168 Markham Street, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13767196

$1,799,000
For Sale
Listed 1 day agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage
2000-2500Sq ft

About this home

In short

  • A rare opportunity in the heart of Trinity-Bellwoods, 168 Markham Street is a remarkable detached 4-bedroom Victorian set on an impressive 25-foot-wide lot.
  • Generous in scale with over 3,300 sq ft of living space including finished basement.
  • A large 616 Sq ft double-car garage with laneway access offers sought-after downtown parking and the potential to build a two-storey laneway house (see report).
  • High ceilings, custom kitchen cabinetry on both floors with premium kitchen appliances.
  • Multiple walkouts connect to a private, fully fenced backyard oasis, while the finished basement offers an additional bathroom, bar area and recreation room.

A rare opportunity in the heart of Trinity-Bellwoods, 168 Markham Street is a remarkable detached 4-bedroom Victorian set on an impressive 25-foot-wide lot. Loved and cared for by the same family for over 62 years, this home is ready for its next chapter. Generous in scale with over 3,300 sq ft of living space including finished basement. Filled with character, the property offers exceptional versatility and endless possibilities. With self-contained living spaces on the main and second floors, it's ideal for multi-generational living, a live-in-and-rent opportunity or investment, with the potential to become a spectacular upscale single-family home. A large 616 Sq ft double-car garage with laneway access offers sought-after downtown parking and the potential to build a two-storey laneway house (see report). High ceilings, custom kitchen cabinetry on both floors with premium kitchen appliances. Custom built-ins throughout and A/C on the main and second levels add to the home's appeal. Multiple walkouts connect to a private, fully fenced backyard oasis, while the finished basement offers an additional bathroom, bar area and recreation room. A second-floor deck provides even more outdoor space. Enjoy exceptional walkability to College, Dundas and Queen West, with Little Italy, Little Portugal, The Annex and Queen West all nearby. Cafés, restaurants, boutiques, transit, Kensington Market, Trinity Bellwoods Park and Toronto Western Hospital are all within easy reach.

Key facts

Property type
Detached, 2-Storey
MLS®
C13767196
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
25 × 132 ft
Cross streets
Dundas St W & Bathurst St
Parking
2 garage (detached)
Basement
Finished, Separate Entrance
Heating
Water
A/C
Wall Unit(s)
Exterior
Brick, Aluminum Siding
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$8,571 / 2026
Days on market
1
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
In line
$1.87Mest. value

Listed at $1,799,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.87M, typically $1.80M to $2.73M. Comparable closings on their own put this home around $2.03M, 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: $1.81M. 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
$1.80MBelow recent closings$2.73MAbove recent closings

Total price vs nearby homes. Fair value about $1.87M, median of 8 comparables.

The market behind the math:

4sold nearby · 90 days
1days on market so far
$11,706/moest. rent · 7 leases
7.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.8 months of inventory: 9 detached 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 $800/sqft against an area asking average of $1,405/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 8 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 $1.81M, a close match.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit

Its public catchment (King Edward 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

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

Based on 8 comparable homes that sold in Trinity-Bellwoods over the past two years, from 37 closings there.

What sellers nearby are askingCurrently listed nearby in Trinity-Bellwoods · asking prices
$2.91Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.03M, which is where my estimate comes from.

Per square foot, these ask about $1,289/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.80MThis home1.80M2.60M3.00M3.25M3.90MThis 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.

High Park-Swansea
$1.47M
Kingsway South
$3.75M
Stonegate-Queensway
$1.61M
Edenbridge-Humber Valley
$3.99M
Newtonbrook West
$1.70M

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 · 0.5 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Ryerson Community School Junior Senior · Public elementary0.4 km · 52% at standard
Kensington Community School School Junior · Public elementary0.4 km · 97% at standard
Clinton Street Junior Public School · Public elementary0.7 km · 90% at standard
St Mary Catholic School · Catholic elementary0.8 km · 64% at standard
Lord Lansdowne Junior Public School · Public elementary0.8 km · 85% at standard
da Vinci School · Public elementary0.8 km · 67% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
Beverley School · Public elementary1.0 km
Subway Academy II · Public secondary1.0 km
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
Givins/Shaw Junior Public School · Public elementary1.1 km · 81% at standard
Pope Francis Catholic School · Catholic elementary1.1 km · 67% at standard

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

Affordability & Mortgage

Affordability
$8,199/mo
$338KIncome needed
5.3×Price ÷ income
$1,892Weekly cost
$64,910Land 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.

92%mortgage
Mortgage $8,199Property tax $714Total carry $8,913

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.

4.24%
%
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)
$7,759per month

Mortgage amount $1,439,200 · 4.24% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,473Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,759
Property tax
$714
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,473

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$9,414/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

$888,467Total interest paid
$2,327,667Total of all payments
Principal $1,439,200 Interest $888,467
YearPrincipalInterestBalance
1$33,252$59,854$1,405,948
2$34,677$58,429$1,371,270
3$36,163$56,943$1,335,107
4$37,713$55,394$1,297,394
5$39,329$53,778$1,258,066
6$41,014$52,093$1,217,052
7$42,771$50,335$1,174,280
8$44,604$48,503$1,129,676
9$46,515$46,591$1,083,161
10$48,509$44,598$1,034,652
11$50,587$42,520$984,065
12$52,755$40,352$931,310
13$55,015$38,091$876,295
14$57,373$35,734$818,922
15$59,831$33,276$759,091
16$62,395$30,712$696,697
17$65,068$28,038$631,628
18$67,856$25,250$563,772
19$70,764$22,343$493,008
20$73,796$19,310$419,212
21$76,958$16,148$342,253
22$80,256$12,851$261,997
23$83,695$9,412$178,302
24$87,281$5,825$91,021
25$91,021$2,086$0

At the end of your 5-year term

Total paid over the term
$465,533
Principal paid down
$181,134
Interest paid
$284,399
Balance remaining
$1,258,066

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 7 whole-home leases in Trinity-Bellwoods$11,706/mo
$140,472Gross annual rent
6.4%Cap rate after taxes and upkeep
$9,376 to $12,643Typical rent range
~64 daysTo find a tenant, on average

The suite is real income here: basements rent in Trinity-Bellwoods (11 of 72 recent detached leases were basement units, around $2,250 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,250 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 7 whole-home leases in Trinity-Bellwoods signed at a median of $11,806 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $11,706. 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.

7.8%
Gross yield
− Property tax $8,571− Insurance $1,400− Vacancy & upkeep $15,452Net operating income $115,049

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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