10 Fairbank Avenue, Toronto, ON

Caledonia-Fairbank, Toronto · MLS® W13867182

$999,900
For Sale
Listed 13 days agoNo offer date stated
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5+5Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential.
  • Situated on a 25 x 125 ft lot, The Property Offers 6 Bedrooms, 3 Bathrooms In Total, Plus living areas, Approved architectural plans allow the main house to expand...
  • Located in the rapidly improving Fairbank neighborhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton...

Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, The Property Offers 6 Bedrooms, 3 Bathrooms In Total, Plus living areas, Approved architectural plans allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear. Fire separations, egress requirements and structural notes have already been documented, creating a clear path for redevelopment. Located in the rapidly improving Fairbank neighborhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. A unique opportunity offering immediate rental income, long-term growth potential and multiple future-use possibilities.

Key facts

Property type
Other, 2-Storey
MLS®
W13867182
Bedrooms
5+5 (10 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
25.33 × 125 ft
Cross streets
Eglington Ave W and Dufferin St
Parking
1 garage · 3 parking (detached)
Driveway
Available
Basement
Apartment, Finished with Walk-Out
Heating
Other
A/C
None
Exterior
Brick Front
Foundation
Block, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,234 / 2025
Days on market
13
Listing brokerage
RE/MAX WEST REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

The assigned public school is Fairbank Memorial Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby · asking prices
$869kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.

Per square foot, these ask about $724/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1000kThis home450k1.06M999k999k840kThis home vs active comparables

Sold price trend

Median sold price for homes in Caledonia-Fairbank: $773K in August 2026, down 3% from a year ago, on 63 closings in 9 months.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$875K6
November 2025$841K6
February 2026$1.05M6
March 2026$910K9
April 2026$900K7
May 2026$1.01M6
June 2026$810K7
July 2026$920K10
August 2026$773K6

Neighbourhood & location

Caledonia-Fairbank, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wychwood
$1.28M
Dovercourt-Wallace Emerson-Junction
$917K
Leaside
$2.80M
Waterfront Communities C1
$559K
Stonegate-Queensway
$999K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Fairbank Memorial Community School
66%
Fairbank Memorial Community SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 66% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John Bosco Catholic School · Catholic elementary0.8 km · 65% at standard
D'Arcy McGee Catholic School · Catholic elementary0.9 km · 48% at standard
J R Wilcox Community School · Public elementary1.4 km · 72% at standard
F H Miller Junior Public School · Public elementary1.4 km · 78% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.4 km · 84% at standard
St Nicholas of Bari Catholic School · Catholic elementary1.5 km · 59% at standard
Silverthorn Community School · Public elementary1.6 km · 65% at standard
Regina Mundi Catholic School · Catholic elementary1.7 km · 63% at standard
Rawlinson Community School · Public elementary1.7 km · 63% at standard
Charles E Webster Public School · Public elementary1.8 km · 47% at standard
West Preparatory Junior Public School · Public elementary1.8 km · 77% at standard
Cedarvale Community School · Public elementary1.8 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,557/mo
$185KIncome needed
5.4×Price ÷ income
$1,052Weekly cost
$32,946Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $4,557Property tax $270Total carry $4,827

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,423per month

Mortgage amount $799,920 · 4.49% over 25 years

$199,980Down payment (20.0%)
$799,920Loan before insurance
$0CMHC premium
$4,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$270
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,692

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,353/monthPayment at the qualifying rate

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

$526,948Total interest paid
$1,326,868Total of all payments
Principal $799,920 Interest $526,948
YearPrincipalInterestBalance
1$17,851$35,224$782,069
2$18,661$34,413$763,408
3$19,509$33,566$743,899
4$20,394$32,680$723,505
5$21,320$31,754$702,185
6$22,288$30,786$679,896
7$23,300$29,774$656,596
8$24,358$28,716$632,237
9$25,464$27,610$606,773
10$26,620$26,454$580,153
11$27,829$25,246$552,324
12$29,093$23,982$523,231
13$30,414$22,661$492,817
14$31,794$21,280$461,023
15$33,238$19,837$427,785
16$34,747$18,328$393,038
17$36,325$16,750$356,713
18$37,974$15,101$318,738
19$39,698$13,376$279,040
20$41,501$11,574$237,539
21$43,385$9,690$194,154
22$45,355$7,720$148,799
23$47,414$5,660$101,385
24$49,567$3,508$51,818
25$51,818$1,257$0

At the end of your 5-year term

Total paid over the term
$265,374
Principal paid down
$97,735
Interest paid
$167,638
Balance remaining
$702,185

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.

Let's connect

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

Rental yield
From 20 whole-home leases in Briar Hill-Belgravia$3,993/mo
$47,916Gross annual rent
3.8%Cap rate after taxes and upkeep
$3,728 to $4,206Typical rent range
~34 daysTo find a tenant, on average

The suite is real income here: basements rent in Briar Hill-Belgravia (36 of 244 recent detached leases were basement units, around $1,725 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,725 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 20 whole-home leases in Briar Hill-Belgravia signed at a median of $3,162 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,993. 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.

4.8%
Gross yield
− Property tax $3,234− Insurance $1,400− Vacancy & upkeep $5,271Net operating income $38,011

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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