10 Fairbank Avenue, Toronto, ON M6E 3Y4

$1,200,000
: 10
BD
: 3
BA
: 1,500
SqFt

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List Price: $1,200,000
MLS#: W12636928
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 2-Storey
Bedrooms: 10
Bathrooms: 3
Living Area: 1500-2000
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Caledonia-Fairbank
Subdivision: Eglington Ave W And Dufferin St

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Property Description

*** 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.

905.449.7653

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