399 Fairlawn Avenue, Toronto, ON
Bedford Park-Nortown, Toronto · MLS® C13682436
About this home
Located in the highly sought-after Bedford Park-Nortown neighborhood steps from Avenue Road's vibrant shops and restaurants, this custom-built 4+1 bedroom home offers refined luxury backing directly onto peaceful Brookdale Park. The main floor features soaring 10-foot ceilings, crown moldings, rich hardwood flooring, and a cozy family room with a gas fireplace that walks out to a modern Ipe wood deck. At the heart of the home, the modern-classic chef's kitchen boasts a gas cooktop, French-style range hood, wall oven, massive center island, and abundant cabinetry. The luxurious primary suite serves as a true sanctuary with a walk-in closet and a dramatic 7-piece spa-inspired ensuite featuring an air tub and steam shower, while the finished walk-out lower level offers an expansive media room. Complete with a built in garage and a private interlocking stone driveway, this exceptional property seamlessly combines parkside serenity with effortless urban living.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13682436
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 27 × 163 ft
- Cross streets
- Avenue & Lawrence
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $14,065 / 2026
- Listing brokerage
- ROYAL LEPAGE TERREQUITY YMSL REALTY
Rooms
hardwood floor · pot lights · gas fireplace
hardwood floor · double closet · pot lights
hardwood floor · gas fireplace · w/o to deck
gas fireplace · b/i bookcase · w/o to yard
coffered ceiling(s) · walk-in closet(s) · 7 pc ensuite
hardwood floor · double closet · pot lights
broadloom · double closet · pot lights
b/i appliances · centre island · open concept
hardwood floor · wainscoting · crown moulding
hardwood floor · double closet · pot lights
hardwood floor · open concept · pot lights
Listed at $2,980,000, and my independent estimate is about 27% above what comparable homes suggest.
In Bedford Park-Nortown lately, sellers get about 96% of asking; homes sell in ~28 days.
Total price vs nearby homes. Fair value about $2.34M, median of 45 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 45 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.74M, a bit higher.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Based on 45 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $1,224/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bedford Park-Nortown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.
Mortgage amount $2,384,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,852
- Property tax
- $1,172
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,024
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $60,975
- Toronto municipal land transfer tax
- $60,975
- Estimated closing costs
- $121,950
Plus your down payment of $596,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $771,145
- Principal paid down
- $300,045
- Interest paid
- $471,100
- Balance remaining
- $2,083,955
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY YMSL REALTY. MLS®/PropTx.