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About the Listing 461300 -
*** Visit the REALTOR website for further information about this Listing *** A rare detached legal duplex in midtown Toronto offering strong income today with significant development upside. Situated on a 25 ft 125.5 ft lot, the property includes two private rear laneway parking spaces, 6 bedrooms, and 3 bathrooms across three self-contained units, each with its own kitchen and living space. Approved architectural permits 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-positioning the property for five legal units at full build-out. Fire separations, egress paths, and structural notes are already documented, creating a clear, low-friction pathway for redevelopment. Located in the rapidly improving Fairbank neighbourhood, the home is steps to parks, schools, community facilities, and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. The area continues to benefit from major transit and infrastructure investment, supporting long-term value growth. Marketed as a Strong CMHC Candidate, this is an exceptional opportunity for investors seeking both immediate income and future scalability.
Listing Highlights
Status
Active
Days on Site
213
Property Type
Multi-Family
MLS ®
W12636928
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 10
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces: Fireplace Insert
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Finished with Walk-Out
- Other: Separate Heating Controls,Water Meter,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Porch,Arts Centre,Hospital,Library,Park,Public Transit,Ravine
- Sewer: Sewer
- Parking Features: Available,Detached,Has Garage
Financial Details
- Tax Amount: $3,234
- Taxes w/Assessments: N/A
- Tax/Property ID: 104810234
- Tax Year: 2025
Payment Calculator
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Questions About..
10 Fairbank Ave Toronto, ON M6E 3Y4
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