40 Bellevue Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13743164

$1,988,888
For Sale
Listed 46 days agoNo offer date stated
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5+1Bedrooms
3Bathrooms
1Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Step Into a Piece of Toronto's History With This Large Five Bedroom Semi-Detached Two Storey Home.
  • This Home Offers 2288 Square Feet of Above Ground Living Space.

Welcome To Your Home. Step Into a Piece of Toronto's History With This Large Five Bedroom Semi-Detached Two Storey Home. Perfectly Situated In The Vibrant and Eclectic Neighborhoods of Kensington Market and Chinatown. This Home Offers 2288 Square Feet of Above Ground Living Space. A One Car Garage, With Double Private Driveway. For A Total Of Four Parking Spaces, Something Rare In Downtown Toronto. Ideal For a Large Family or as an Income-Generating Property. Basement Boasts Separate Multiple Entrances and Backyard Walk-Out Through The Kitchen. Prime Location Steps To Kensington Market, Chinatown, U of T, Hospitals, Trendy Cafes, And Public Transit. Investment Potential A Rare Find With Significant Rental Income Opportunities in One of Toronto's Most Sought-After Neighborhoods.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C13743164
Bedrooms
5+1 (6 total)
Bathrooms
3
Size
2000-2500 sq ft
Lot
21.6 × 149.34 ft
Cross streets
Dundas St.West & Bathurst St
Parking
1 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,088 / 2026
Days on market
46
Listing brokerage
RIGHT AT HOME REALTY

Rooms

LaundryBasement1.88 × 1.88 m

Tile Floor

Family RoomMain6.55 × 4.88 m

combined w/living · pot lights · large window

Living RoomMain6.55 × 4.88 m

combined w/family · pot lights · large window

BathroomSecond2.15 × 1.75 m

4 pc bath · tile floor

Bedroom 4Second4.88 × 3.05 m

broadloom · large closet · large window

BathroomBasement2.45 × 2.15 m

5 pc bath · tile floor

Bedroom 5Main3.66 × 2.75 m

3 pc ensuite · parquet · window

Bedroom 3Second3.35 × 3.05 m

parquet · closet · large window

Bedroom 2Second4.88 × 3.35 m

parquet · closet · large window

BedroomSecond5.95 × 3.66 m

hardwood floor · large closet · large window

Dining RoomMain3.05 × 3.82 m

parquet · large window

RecreationBasement5.85 × 4.88 m

tile floor · wet bar

SolariumMain4.88 × 2.45 m

tile floor · large window

KitchenBasement4.88 × 2.15 m

tile floor · walk-out

BathroomMain2.75 × 1.25 m

3 pc bath · tile floor

KitchenMain4.88 × 4.15 m

tile floor · walk-out

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

University
$1.75M
Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K
Junction Area
$1.16M

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 · 0.6 km awayBelow the GTA average · 67% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Kensington Community School School Junior · Public elementary0.3 km · 97% at standard
Ryerson Community School Junior Senior · Public elementary0.3 km · 52% at standard
Lord Lansdowne Junior Public School · Public elementary0.6 km · 85% at standard
Beverley School · Public elementary0.7 km
Subway Academy II · Public secondary0.7 km
Heydon Park Secondary School · Public secondary0.7 km · 8% at standard
Charles G Fraser Junior Public School · Public elementary0.8 km · 74% at standard
Ogden Junior Public School · Public elementary0.8 km · 69% at standard
St Francis of Assisi Catholic School · Catholic elementary0.9 km · 80% at standard
Clinton Street Junior Public School · Public elementary0.9 km · 90% at standard
ALPHA Alternative Junior School · Public elementary1.0 km
Oasis Alternative Secondary School · Public secondary1.0 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$9,065/mo
$372KIncome needed
5.3×Price ÷ income
$2,092Weekly cost
$72,506Land transfer tax, one-time (Ontario + Toronto)
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.

92%mortgage
Mortgage $9,065Property tax $757Total carry $9,822

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,798per month

Mortgage amount $1,591,110 · 4.49% over 25 years

$397,778Down payment (20.0%)
$1,591,110Loan before insurance
$0CMHC premium
$9,555Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,798
Property tax
$757
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,555

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

One-time closing costs

Ontario land transfer tax
$36,253
Toronto municipal land transfer tax
$36,253
Estimated closing costs
$72,506

Plus your down payment of $397,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,648/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

$1,048,146Total interest paid
$2,639,257Total of all payments
Principal $1,591,110 Interest $1,048,146
YearPrincipalInterestBalance
1$35,507$70,063$1,555,604
2$37,119$68,451$1,518,485
3$38,804$66,766$1,479,680
4$40,566$65,004$1,439,114
5$42,408$63,162$1,396,706
6$44,334$61,237$1,352,373
7$46,346$59,224$1,306,026
8$48,451$57,119$1,257,575
9$50,651$54,920$1,206,925
10$52,950$52,620$1,153,974
11$55,355$50,216$1,098,620
12$57,868$47,702$1,040,752
13$60,495$45,075$980,257
14$63,242$42,328$917,015
15$66,113$39,457$850,901
16$69,115$36,455$781,786
17$72,253$33,317$709,532
18$75,534$30,036$633,998
19$78,964$26,607$555,035
20$82,549$23,021$472,486
21$86,297$19,273$386,189
22$90,215$15,355$295,974
23$94,311$11,259$201,663
24$98,593$6,977$103,070
25$103,070$2,500$0

At the end of your 5-year term

Total paid over the term
$527,851
Principal paid down
$194,404
Interest paid
$333,447
Balance remaining
$1,396,706

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
1.7%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.5%
Gross yield
− Property tax $9,088− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,368

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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