10 Fairbank Avenue
*** 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.
Features of 10 Fairbank Avenue
| MLS® # | W12636928 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 5 |
| Bedrooms Plus | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1500-2000 |
| Type | Residential Freehold |
| Sub-Type | Duplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 10 Fairbank Avenue |
|---|---|
| Area | Toronto |
| Neighborhood | Caledonia-Fairbank |
| City | Toronto W03 |
| Province | ON |
| Postal Code | M6E 3Y4 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Garage Parking Spaces | 1 |
| Garage Type | Detached |
| Pool | None |
Interior
| Heating | Other |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| Basement | Apartment, Finished with Walk-Out |
Exterior
| Exterior | Brick Front |
|---|
Listing Details
| Office | EASY LIST REALTY LTD. |
|---|
