41 Lakeview Avenue, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13767434

$1,650,000
For Sale
Listed 39 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
1Parking
1500-2000Sq ft

About this home

In short

  • Prime Income-Producing Property In The Heart Of Trinity Bellwoods! Welcome To 41 Lakeview Ave, A Well-Kept 2-Storey Duplex Offering A Fantastic Opportunity For Both...
  • Currently Generating Approximately $89,424 In Gross Annual Rental Income, This Property Offers Strong Income Potential In One Of Toronto's Most Sought-After...

***Prime Income-Producing Property In The Heart Of Trinity Bellwoods!*** Welcome To 41 Lakeview Ave, A Well-Kept 2-Storey Duplex Offering A Fantastic Opportunity For Both Investors And End Users. Currently Generating Approximately $89,424 In Gross Annual Rental Income, This Property Offers Strong Income Potential In One Of Toronto's Most Sought-After Neighbourhoods. Updated Interiors And Quality Finishes Add To The Property's Appeal, While The Established Tenancies Provide An Immediate Source Of Rental Revenue. An Ideal Option For A Savvy Investor Looking To Expand Their Portfolio Or A Buyer Who Wants To Occupy Part Of The Property While Benefiting From Additional Rental Income. Surrounded By The Best Of City Living With Easy Access To Transit, Parks, Schools, Shops, Restaurants And Everyday Essentials. A Rare Opportunity To Own A Versatile Income Property In The Vibrant Trinity Bellwoods Community!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C13767434
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
19.75 × 100 ft
Cross streets
Dundas/Ossington
Parking
1 parking
Driveway
Private
Basement
Apartment
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,300 / 2025
Days on market
39
Listing brokerage
VILENSKY REALTY

Rooms

Living RoomMain3.35 × 4.15 m

bay window · overlooks frontyard · laminate

KitchenBasement3.77 × 3.14 m

Tile Floor

KitchenMain4.03 × 4.71 m

Tile Floor

Primary BedroomMain3.30 × 3.38 m

laminate · window

Living RoomSecond3.44 × 3.68 m

laminate · window

KitchenSecond4.78 × 2.36 m

Tile Floor

Bedroom 2Main2.94 × 4.03 m

laminate · window

Primary BedroomSecond3.11 × 3.32 m

laminate · window

BedroomBasement5.38 × 4.12 m

Laminate

Bedroom 2Second2.79 × 3.07 m

laminate · window

Dining RoomSecond3.77 × 1.72 m

laminate · window

OfficeBasement4.32 × 1.75 m

Laminate

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

Its public catchment (Ossington/Old Orchard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

University
$1.75M
Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K
Junction Area
$1.29M

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 Ossington/Old Orchard Junior Public School
88%
Ossington/Old Orchard Junior Public SchoolPublic · Elementary · 0.2 km awayHigher-rated than most nearby · 88% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Dewson Street Junior Public School · Public elementary0.5 km · 64% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.6 km
Givins/Shaw Junior Public School · Public elementary0.7 km · 81% at standard
The Grove Community School · Public elementary0.7 km
Horizon Alternative Senior School · Public elementary0.8 km
Central Toronto Academy · Public secondary0.8 km · 69% at standard
St Ambrose Catholic School · Catholic elementary0.8 km · 85% at standard
St Francis of Assisi Catholic School · Catholic elementary0.9 km · 80% at standard
Delta Senior Alternative School · Public elementary0.9 km
Montrose Junior Public School · Public elementary0.9 km · 95% at standard
St Helen Catholic School · Catholic elementary1.0 km · 74% at standard
Clinton Street Junior Public School · Public elementary1.0 km · 90% at standard

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

Affordability & Mortgage

Affordability
$7,520/mo
$309KIncome needed
5.3×Price ÷ income
$1,735Weekly cost
$58,950Land 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.

93%mortgage
Mortgage $7,520Property tax $608Total carry $8,128

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)
$7,299per month

Mortgage amount $1,320,000 · 4.49% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$7,907Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,299
Property tax
$608
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,907

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

One-time closing costs

Ontario land transfer tax
$29,475
Toronto municipal land transfer tax
$29,475
Estimated closing costs
$58,950

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,834/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

$869,552Total interest paid
$2,189,552Total of all payments
Principal $1,320,000 Interest $869,552
YearPrincipalInterestBalance
1$29,457$58,125$1,290,543
2$30,794$56,788$1,259,749
3$32,192$55,390$1,227,557
4$33,654$53,928$1,193,902
5$35,182$52,400$1,158,720
6$36,780$50,803$1,121,941
7$38,449$49,133$1,083,491
8$40,195$47,387$1,043,296
9$42,020$45,562$1,001,276
10$43,928$43,654$957,348
11$45,923$41,659$911,425
12$48,008$39,574$863,417
13$50,187$37,395$813,230
14$52,466$35,116$760,764
15$54,848$32,734$705,915
16$57,339$30,243$648,577
17$59,942$27,640$588,635
18$62,664$24,918$525,971
19$65,509$22,073$460,462
20$68,483$19,099$391,979
21$71,593$15,989$320,386
22$74,843$12,739$245,543
23$78,241$9,341$167,302
24$81,794$5,788$85,508
25$85,508$2,074$0

At the end of your 5-year term

Total paid over the term
$437,910
Principal paid down
$161,280
Interest paid
$276,631
Balance remaining
$1,158,720

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
1.5%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.

2.3%
Gross yield
− Property tax $7,300− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,942

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

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