. Underground parking available at $310/month within a 2 min walk from the property.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- C13636978
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 13.83 × 57 ft
- Cross streets
- Yonge & Belmont
- Parking
- 0 parking
- Driveway
- Street Only
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Membrane
- Sewer
- Sewer
- Property tax
- $6,078 / 2025
- Days on market
- 38
- Listing brokerage
- EXP REALTY
Listed at $1,229,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.35M, typically $1.15M to $1.45M. Comparable closings on their own put this home around $1.63M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.01M. That is about 38% below 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 $1.35M, median of 5 comparables.
The market behind the math:
About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,366/sqft against an area asking average of $1,116/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 5 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 $1.01M, lower than the comparables and worth a second look.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Jesse Ketchum Junior and Senior 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
This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.
There were not many closely comparable homes right in Annex, so I widened the search to the surrounding area.
Based on 5 homes sold on this street over the past two years, from 44 closings in Annex.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.63M, which is where my estimate comes from.
Per square foot, these ask about $1,116/sqft; this home lists at $1,366/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Annex, 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
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 $983,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,301
- Property tax
- $507
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,807
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,055
- Toronto municipal land transfer tax
- $21,055
- Estimated closing costs
- $42,110
Plus your down payment of $245,800. 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
- $318,032
- Principal paid down
- $123,743
- Interest paid
- $194,289
- Balance remaining
- $859,457
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 8 whole-home leases in Annex signed at a median of $5,954 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,382. 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 EXP REALTY. MLS®/PropTx.