10 Fairbank Avenue Toronto, Ontario M6E 3Y4

$1,200,000

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. (id:56221)

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https://www.realtor.ca/real-estate/29190009/10-fairbank-avenue-toronto