39 Fairside Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13597878
About this home
Solid Brick 2-Storey Home On One Of The Widest Lots On The Street! Welcome to this beautifully maintained and freshly painted 3-bedroom home, situated on an impressive 34.65 x 98 ft lot , one of the widest lots on the street! An ideal home for a family looking to live in a great, updated 2 story home in a quiet and desirable East York neighbourhood. The home has been thoughtfully renovated and updated over the past 10 years and is move-in ready. Freshly painted throughout, with brand new carpet on the stairs and a beautiful new dining room chandelier. The main floor offers an open-concept living with gas fireplace and dining area , walk-out to a large covered deck for outdoor living area and spacious backyard, along with an updated kitchen - an excellent setting for family living and entertaining.From the open-concept living and dining area, the staircase leads to the upper level, where a skylight fills the home with an abundance of natural light, creating a bright and inviting atmosphere throughout.The finished basement features a separate entrance, large recreation/family room, a bathroom, and a convenient storage area, providing excellent additional space for a growing family, home office or recreation. Solid brick construction, attached garage, 2-car driveway, and a large backyard with mature trees and preannaul flowers. Some new windows and a 100-amp electrical upgrade. No rental equipment. Excellent potential for builders, investors, or end users. Fantastic location - 5-minute drive to major highways, 5-minute walk to bus service, and approximately 15-minute walk to the subway and Danforth restaurants, entertainment, and amenities. Walk to the hospital, public schools, and high schools, including TDSB and TCDSB options. Close to the Beaches and East York recreational activities including lacrosse, baseball, hockey, and soccer. A rare opportunity to own a well-kept family home on an exceptionally wide lot in a mature and highly desirable neighbourhood!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13597878
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 34.65 × 98 ft
- Cross streets
- Coxwell/Cosburn
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,379 / 2026
- Listing brokerage
- SOLTANIAN REAL ESTATE INC.
Rooms
Closet
hardwood floor · fireplace · moulded ceiling
Closet
Closet
hardwood floor · w/o to deck
Renovated
Listed at $999,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
In Danforth Village-East York lately, sellers have been getting about 103% of asking and homes sell in about 17 days.
Based on 47 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 47 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.07M, a close match.
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, sold for $1.13M
- Adjusts to $1.13M
That comparable adjusts to $1.13M; the $1.08M estimate above is the median of all 47 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is R H McGregor Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.08M, median of 47 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $979/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Danforth Village-East York, 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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,265
- Property tax
- $448
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,713
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. 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
- $255,890
- Principal paid down
- $101,778
- Interest paid
- $154,111
- Balance remaining
- $697,422
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 SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.