18 1/2 Bellevue Avenue, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13761660

$699,000
For Sale
Listed 40 days agoNo offer date stated
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4+1Bedrooms
2Bathrooms
0Parking
1500-2000Sq ft

About this home

In short

  • KENSINGTON MARKET GEM WITH UNLIMITED POTENTIAL.
  • Tucked away just behind the vibrant streetscape of Bellevue Ave, 18 1/2 Bellevue Ave offers a truly unique opportunity in one of Toronto's most eclectic and...
  • This distinctive property requires extensive renovation and is being offered as a rare blank canvas for those with vision.
  • Property is being sold strictly WHERE IS, AS IS, with no representations or warranties regarding condition or future use.
  • Buyers to conduct their own due diligence regarding renovations, zoning, permits and intended use.

KENSINGTON MARKET GEM WITH UNLIMITED POTENTIAL! Tucked away just behind the vibrant streetscape of Bellevue Ave, 18 1/2 Bellevue Ave offers a truly unique opportunity in one of Toronto's most eclectic and sought-after neighbourhoods. This distinctive property requires extensive renovation and is being offered as a rare blank canvas for those with vision. Transform it into a one-of-a-kind urban residence, creative retreat, art or music studio, or an inspiring live/work space. Immerse yourself in the unmistakable character of Kensington Market, surrounded by colourful murals, independent shops, vintage finds, cafés, restaurants, galleries and a vibrant arts and music scene. Pedestrian-friendly streets and an exceptionally central location put Chinatown, Queen's Park, University of Toronto, the Art Gallery of Ontario and Downtown Toronto all within easy walking distance. A truly unconventional property in an extraordinary neighbourhood where creativity knows no boundaries. The potential is unlimited for the buyer with vision. Property is being sold strictly WHERE IS, AS IS, with no representations or warranties regarding condition or future use. Buyers to conduct their own due diligence regarding renovations, zoning, permits and intended use. Location is One of Canada's most wanted neighborhood to stay in AIRBNB....(TORONTO STAR)

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
C13761660
Bedrooms
4+1 (5 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
17.23 × 71.27 ft
Cross streets
South of College Street and East of Bathurst Street
Parking
0 parking
Driveway
None
Basement
Full
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding, Concrete
Foundation
Block, Other, Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$6,068 / 2026
Days on market
40
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.

Rooms

Dining RoomMain3.36 × 3.70 m

Hardwood Floor

Utility RoomBasement4.30 × 2.80 m

W/O To Garden

Living RoomMain1.97 × 4.36 m

Hardwood Floor

BedroomMain3.00 × 4.20 m

hardwood floor · double closet

BedroomSecond3.70 × 2.50 m

Laminate

SunroomMain4.50 × 1.70 m

hardwood floor · w/o to garden

BedroomSecond4.45 × 3.25 m

double closet · laminate

BedroomSecond3.37 × 3.10 m
KitchenBasement5.75 × 3.10 m

ceramic floor · ceramic backsplash · double sink

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
Ryerson Community School Junior Senior · Public elementary0.3 km · 52% at standard
Kensington Community School School Junior · Public elementary0.3 km · 97% 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
Charles G Fraser Junior Public School · Public elementary0.7 km · 74% at standard
Heydon Park Secondary School · Public secondary0.8 km · 8% 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
$3,186/mo
$142KIncome needed
4.9×Price ÷ income
$735Weekly cost
$20,910Land 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.

86%mortgage
Mortgage $3,186Property tax $506Total carry $3,691

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%
$
%
4.49%
%
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)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,598Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$506
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,598

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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$3,150/mo
$37,800Gross annual rent
3.7%Cap rate after taxes and upkeep

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.

5.4%
Gross yield
− Property tax $6,068− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,174

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

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