10 FAIRBANK Avenue, Toronto, Ontario, M6E3Y4

Property Description

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:64974)

Quick Facts

• Property Type: Duplex (Freehold)
• Bedrooms: 5
• Bathrooms: 3
• Living Area: 2,881 sq ft (267.7 m²)
• Above Grade: 1,920 sq ft (178.4 m²)
• Below Grade: 961 sq ft (89.3 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces (Detached Garage, Open)
• Frontage: 25 ft (7.6 m)

Costs

• Annual Taxes: $3,234.00

Listing Provided by: Easy List Realty Ltd.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.