409-60 Fairfax Crescent, Toronto, ON
Clairlea-Birchmount, Toronto · MLS® E13853746
About this home
In short
- This bright and well-maintained corner suite is a gem, offering clean, modern, and inviting living space that effortlessly blends comfort with convenience.
- 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.
- Adding to its appeal is the Eglinton Crosstown LRT Line 5, which opened recently.
- Whether you're grabbing a coffee, running errands, or meeting friends for dinner, everything you need is close at hand: Eglinton Town Centre is about 1 km away...
- Residents of this peaceful building have access to a roof-top patio, an oasis above the city, where skyline views provide a serene setting for you to unwind after a...
This bright and well-maintained corner suite is a gem, offering clean, modern, and inviting living space that effortlessly blends comfort with convenience. With an ideal eastern exposure, this home has a 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 it 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 its 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 about 1 km away accessible by foot and around 10 mins, 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 roof-top patio, an oasis above the city, where skyline views provide a serene setting for you to unwind after a busy day. Again, 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®
- E13853746
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799 sq ft
- 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
- 18
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
w/o to balcony · laminate · window
double closet · laminate · window
laminate · double closet · enclosed
ceramic backsplash · granite counters · breakfast bar
open concept · laminate · overlooks living
3 pc ensuite · laminate · window
Listed at $450,000, about 9% below our estimate of $496K (homes like it typically land between $461K and $521K).
Why $496K. The typical condo sold in Clairlea-Birchmount over the past year went for about $490K (27 sales). What sets this one apart:
- ▼ Lowers it slightlyIt is 700 to 799 sq ft; the typical home sold here is 800 to 899.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $2,532 a year; the typical home sold here pays about $2,200.
Total price vs nearby homes. Fair value about $496K, learned from recent GTA sales.
The market behind the math:
About 5.3 months of inventory: 7 condo apartment homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $600/sqft against an area asking average of $662/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $454K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Based on 8 homes sold in this building over the past two years, from 41 closings in Clairlea-Birchmount.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $652/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 886 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.
Mortgage amount $360,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,991
- Property tax
- $211
- Condo / maintenance fees
- $767
- Heating
- $0
- Estimated monthly cost
- $2,969
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,475
- Toronto municipal land transfer tax
- $5,475
- Estimated closing costs
- $10,950
Plus your down payment of $90,000. 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
- $119,430
- Principal paid down
- $43,985
- Interest paid
- $75,445
- Balance remaining
- $316,015
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 numbersThe last 10 whole-home leases in Clairlea-Birchmount signed at a median of $2,357 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,676. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
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.