$1,698,000
Toronto
280 Fairlawn Avenue, Toronto (Lawrence Park North), Ontario, M5M1T1
This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,698,000, it is attractively priced about 29% below the $2,395,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 54 days.
Welcome to 280 Fairlawn Ave, a beautifully renovated semi on an extra-deep lot within the highly sought after John Wanless School area. Open concept main floor features wide plank hardwood flooring throughout, a spacious living and dining area offering flexible furniture arrangements for a variety of family needs, and a large bay window that fills the space with natural light. Modern kitchen equipped with a gas stove, pot filler, and a stunning book-matched waterfall island. Across from the island, a dedicated coffee bar adds extra counter space and features its own sink, an automatic glass rinser, and open shelving. Beyond the kitchen, an extended living area currently serves as a home office, offering a beautiful view of the backyard. With rear parking, this versatile space can also function as a convenient mudroom. A main floor powder room adds everyday convenience and makes entertaining a breeze. Primary bedroom features a walk-in closet and a private ensuite with a quartz vanity countertop, LED vanity mirror, and elegant brass hardware. The shared bathroom carries through the home's cohesive design with matching tones and a double-sink vanity. Pendant lighting in each bedroom adds warmth and another layer of illumination. Partially finished basement offers additional flexible space for relaxation and entertainment. Notable upgrades include the City's replacement of the water main in 2024, replacement of the water service pipe from the main to the house with lead-free piping, and upgraded attic insulation. Enjoy a convenient lifestyle with a short walk to Yonge Street and Avenue Road, offering a variety of cafés, restaurants, and grocery stores, as well as easy access to Lawrence subway station. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 54 days across the listings currently for sale in this city
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.
This 3-bed single family in Toronto (Lawrence Park North) has been listed for 16 days, which is 38 days fresher than the city average of 54. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,698,000, about 10.4× the local median household income of $164,000.
Carrying it typically needs a household income of about $331,679 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5M)
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