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10 FAIRBANK AVENUE, Toronto (Caledonia-Fairbank), Ontario

$999,900

10 bed · 3 bath

MLS® W13867182

Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, the property features three self-contained units with separate kitchens and living areas, providing a total of 6 bedrooms and 3 bathrooms. 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 neighbourhood, 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. (id:56426)

SAM AMID

Listed by RE/MAX WEST REALTY INC.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
24,627
Median household income
$86,702
Median home value
$782,172
Owner-occupied
54%
Homes for sale
134
Median list price
$889,000

Source: Statistics Canada 2021, LiveBy

Map of Fairbank
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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