203 Fairview Avenue, Toronto, ON
Junction Area, Toronto · MLS® W13866628
About this home
In short
- Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self...
- The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden.
- The basement apartment with ceiling height of over 6'10", has it's own private entrance.
- The property has laneway access to a large, detached, 2 car concrete block garage.
- There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income.
Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self contained apartments. The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden. The second floor apartment, equally spacious, offers a cozy gas fireplace, ensuite laundry and a western facing walk-out deck. The third floor apartment looks out onto it's own deck overlooking the tranquil backyard. The basement apartment with ceiling height of over 6'10", has it's own private entrance. The property has laneway access to a large, detached, 2 car concrete block garage. There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income. Lanescape Property Report is attached. The property is conveniently located to public transit, desirable schools and trendy Junction shops and restaurants. For avid walkers, cyclists and nature lovers, High Park is a short walk away. With exceptional tenants and immediate cash flow, this property is a great opportunity for investors or an Owner-Operator Landlord. The third floor can be left empty upon closing for the new owner to reside. Financial information is attached. Tenants pay their own hydro. New roof 2014.
Key facts
- Property type
- Other, 2 1/2 Storey
- MLS®
- W13866628
- Bedrooms
- 6+1 (7 total)
- Bathrooms
- 4
- Size
- 2500-3000 sq ft
- Lot
- 24.83 × 120 ft
- Cross streets
- Annette & Runnymede
- Parking
- 2 garage (detached)
- Driveway
- Lane
- Basement
- Apartment, Separate Entrance
- Kitchens
- 4 (3 + 1)
- Heating
- Forced Air
- A/C
- Other, Window Unit(s)
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $7,465 / 2025
- Days on market
- 13
- Listing brokerage
- FREEMAN REAL ESTATE LTD.
Rooms
hardwood floor · window · west view
hardwood floor · window · north view
fireplace · window · overlooks backyard
overlooks backyard · eat-in kitchen · east view
double closet · heated floor · window
closet · window · west view
w/o to deck · window · east view
large window · w/o to garden
laminate · overlooks backyard · east view
hardwood floor · closet · w/o to balcony
hardwood floor · closet · window
hardwood floor · closet · window
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 readOn schools, this address is zoned for Humberside 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest listings on the market. Homes like this one have recently closed around $1.46M, which is where my estimate comes from.
Per square foot, these ask about $783/sqft; this home lists at $491/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for homes in Junction Area: $1.03M in September 2026, up 20% from a year ago, on 131 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.02M | 20 |
| November 2025 | $765K | 14 |
| December 2025 | $900K | 9 |
| January 2026 | $638K | 6 |
| February 2026 | $588K | 5 |
| March 2026 | $1.23M | 12 |
| April 2026 | $1.25M | 11 |
| May 2026 | $1.00M | 17 |
| June 2026 | $704K | 10 |
| July 2026 | $1.02M | 8 |
| August 2026 | $1.19M | 8 |
| September 2026 | $1.03M | 11 |
Neighbourhood & location
Junction Area, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,079,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,967
- Property tax
- $622
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,589
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Toronto municipal land transfer tax
- $23,455
- Estimated closing costs
- $46,910
Plus your down payment of $269,800. 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
- $358,025
- Principal paid down
- $131,858
- Interest paid
- $226,167
- Balance remaining
- $947,342
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
About the suite: in Junction Area basements rarely rent out (35 of 500 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 16 whole-home leases in Junction Area signed at a median of $1,696 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,490. 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 FREEMAN REAL ESTATE LTD.. MLS®/PropTx.