5 Bedroom
3 Bathroom
2881 sqft
None
$1,200,000
For more info on this property, please click the Brochure button below. 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. (id:58919)
Property Details
|
MLS® Number
|
40794197 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Place Of Worship, Playground, Public Transit |
|
Community Features
|
Quiet Area, School Bus |
|
Parking Space Total
|
3 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
5 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric |
|
Stories Total
|
2 |
|
Size Interior
|
2881 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Place Of Worship, Playground, Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
126 Ft |
|
Size Frontage
|
25 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Rm |
https://www.realtor.ca/real-estate/29190009/10-fairbank-avenue-toronto