$999,000

For sale

26 Fairbank Avenue, Toronto (Briar Hill-Belgravia) - Single Family for Sale

26 Fairbank Avenue, Toronto (Briar Hill-Belgravia), Ontario, M6E3Y4

3 beds3 baths2 parking1,750 ft²25 × 125 ft (3,125 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $999,000 asking price sits right in line with the $999,000 median in Toronto. It has been on the market 27 days, fresher than the Toronto average of 66 days.

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Description

Welcome to 26 Fairbank Avenue! A fantastic opportunity for end-users, investors, or multi-generational families. This beautifully renovated home offers a versatile layout featuring a spacious 3-bedroom, 2-bathroom main residence, plus a fully finished lower level complete with its own kitchen, bathroom, and separate entrance-ideal for extended family, an in-law suite, or a private home office. Enjoy the flexibility of two distinct living spaces in a highly convenient Toronto location. Ideally situated just a short walk to the Fairbank LRT Station and close to schools, parks, shopping, restaurants, and everyday amenities, offering excellent connectivity and easy transit access throughout the city. The existing occupant is willing to stay, or vacant possession may be available, providing flexibility subject to standard tenancy guidelines. Photos were taken when the property was vacant. Some photographs have been virtually staged; current furnishings and occupancy may differ. (id:66096)

Property Details

MLS®: W13876080
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 25 × 125 ft (3,125 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $5,204/yr

Rooms

Main level

Living room: 4.72 x 3.28 meters
Dining room: 3.2 x 6.02 meters
Kitchen: 2.92 x 4.62 meters

Second level

Primary Bedroom: 3.3 x 5.18 meters
Bedroom 2: 3.96 x 3.38 meters
Bedroom 3: 3.4 x 2.54 meters

Lower level

Recreational, Games room: 4.72 x 2.74 meters
Kitchen: 5.74 x 2.51 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Window Coverings, Two Refrigerators
Flooring: Ceramic, Vinyl
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Briar Hill-Belgravia) listings, avg age

66d

Price / ft²

$571

List price

$999K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Briar Hill-Belgravia) has been listed for 27 days, which is 39 days fresher than the city average of 66. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · SAM GIULIANO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $999,000, about 12.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$999,000· $571/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$434/mo

Total monthly$5,557

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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