409-60 Fairfax Crescent, Toronto, ON
Clairlea-Birchmount, Toronto · MLS® E13524364
About this home
This bright and well-maintained corner suite is a gem, offering clean, modern, and inviting living space that effortlessly blends comfort +convenience. With an ideal eastern exposure, this home is bathed in soft, natural light from morning through late afternoon, creating a warm and uplifting atmosphere everyday. Full coat of fresh paint across the interior enhances the crisp, modern aesthetic, making this place absolutely move-in ready. Situated in a highly desirable and transit-friendly neighbourhood, this condo building is just a short walk to Warden Subway, providing direct access to TTC Line 2. Commuting is a breeze, whether you're heading downtown or across the city. Adding to the appeal is the Eglinton Crosstown LRT Line 5, which opened recently. This new development includes the Golden Mile stop at Warden Ave, which will further promote the area's connectivity and long-term property value. Beyond transit, the location offers an excellent lifestyle. Huge selection of big box retail stores, cozy cafes, local eateries, and essential amenities are within walking distance. Whether you're grabbing a coffee, running errands, or meeting friends for dinner, everything you need is close at hand: Eglinton Town Centre is approx 1 km-accessible by foot, with an estimated walking time of 10 to 15 minutes, depending on your pace. The area also enjoys a growing mix of services and urban expansion enhancing its appeal. For those working in or exploring downtown Toronto, the commute takes only about 20 mins, offering the perfect balance of cosmopolitan accessibility plus neighbourhood tranquility. Residents of this peaceful building have access to a rooftop patio, an oasis above the city, where skyline views provide a serene setting to unwind after a busy day. With its light-filled interior, unbeatable location, and strong future growth potential, this condo really captures the essence of modern city living. Book your showing now before it's too late!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13524364
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Warden Ave/St Clair Ave E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $767/mo
- Exposure
- South East
- Property tax
- $2,532 / 2026
- Days on market
- 12
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
ceramic backsplash · granite counters · breakfast bar
laminate · double closet · enclosed
3 pc ensuite · laminate · window
open concept · laminate · overlooks living
w/o to balcony · laminate · window
double closet · laminate · window
Listed at $478,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($638/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Clairlea-Birchmount, so I widened the search to the surrounding area.
Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $479K, lower than the comparables and worth a second look.
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 $819K
- Adjusts to $819K
That comparable adjusts to $819K; the $656K estimate above is the median of all 26 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 SATEC @ W A Porter Collegiate Institute. 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 very walkable address with everyday errands close by. Warden Ave at Fairfax Cres is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $656K, median of 26 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
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 3% below the area average of $657/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Clairlea-Birchmount, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Warden Ave at Fairfax Cres, about 140 m away
Within a 15-minute (1.5 km) walk.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $382,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,041
- Property tax
- $211
- Condo / maintenance fees
- $767
- Heating
- $0
- Estimated monthly cost
- $3,019
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,035
- Toronto municipal land transfer tax
- $6,035
- Estimated closing costs
- $12,070
Plus your down payment of $95,600. 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
- $122,438
- Principal paid down
- $48,699
- Interest paid
- $73,739
- Balance remaining
- $333,701
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
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.