$1,699,990

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361 Fairlawn Avenue, Toronto (Bedford Park-Nortown) - Single Family for Sale

361 Fairlawn Avenue, Toronto (Bedford Park-Nortown), Ontario, M5M1T5

4 beds2 baths2 parking900 ft²25 × 165 ft (4,125 sq ft) lot sizeListed 59 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space.

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Description

Rare Commercial/Residential Zoning Offering Exceptional Flexibility And Long-Term Potential. Freshly Updated. Move-In Ready. 165 Feet Of Possibility For Tomorrow.Set On An Exceptional 25 X 165 Ft South-Facing Lot In Coveted North Toronto, This Detached Bungalow Offers A Rare Combination Of Immediate Comfort, Valuable Recent Improvements And Remarkable Long-Term Potential.Featuring 2+2 Bedrooms, 2 Bathrooms And A Finished Basement With A Separate Entrance, The Home Has Been Freshly Painted And Enhanced With New Premium Waterproof SPC Luxury Vinyl Plank Flooring With A 20-Mil Commercial-Grade Wear Layer, Bringing A Clean, Contemporary Feel And Exceptional Everyday Durability.A Particularly Valuable Recent Improvement Is The Upgraded 200-Amp Electrical Service, Increased From The Previous 100-Amp Service, Providing Substantially Greater Electrical Capacity for today's needs and future possibilities. An Owned Tankless Water Heater adds further convenience and value, with no hot-water-tank rental to assume.Move In And Enjoy Today, Personalize Over Time, Expand The Existing Home, Or Explore The Possibility Of Building New. Steps To Avenue Rd And Minutes To Yonge St, With Excellent Schools, Parks, Transit, Dining, Shopping And Everyday Amenities Close At Hand.For An End User, A Fresh And Comfortable Home. For A Builder, An Extraordinary Canvas. For An Investor, A Rare 165-Ft-Deep Piece Of Toronto Land With Enduring Potential.Ready For Today. Powered For Tomorrow. 165 Feet Of Possibility.Basement photos are virtually staged. (id:66096)

Property Details

MLS®: C13751208
Property Type: Single Family
Zoning: CR1 (c1;r1)*12 Commercial& Residential Zoning
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 25 × 165 ft (4,125 sq ft)
Frontage: 25 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes

Rooms

Main level

Great room: 5.32 x 3.78 meters
Dining room: 3.43 x 3.08 meters
Primary Bedroom: 3.65 x 2.43 meters
Bedroom 2: 3.65 x 2.43 meters

Basement

Bedroom 3: 3.91 x 3.55 meters
Recreational, Games room: 3.22 x 2.76 meters
Living room: 4.86 x 3.86 meters
Bedroom 4: 2.87 x 2.4 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Water Heater - Tankless
Flooring: Laminate, Vinyl
Foundation: Concrete
Exterior: Brick, Brick Facing
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Toronto (Bedford Park-Nortown) listings, avg age

52d

Price / ft²

$1,889

List price

$1.70M

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 4-bed single family in Toronto (Bedford Park-Nortown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX ATRIUM HOME REALTY · HEATHER HE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5M)

This home lists at $1,699,990, about 10.4× the local median household income of $164,000.

Carrying it typically needs a household income of about $332,068 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $164,000
Population: 25,495
Median age: 43.2
Owner / renter: 76% / 24%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M5M)

$1,699,990· $1,889/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,998

Min 20%50%

Mortgage payment$7,250/mo

Property tax (est.)$707/mo

Total monthly$7,957

Cash Needed to Close

Down payment (20%)$339,998

Land transfer tax$60,950

Est. closing costs$7,600

Total cash needed$408,548

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361 Fairlawn Avenue, Toronto (Bedford Park-Nortown) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5M)

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Full Cost Breakdown

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