40 Claremont Street, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13752634

$1,099,999
For Sale
Listed 4 days agoNo offer date stated
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4Bedrooms
2Bathrooms
0Parking
1100-1500Sq ft

About this home

In short

  • The Trinity Bellwoods townhouse you have been waiting for.
  • Discover this versatile 3 storey townhouse offering endless possibilities with 4 bedrooms, 2 bathrooms (including additional rough-in basement washroom), and two...
  • Walk out to the private backyard oasis equipped with a patio deck for hosting friends and family.
  • Steps to the iconic Trinity Bellwoods Park with its expansive green space, tennis courts, playgrounds, dog park, and vibrant community events.

The Trinity Bellwoods townhouse you have been waiting for! Discover this versatile 3 storey townhouse offering endless possibilities with 4 bedrooms, 2 bathrooms (including additional rough-in basement washroom), and two kitchens on the main and second floors. The basement features a separate front entrance, while the home's former duplex setup makes it possible to convert back for excellent rental income or multi-generational living. Walk out to the private backyard oasis equipped with a patio deck for hosting friends and family. Perfectly situated in the heart of the highly sought-after Trinity Bellwoods neighbourhood, this property delivers an unbeatable walkable lifestyle. Steps to the iconic Trinity Bellwoods Park with its expansive green space, tennis courts, playgrounds, dog park, and vibrant community events. Enjoy quick access to high-end restaurants, trendy cafes, and boutique shops along Queen Street West and Ossington Avenue - from acclaimed spots like Sud Forno and Teroni to the bustling local scene that defines this dynamic west-end enclave. Live where everything is at your doorstep!

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13752634
Bedrooms
4
Bathrooms
2
Size
1100-1500 sq ft
Lot
12.83 × 90.3 ft
Cross streets
Queen St W. & Bathurst St
Parking
0 parking
Driveway
None
Basement
Partially Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,191 / 2026
Days on market
4
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Our TakeTeam Asgarian · Broker
In line
$1.11Mest. value

Listed at $1,099,999 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.11M, typically $905K to $1.28M. Comparable closings on their own put this home around $1.12M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.11M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$905KBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Fair value about $1.11M, median of 6 comparables.

The market behind the math:

4sold nearby · 90 days
4days on market so far
$6,279/moest. rent · 6 leases
6.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.3 months of inventory: 7 townhouse homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $846/sqft against an area asking average of $981/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 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 $1.11M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Charles G Fraser Junior 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

There were not many closely comparable homes right in Trinity-Bellwoods, so I widened the search to the surrounding area.

Based on 9 homes sold on this street over the past two years, from 75 closings in Trinity-Bellwoods.

What sellers nearby are askingCurrently listed nearby in Trinity-Bellwoods · asking prices
$1.43Mavg asking

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 $1.12M, which is where my estimate comes from.

Per square foot, these ask about $964/sqft; this home lists at $846/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.10MThis home1.28M1.20M1.20M1.59M1.89MThis home vs active comparables

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.

Nearby neighbourhoods

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

Little Portugal
$1.26M
University
$1.40M
Annex
$2.29M
Cabbagetown-South St. James Town
$1.85M
South Riverdale
$1.30M

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 · 0.1 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Niagara Street Junior Public School · Public elementary0.5 km · 82% at standard
St Mary Catholic School · Catholic elementary0.5 km · 64% at standard
Givins/Shaw Junior Public School · Public elementary0.6 km · 81% at standard
Ryerson Community School Junior Senior · Public elementary0.7 km · 52% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.9 km
Pope Francis Catholic School · Catholic elementary1.0 km · 67% at standard
ALPHA Alternative Junior School · Public elementary1.0 km
Oasis Alternative Secondary School · Public secondary1.0 km
Kensington Community School School Junior · Public elementary1.0 km · 97% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.1 km · 88% at standard
Clinton Street Junior Public School · Public elementary1.1 km · 90% at standard
King Edward Junior and Senior Public School · Public elementary1.2 km · 83% at standard

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

Affordability & Mortgage

Affordability
$5,013/mo
$211KIncome needed
5.2×Price ÷ income
$1,157Weekly cost
$36,950Land 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.

91%mortgage
Mortgage $5,013Property tax $516Total carry $5,529

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,744per month

Mortgage amount $879,999 · 4.24% over 25 years

$220,000Down payment (20.0%)
$879,999Loan before insurance
$0CMHC premium
$5,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,744
Property tax
$516
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,260

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

One-time closing costs

Ontario land transfer tax
$18,475
Toronto municipal land transfer tax
$18,475
Estimated closing costs
$36,950

Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,756/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

$543,253Total interest paid
$1,423,252Total of all payments
Principal $879,999 Interest $543,253
YearPrincipalInterestBalance
1$20,332$36,598$859,667
2$21,203$35,727$838,464
3$22,112$34,818$816,352
4$23,059$33,871$793,292
5$24,048$32,883$769,244
6$25,078$31,852$744,166
7$26,153$30,778$718,014
8$27,273$29,657$690,741
9$28,442$28,488$662,299
10$29,661$27,270$632,638
11$30,931$25,999$601,707
12$32,257$24,673$569,450
13$33,639$23,291$535,811
14$35,080$21,850$500,730
15$36,584$20,346$464,147
16$38,151$18,779$425,995
17$39,786$17,144$386,209
18$41,491$15,439$344,719
19$43,269$13,661$301,450
20$45,123$11,807$256,327
21$47,056$9,874$209,271
22$49,073$7,858$160,198
23$51,175$5,755$109,023
24$53,368$3,562$55,655
25$55,655$1,275$0

At the end of your 5-year term

Total paid over the term
$284,650
Principal paid down
$110,755
Interest paid
$173,896
Balance remaining
$769,244

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
From 6 whole-home leases in Trinity-Bellwoods$6,279/mo
$75,348Gross annual rent
5.4%Cap rate after taxes and upkeep
$5,375 to $6,781Typical rent range

The suite is real income here: basements rent in Trinity-Bellwoods (16 of 89 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 numbers

The last 6 whole-home leases in Trinity-Bellwoods signed at a median of $6,274 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,279. 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.

6.8%
Gross yield
− Property tax $6,191− Insurance $1,400− Vacancy & upkeep $8,288Net operating income $59,469

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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