40 Bellevue Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,988,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 21.6 x 149.34 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To Your Home. Step Into a Piece of Toronto's History With This Large Five Bedroom Semi-Detached Two Storey Home. Perfectly Situated In The Vibrant and Eclectic Neighborhoods of Kensington Market and Chinatown. This Home Offers 2288 Square Feet of Above Ground Living Space. A One Car Garage, With Double Private Driveway. For A Total Of Four Parking Spaces, Something Rare In Downtown Toronto. Ideal For a Large Family or as an Income-Generating Property. Basement Boasts Separate Side Entrance and Backyard Walk-Out Through The Kitchen. Prime Location Steps To Kensington Market, Chinatown, U of T, Hospitals, Trendy Cafes, And Public Transit. Investment Potential A Rare Find With Significant Rental Income Opportunities in One of Toronto's Most Sought-After Neighborhoods.
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Pricing & Value Insights
Data-driven valuation for 40 Bellevue Avenue, Toronto C01, ON M5T 2N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,988,888 in Toronto, the legal minimum down payment is $397,778 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,253 also applies, bringing the total estimated land transfer taxes to $72,506.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
