10 FAIRBANK Avenue
Toronto, Ontario
5 bed • 3 bath • Multi-family
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.
Price History
Schools
Elementary
- Fairbank Public School0.4 km
Public · Toronto DSB · 285 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 16% met the provincial standard
- Fairbank Memorial Community School0.5 km
Public · Toronto DSB · 225 students
Grade 3 reading: 74% met the provincial standard
- St Thomas Aquinas Catholic School0.7 km
Catholic · Toronto CDSB · 405 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 49% met the provincial standard
Secondary
- York Memorial Collegiate Institute2.1 km
Public · Toronto DSB · 885 students
Grade 10 literacy: 65% met the provincial standard
- Oakwood Collegiate Institute2.3 km
Public · Toronto DSB · 525 students
Grade 10 literacy: 88% met the provincial standard
- John Polanyi Collegiate Institute2.6 km
Public · Toronto DSB · 500 students
Grade 10 literacy: 72% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6E
- Population
- 37,684
- Private dwellings
- 16,172
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Toronto · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Toronto over the last 12 months.
Location
Mortgage Calculator
$240,000
Estimated Monthly Payment
$5,895
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,895/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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