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40 BELLEVUE AVENUE, Toronto (Kensington-Chinatown) — listed at $1,988,888. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 Multiple Entrances 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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 4.88 x 4.15 meters |
| Bedroom 4 | Second level | 4.88 x 3.05 meters |
| Bathroom | Second level | 2.15 x 1.75 meters |
| Kitchen | Basement | 4.88 x 2.15 meters |
| Recreational, Games room | Basement | 5.85 x 4.88 meters |
| Laundry room | Basement | 1.88 x 1.88 meters |
| Bathroom | Basement | 2.45 x 2.15 meters |
| Dining room | Main level | 3.05 x 3.82 meters |
| Living room | Main level | 6.55 x 4.88 meters |
| Family room | Main level | 6.55 x 4.88 meters |
| Bedroom 5 | Main level | 3.66 x 2.75 meters |
| Bathroom | Main level | 2.75 x 1.25 meters |
| Solarium | Main level | 4.88 x 2.45 meters |
| Bedroom | Second level | 5.95 x 3.66 meters |
| Bedroom 2 | Second level | 4.88 x 3.35 meters |
| Bedroom 3 | Second level | 3.35 x 3.05 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Separate entrance, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Kensington-Chinatown) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,088, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 40 BELLEVUE AVENUE a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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