$2,495,000 - 121 Markham Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
Popular ListingNeighbourhood: Trinity-Bellwoods
- MLS Number
- C13501116
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
A striking expression of contemporary architecture in the heart of Trinity Bellwoods, this exceptional residence offers nearly 3,200 sq. ft. of meticulously designed living space in one of Toronto's most coveted neighbourhoods. Steps from Queen West's acclaimed restaurants, boutiques, galleries and cafés, the home delivers a rare balance of urban connectivity and private retreat. Defined by soaring ceilings, dramatic volumes and walls of glass, the residence is filled with natural light and seamlessly blends sophisticated design with everyday functionality. The main level unfolds through elegant open-concept living and dining spaces into a beautifully appointed chef's kitchen, culminating in a spectacular double-height family room that opens effortlessly to the private landscaped garden, creating an exceptional indoor-outdoor living experience. The second level offers two spacious bedrooms and a versatile library or home office overlooking the architectural volumes below. Occupying the entire third floor, the primary suite is a private sanctuary featuring a spa-inspired ensuite, custom walk-in closet and direct access to an expansive rooftop terrace with panoramic views of Toronto's skyline. Additional east- and west-facing rooftop terraces extend the home's exceptional outdoor living spaces. Offering 3+1 bedrooms and five beautifully appointed bathrooms, the residence provides remarkable flexibility for family living, guests or executive work-from-home needs. A rare oversized garage incorporates a private fitness area while providing generous storage and parking. Thoughtfully curated throughout, the home features automated blinds, two gas fireplaces, dual high-efficiency furnaces, integrated security, private landscaped rear gardens with direct garage access, and architectural plans for a future third-floor office.
Estimate your monthly payments for this property
Estimated Payment
$11,036.23/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Trinity-Bellwoods
Trinity-Bellwoods is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Trinity-Bellwoods
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Trinity-Bellwoods offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
121 Markham Street, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1248/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Trinity-Bellwoods
I know Trinity-Bellwoods well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.