34 Fairfield Avenue, Toronto, ON
Long Branch, Toronto · MLS® W13682546
About this home
In short
- Situated In The Highly Desirable Long Branch Community, This Well-Maintained 3 Bedroom, 2 Bathroom Home Offers Approximately 2,100 Sq.
- Of Living Space And Sits On A Premium 50 X 125 Ft.
- A Unique Investment And Development Opportunity With A Registered Severance In Place To Create Two 25 Ft.
- An Excellent Opportunity For Investors, Builders Or End Users, Maintain The Existing Home As A Rental/Investment Property Or Take Advantage Of The Severance And...
- Ideally Located In One Of Etobicoke's Most Sought-After Neighbourhoods, Close To Parks, Schools, Transit, The Waterfront And Everyday Amenities.
Situated In The Highly Desirable Long Branch Community, This Well-Maintained 3 Bedroom, 2 Bathroom Home Offers Approximately 2,100 Sq. Ft. Of Living Space And Sits On A Premium 50 X 125 Ft. Lot. A Unique Investment And Development Opportunity With A Registered Severance In Place To Create Two 25 Ft. Frontage Lots, Along With Approved And Paid Permits For One Custom Home On Each Lot, Municipally Addressed As 34 & 36 Fairfield Ave. An Excellent Opportunity For Investors, Builders Or End Users, Maintain The Existing Home As A Rental/Investment Property Or Take Advantage Of The Severance And Permits To Build Two New Custom Homes. Ideally Located In One Of Etobicoke's Most Sought-After Neighbourhoods, Close To Parks, Schools, Transit, The Waterfront And Everyday Amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13682546
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2000-2500 sq ft
- Lot
- 50 × 125 ft
- Cross streets
- Twenty Sixth / Lakeshore
- Parking
- 2 garage · 10 parking (detached)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,612 / 2026
- Days on market
- 63
- Listing brokerage
- SALERNO REALTY INC.
Rooms
hardwood floor · beamed ceilings · large closet
Ceramic Floor
closet · double doors
hardwood floor · large window
hardwood floor · window
ceramic floor · eat-in kitchen
4 pc bath · ceramic floor
hardwood floor · window
ceramic floor · w/o to patio
hardwood floor · picture window
Listed at $1,649,000. Going by how homes in Long Branch and the wider GTA have actually closed against their asking prices (about 99%, 12 local closings in 90 days), the likely sale price is near $1.64M, if it sells. A realistic range is $1.53M to $1.84M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 63 days on the market against about 22 for homes like it here, and asking 37% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.64M, from 12 recent closings in this pocket.
The market behind the math:
About 2.5 months of inventory: 10 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $733/sqft against an area asking average of $863/sqft.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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.
It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.24M. 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
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Twentieth Street Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($733/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Long Branch, so I widened the search to the surrounding area.
Based on 12 comparable homes that sold in Long Branch over the past two years, from 102 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.09M, which is where my estimate comes from.
Per square foot, these ask about $950/sqft; this home lists at $733/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 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 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Long Branch, 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: 6 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,319,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,294
- Property tax
- $384
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,678
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,455
- Toronto municipal land transfer tax
- $29,455
- Estimated closing costs
- $58,910
Plus your down payment of $329,800. 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
- $437,645
- Principal paid down
- $161,182
- Interest paid
- $276,463
- Balance remaining
- $1,158,018
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 34 whole-home leases in Long Branch signed at a median of $2,801 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,790. 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 SALERNO REALTY INC.. MLS®/PropTx.