10 FAIRBANK AVENUE, Toronto (Caledonia-Fairbank), Ontario, M6E3Y4

Property Description

*** 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. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 10 (5 above, 5 below)
• Bathrooms: 3
• Attached: Yes
• Fireplaces: 1
• Parking: 3 spaces (Detached Garage, Garage)
• Frontage: 25 ft (7.7 m)

Costs

• Annual Taxes: $3,234.00

Listing Provided by: EASY LIST REALTY LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.