2 Bellefair Avenue Unit TH5, Toronto E02

Price: $1,629,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: E12997990

These townhomes are one of the best kept secrets in The Beach! Great opportunity to own one of six private luxury townhomes in a boutique beach building, steps from Kew Gardens, shops and the lake. With over 2100 square feet, all rooms are generous in size...each bedroom has its own ensuite! The main floor also offers a powder room for convenience. The airy open concept layout with soaring ceilings and a beautiful kitchen is perfect for entertaining! With a walk-out to a private backyard, you feel nestled in the neighbourhood with its tree lined streets! Enjoy the gas BBQ hook up for evenings outside with family and friends! The 3rd floor features its own den with a walk out to a private deck retreat! Absolutely gorgeous from top to bottom! TH5 also has THE best parking space in the building, plus not one but two lockers for tons of convenient storage. Everything you need is just steps away - Cobs bread, LCBO, Shoppers Drug Mart, Limon and more!

2 Bellefair Avenue Unit TH5 - Condo photo 1 of 34 in The Beaches / Upper Beaches, Ontario
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$1,629,000 - 2 Bellefair Avenue Unit TH5, The Beaches

Condo for Sale in The Beaches

62 days on market
3Beds
4Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
E12997990
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Owned
Exposure
North South
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Description

These townhomes are one of the best kept secrets in The Beach! Great opportunity to own one of six private luxury townhomes in a boutique beach building, steps from Kew Gardens, shops and the lake. With over 2100 square feet, all rooms are generous in size...each bedroom has its own ensuite! The main floor also offers a powder room for convenience. The airy open concept layout with soaring ceilings and a beautiful kitchen is perfect for entertaining! With a walk-out to a private backyard, you feel nestled in the neighbourhood with its tree lined streets! Enjoy the gas BBQ hook up for evenings outside with family and friends! The 3rd floor features its own den with a walk out to a private deck retreat! Absolutely gorgeous from top to bottom! TH5 also has THE best parking space in the building, plus not one but two lockers for tons of convenient storage. Everything you need is just steps away - Cobs bread, LCBO, Shoppers Drug Mart, Limon and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,205.62/mo

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5-yr fixed avg.

Principal: $1,303,200Interest: $858,485
Mortgage Amount$1,303,200
Total Interest$858,485
Est. Property Tax$1,154/mo
Total Cost$2,161,685

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.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

The Beaches / Upper Beaches 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.

70
Walk Score
Varies
Price Range

2 Bellefair Avenue Unit TH5, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$1,154
Insurance (est.)-$339
Net Cash Flow+$767

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $815/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 62 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 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.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2 Bellefair Avenue Unit TH5… — $1,629,000 | Battaglia Team