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Caledonia-Fairbank, Toronto

Real Estate Market Report

ActiveCurrent active residential listings.
23
Sold (12 mo)Sold residential listings, trailing 12 months.
71

Based on geocoded sales; may understate total volume.

Median PriceMedian sold price, trailing 6 months.
$930K
Avg DOMAverage days on market (sold, 6 months).
35 days
SP/LPMean sale-to-list ratio (6 months).
98.9%
MOIMonths of inventory.
3.5 months

Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · medians 6-month basis

Living in Caledonia-Fairbank

Caledonia-Fairbank is a working-class, multicultural neighbourhood in west-central Toronto, Ontario, known for its unpretentious character and a strong sense of community rooted in generations of immigrant settlement. The housing stock consists primarily of semi-detached and detached homes built between the 1920s and 1960s, alongside a smaller number of post-war bungalows and walk-up apartment buildings. Lot sizes are modest, typically running 20 to 25 feet wide, which reflects the neighbourhood's working-class origins. With a current median sold price of $715,000 and only 3 active listings, inventory is tight. At 24 average days on market, buyer interest is steady and consistent throughout the year. Transit access is practical and improving. The Eglinton Crosstown LRT (Line 5), nearing completion, will significantly improve rapid transit connectivity along Eglinton Avenue West, which borders the neighbourhood's southern edge. Existing TTC bus routes along Dufferin Street, Caledonia Road, and Lawrence Avenue West connect residents to the Bloor-Danforth subway (Line 2) to the south and Lawrence West station on the Spadina-University-Yonge line (Line 1). By car, Allen Road and Black Creek Drive provide quick access to Highway 401, linking the area to greater Toronto and the rest of Ontario. Dining and shopping reflect the neighbourhood's multicultural character. The commercial strips along Dufferin Street and Caledonia Road are home to Portuguese, Italian, Caribbean, and Latin American eateries, independent grocery stores, and family-run bakeries. The tone is practical and community-oriented rather than destination-focused, with specialty food shops serving a range of newer immigrant communities as well. Green space is within reach. Dufferin Grove Park, just east of the neighbourhood boundary, offers a well-used community gathering space with a farmers' market and a winter skating rink. Smaller local parks and the Black Creek ravine trail system provide accessible routes for walking, cycling, and everyday outdoor recreation. According to Statistics Canada data, Caledonia-Fairbank has historically drawn working families, tradespeople, and first-generation immigrants seeking affordable, detached housing in Toronto. That foundation remains, and it is increasingly joined by younger buyers priced out of Roncesvalles and Bloor West Village who see Caledonia-Fairbank as transit-adjacent and accessible. The neighbourhood is predominantly owner-occupied and family-oriented, with a stable long-term resident base.

Content generated with AI assistance based on local data sources.

Frequently Asked Questions

▶Is Caledonia-Fairbank a good neighbourhood for families?

Yes. Caledonia-Fairbank is primarily owner-occupied and has a long history of housing working families. The mix of detached and semi-detached homes, proximity to schools, and access to parks like Dufferin Grove Park make it a practical choice for families looking for space at a lower price point than nearby west-end Toronto neighbourhoods.

▶How is public transit in Caledonia-Fairbank?

Transit access is reasonable and set to improve. Existing TTC bus routes on Dufferin Street, Caledonia Road, and Lawrence Avenue West connect to two subway lines. The Eglinton Crosstown LRT (Line 5) along Eglinton Avenue West will add a fast east-west rapid transit option once fully open, increasing the neighbourhood's appeal for commuters who work downtown or across the Toronto region.

▶What is the typical home price in Caledonia-Fairbank?

The current median sold price is $715,000, with the majority of sales coming from semi-detached and detached homes. The Canadian Real Estate Association (CREA) notes that west-central Toronto neighbourhoods like Caledonia-Fairbank have seen sustained demand from buyers seeking detached housing at more accessible price points compared to established west-end areas.

▶What is the pace of the real estate market in Caledonia-Fairbank?

At an average of 24 days on market and only 3 active listings at any given time, the market moves at a measured pace. Inventory is limited, which means well-priced properties attract attention quickly. Buyers should be prepared with financing in place before actively searching.