462 Fairlawn Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13581568

$4,195,000
For Sale
Just listed today
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5Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

A rare offering on prestigious Fairlawn Ave! This exceptional custom-built residence blends modern elegance, resort-inspired living, and designer luxury. A striking limestone and brick exterior, heated Indiana limestone walkway and front steps, and an interlocked driveway create a grand arrival. Set on a spectacular private 151-ft. deep lot, the professionally landscaped backyard is a resort-style oasis featuring an inground pool with waterfall, built-in 6-seat jet spa, cabana, and exceptional outdoor entertaining spaces. Bright, expansive principal rooms showcase a sophisticated layout. The Cameo gourmet kitchen features natural stone countertops, a large island, premium Miele appliances including refrigerator, gas cooktop, 2 built-in ovens, microwave, Marvel-bar fridge, and a sun-filled breakfast area. Designer renovations by 'Wise Nadel Design' elevate the family room and luxurious primary retreat with refined contemporary style. Elegant living and dining rooms, a main-floor office, and a finished walk-out lower level with media/recreation areas and nanny's suite complete this exceptional home. Additional highlights include hardwood floors, custom millwork, fireplaces, Lutron-Caseta lighting, irrigation, Generac generator, upgraded security w/ cameras, and premium upgrades throughout. Steps to CHAT school pickup and a short walk to Avenue Rd.

Key facts

Property type
Detached, 2-Storey
MLS®
C13581568
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
40 × 151.7 ft
Cross streets
Avenue Road / Lawrence
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$17,110 / 2025
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Primary BedroomSecond5.08 × 4.83 m

5 pc ensuite · walk-in closet(s) · overlooks pool

OfficeMain3.73 × 3.20 m

hardwood floor · wainscoting · overlooks frontyard

Family RoomMain5.64 × 4.70 m

hardwood floor · gas fireplace · overlooks pool

RecreationBasement8.23 × 5.18 m

w/o to pool · fireplace · hardwood floor

Living RoomMain5.13 × 3.73 m

gas fireplace · hardwood floor

Bedroom 2Second5.20 × 3.81 m

semi ensuite · hardwood floor · closet organizers

BreakfastMain7.37 × 4.37 m

hardwood floor · combined w/kitchen · w/o to pool

KitchenMain7.37 × 4.37 m

centre island · hardwood floor · pot lights

BedroomBasement4.75 × 4.75 m
BedroomBasement4.00 × 3.05 m
Bedroom 3Second5.05 × 4.06 m

semi ensuite · hardwood floor · closet organizers

Bedroom 4Second4.70 × 3.70 m

4 pc ensuite · hardwood floor · closet organizers

Dining RoomMain4.52 × 4.37 m

wainscoting · hardwood floor · combined w/living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.69Mest. value

Listed at $4,195,000, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.72M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $4.10M
  • Bedrooms −$30K
  • Adjusts to $4.07M

That comparable adjusts to $4.07M; the $4.69M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$4.20MGreat deal$4.98MOverpriced

Total price vs nearby homes. Fair value about $4.69M, median of 11 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Bedford Park-Nortown · asking prices
$3.79Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

75 Bannockburn Avenue$5.29M75 Dunblaine Avenue$4.10M107 Otter Crescent$2.00M

The 3 closest active listings nearby.

See all comparable homes
4.20MThis home5.29M4.10M2.00MThis home vs active comparables
Live market pulseActive comparables in Bedford Park-Nortown · median list $3.69M
$987this home / sqft
13active listings nearby

This home lists 7% below the area average of $1,065/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bedford Park-Nortown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Lawrence Park South
$2.27M
Downsview-Roding-CFB
$1.15M
High Park-Swansea
$3.00M
Newtonbrook West
$1.75M
Wexford-Maryvale
$872K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$19,119/mo
$774KIncome needed
5.4×Price ÷ income
$4,412Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $19,119Property tax $1,426Total carry $20,545

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,909per month

Mortgage amount $3,356,000 · 4.14% over 25 years

$839,000Down payment (20.0%)
$3,356,000Loan before insurance
$0CMHC premium
$19,335Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,909
Property tax
$1,426
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,335

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$91,350
Toronto municipal land transfer tax
$105,250
Estimated closing costs
$196,600

Plus your down payment of $839,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21,752/monthPayment at the qualifying rate

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

$2,016,658Total interest paid
$5,372,658Total of all payments
Principal $3,356,000 Interest $2,016,658
YearPrincipalInterestBalance
1$78,619$136,287$3,277,381
2$81,908$132,998$3,195,472
3$85,334$129,572$3,110,138
4$88,904$126,003$3,021,235
5$92,622$122,284$2,928,613
6$96,496$118,410$2,832,116
7$100,533$114,374$2,731,583
8$104,738$110,168$2,626,845
9$109,119$105,787$2,517,727
10$113,683$101,223$2,404,043
11$118,438$96,468$2,285,605
12$123,393$91,514$2,162,212
13$128,554$86,353$2,033,659
14$133,931$80,975$1,899,728
15$139,533$75,373$1,760,194
16$145,370$69,537$1,614,825
17$151,450$63,456$1,463,374
18$157,785$57,121$1,305,589
19$164,385$50,521$1,141,204
20$171,261$43,645$969,943
21$178,425$36,482$791,519
22$185,888$29,018$605,631
23$193,663$21,243$411,967
24$201,764$13,142$210,203
25$210,203$4,703$0

At the end of your 5-year term

Total paid over the term
$1,074,532
Principal paid down
$427,387
Interest paid
$647,144
Balance remaining
$2,928,613

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.1%
Gross yield
− Property tax $17,110− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $59,988

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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