361 Fairlawn Avenue
Toronto C04, ON
- 4 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 13 days on market
Rare Commercial/Residential Zoning Offering Exceptional Flexibility And Long-Term Potential. Freshly Updated. Move-In Ready. 165 Feet Of Possibility For Tomorrow.Set On An Exceptional 25 X 165 Ft South-Facing Lot In Coveted North Toronto, This Detached Bungalow Offers A Rare Combination Of Immediate Comfort, Valuable Recent Improvements And Remarkable Long-Term Potential.Featuring 2+2 Bedrooms, 2 Bathrooms And A Finished Basement With A Separate Entrance, The Home Has Been Freshly Painted And Enhanced With New Premium Waterproof SPC Luxury Vinyl Plank Flooring With A 20-Mil Commercial-Grade Wear Layer, Bringing A Clean, Contemporary Feel And Exceptional Everyday Durability.A Particularly Valuable Recent Improvement Is The Upgraded 200-Amp Electrical Service, Increased From The Previous 100-Amp Service, Providing Substantially Greater Electrical Capacity for today's needs and future possibilities. An Owned Tankless Water Heater adds further convenience and value, with no hot-water-tank rental to assume.Move In And Enjoy Today, Personalize Over Time, Expand The Existing Home, Or Explore The Possibility Of Building New. Steps To Avenue Rd And Minutes To Yonge St, With Excellent Schools, Parks, Transit, Dining, Shopping And Everyday Amenities Close At Hand.For An End User, A Fresh And Comfortable Home. For A Builder, An Extraordinary Canvas. For An Investor, A Rare 165-Ft-Deep Piece Of Toronto Land With Enduring Potential.Ready For Today. Powered For Tomorrow. 165 Feet Of Possibility.Basement photos are virtually staged.
Listing Details
- Taxes (2025)
- $8,483
- Listed
- September 7, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick, Brick Front
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free, On Demand Water Heater
- Lot Size
- 25 x 165 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Avenue Rd/Lawrence Ave W
- Zoning
- CR1 (c1;r1)*12 Commercial& Residential Zoning
- Parcel Number
- 103480074
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Existing Refrigerator, Stove, Dishwasher, Range Hood, Washer & Dryer, All Existing Electric Light Fixtures And Window Coverings.
- Exclusions
- None
- Rental Items
- None
Schools
Elementary
- John Wanless Junior Public School0.4 km
Public · Toronto DSB · 600 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 79% met the provincial standard
- Bannockburn Public School0.8 km
Public · Toronto DSB · 55 students
- Ledbury Park Elementary and Middle School0.8 km
Public · Toronto DSB · 485 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 51% met the provincial standard
Secondary
- Lawrence Park Collegiate Institute0.8 km
Public · Toronto DSB · 1255 students
Grade 10 literacy: 96% met the provincial standard
- Loretto Abbey Catholic Secondary School1.5 km
Catholic · Toronto CDSB · 685 students
Grade 10 literacy: 89% met the provincial standard
- John Polanyi Collegiate Institute2.2 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 M5M
- Population
- 25,495
- Private dwellings
- 9,726
- Median age
- 43.2
- Average household size
- 2.8
- Median household income
- $164,000
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
Residential Freehold in Toronto C04 · last 12 months
- Median sold price
- $1,920,000
- Homes sold
- 691
- Median days on market
- 16
- Sale-to-list price
- 97.2%
Based on 691 recorded sales of residential freehold properties in Toronto C04 over the last 12 months.
Rooms
3-piece on Main, 4-piece on Basement
Main
- Bedroom 212' x 8'
- Dining Room11'3" x 10'1"
- Great Room17'5" x 12'5"
- Primary Bedroom12' x 8'
Basement
- Bedroom 312'10" x 11'8"
- Bedroom 49'5" x 7'10"
- Living Room15'11" x 12'8"
- Recreation10'7" x 9'1"
Listed by
RE/MAX ATRIUM HOME REALTY
Walk Score
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Location
Street View
Mortgage Calculator
$319,998
Estimated Monthly Payment
$7,860
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $707/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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