46 Belmont Street, Toronto, ON
Annex, Toronto · MLS® C13778206
About this home
In short
- Welcome to 46 Belmont St in Yorkville.
- This is a modern 2.5 storey renovated townhouse with parking, in the heart of downtown.
- House features many updates and upgrades including finished walk-up basement with newer 3 piece bath, newer third floor primary bedroom & spa inspired ensuite bath...
- This super location is only within a 10 minute walk to the prestigious Yorkville shopping district, where all the ultra luxury brands live.
- Or walk only 5 minutes to Yonge St and enjoy a plethora of eateries and cafes.
Welcome to 46 Belmont St in Yorkville! This is a modern 2.5 storey renovated townhouse with parking, in the heart of downtown! House features many updates and upgrades including finished walk-up basement with newer 3 piece bath, newer third floor primary bedroom & spa inspired ensuite bath, newer glass railing on rooftop terrace, newer spray form roof insulation, some new pot lights, newer skylight, Furnace replaced in 2022, newer flooring in primary room & second bedroom, newer security cameras, & much more! Other uniquely charming details include wood plank ceilings & mirror walls on main floor, metallic ladder staircase, exposed brickwork and ducting, bonus den & study nook on second floor landing, glass railings, skylights installed in many areas, some large format casement windows. This super location is only within a 10 minute walk to the prestigious Yorkville shopping district, where all the ultra luxury brands live. Or walk only 5 minutes to Yonge St and enjoy a plethora of eateries and cafes. Rosedale Subway station is a short 5 minute walk! Or hop on the Don Valley Parkway in mere minutes with a scenic drive on the beautiful Rosedale valley! This location also enjoys easy and fast commute to Toronto's top schools such as The Bishop Strachan (~10 minutes drive), Branksome Hall (~5 minute drive), Upper Canada College (~9 minute drive), and the University of Toronto (~5 minutes drive). This is the ideal property for an elevated downtown living experience. Don't miss!
Key facts
- Property type
- Townhouse, 2 1/2 Storey
- MLS®
- C13778206
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 13.2 × 105.55 ft
- Cross streets
- Yonge/Bloor
- Parking
- 1.5 parking
- Driveway
- Lane
- Basement
- Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,536 / 2025
- Days on market
- 35
- Listing brokerage
- CENTURY 21 ATRIA REALTY INC.
Rooms
hardwood floor · casement windows · open concept
california shutters · south view · closet organizers
gas fireplace · 3 pc bath · w/o to garden
skylight · 4 pc ensuite · w/o to sundeck
hardwood floor · combined w/living · open concept
b/i closet · hardwood floor · large window
modern kitchen · stone floor · w/o to sundeck
hardwood floor · combined w/dining · california shutters
Listed at $1,899,000. Going by how homes in Annex and the wider GTA have actually closed against their asking prices (about 98%, 7 local closings in 90 days), the likely sale price is near $1.87M, if it sells. A realistic range is $1.75M to $2.11M.
Independent value check: $1.56M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.46M and $1.64M).
Why $1.56M. The typical townhouse sold in Annex over the past year went for about $1.84M (20 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $8,536 a year; the typical home sold here pays about $11,000.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
Longer on the market than typical. 35 days on the market against about 10 for homes like it here, and asking 22% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.87M, from 7 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 7 townhouse homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,461/sqft against an area asking average of $1,102/sqft.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.42M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Jesse Ketchum 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 Annex, so I widened the search to the surrounding area.
Based on 6 homes sold on this street over the past two years, from 46 closings in Annex.
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 $1.56M, which is where my estimate comes from.
Per square foot, these ask about $958/sqft; this home lists at $1,461/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 84 |
| November 2025 | $1.04M | 75 |
| December 2025 | $1.05M | 55 |
| January 2026 | $1.04M | 38 |
| February 2026 | $1.17M | 53 |
| March 2026 | $1.09M | 86 |
| April 2026 | $1.22M | 95 |
| May 2026 | $1.10M | 88 |
| June 2026 | $1.05M | 97 |
| July 2026 | $960K | 91 |
| August 2026 | $995K | 47 |
| September 2026 | $1.06M | 91 |
Neighbourhood & location
Annex, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,519,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,400
- Property tax
- $711
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,111
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,455
- Toronto municipal land transfer tax
- $34,455
- Estimated closing costs
- $68,910
Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $503,995
- Principal paid down
- $185,618
- Interest paid
- $318,377
- Balance remaining
- $1,333,582
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.
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
The suite is real income here: basements rent in Annex (5 of 37 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 numbersThe last 12 whole-home leases in Annex signed at a median of $6,116 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,968. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.