351 Fairlawn Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13875880

$1,599,000
For Sale
Listed 11 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this stunning 3-bedroom, 2-bathroom turn key detached home situated on a massive 25 x 165 ft lot in the prestigious and family-friendly Yonge & Lawrence...
  • The bright main floor seamlessly blends character and modern updates, featuring gleaming hardwood floors, a cozy wood burning fireplace, and a direct walk out to a...
  • New wiring(2023) New AC/Heat pump (2023) Roof (2025) New Mitsubishi Hi-efficient Water heater/Boiler (2024).
  • You are just a short walk to the Lawrence subway station, gourmet dining, and boutique shopping.

Fully RENOVATED in 2023! Welcome to this stunning 3-bedroom, 2-bathroom turn key detached home situated on a massive 25 x 165 ft lot in the prestigious and family-friendly Yonge & Lawrence neighborhood. The bright main floor seamlessly blends character and modern updates, featuring gleaming hardwood floors, a cozy wood burning fireplace, and a direct walk out to a private, fully fenced, EXTRA DEEP backyard!*******THE INCREDIBLE 165 foot lot DEPTH and favorable SIDE clearance offers prime potential to build a SWIMING POOL or GARDEN SUITE perfect for future rental income, grandparents, or older children! ******* The completely FINISHED lower level offers FANTASTIC SPACE versatile space that can be used as an additional bedroom or recreation room, complete with laundry and a full bathroom featuring a stand-up shower. New wiring(2023) New AC/Heat pump (2023) Roof (2025) New Mitsubishi Hi-efficient Water heater/Boiler (2024). Nestled on a welcoming street with wonderful neighbors, this home offers unparalleled convenience. You are just a short walk to the Lawrence subway station, gourmet dining, and boutique shopping. Enjoy access to top-tier school catchments including John Wanless Jr. P.S., Lawrence Park C.I., as well as prestigious Catholic and private schools!

Key facts

Property type
Detached, 2-Storey
MLS®
C13875880
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
25 × 165 ft
Cross streets
Avenue Rd and Fairlawn Ave
Parking
1 garage · 2 parking (detached)
Driveway
Available
Basement
Finished, Walk-Up
Heating
Heat Pump
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,886 / 2025
Days on market
11
Listing brokerage
REMAX YOUR COMMUNITY REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Lawrence Park Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

What sellers nearby are askingCurrently listed nearby in Bedford Park-Nortown · asking prices
$2.20Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,611/sqft; this home lists at $1,230/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home2.08M1.97M2.56MThis home vs active comparables

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.

Nearby neighbourhoods

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

Banbury-Don Mills
$5.50M
Leaside
$2.48M
Willowdale East
$2.29M
Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K

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 John Wanless Junior Public School
88%
John Wanless Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 88% meet the provincial standard
Glenview Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bannockburn Public School · Public elementary0.8 km
Ledbury Park Elementary and Middle School · Public elementary0.8 km · 77% at standard
St Margaret Catholic School · Catholic elementary1.2 km · 82% at standard
John Ross Robertson Junior Public School · Public elementary1.2 km · 83% at standard
Bedford Park Public School · Public elementary1.3 km · 88% at standard
Armour Heights Public School · Public elementary1.5 km · 70% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.5 km · 76% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.7 km · 54% at standard
Summit Heights Public School · Public elementary1.8 km · 85% at standard
Baycrest Public School · Public elementary2.0 km · 69% at standard
Allenby Junior Public School · Public elementary2.1 km · 78% at standard
John Polanyi Collegiate Institute · Public secondary2.2 km · 54% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,288/mo
$308KIncome needed
5.2×Price ÷ income
$1,682Weekly cost
$56,910Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $7,288Property tax $824Total carry $8,112

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,897Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$824
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,897

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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$2,300/mo
$27,600Gross annual rent
0.8%Cap rate after taxes and upkeep

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.

1.7%
Gross yield
− Property tax $9,886− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $13,278

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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