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Duplex For Sale in:
Toronto, ON

10 Fairbank Ave

Price: $1,200,000

Toronto 4+1 Multiplex Development

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Duplex For Sale - 10 Fairbank Ave, Toronto, ON
5
Bedrooms
3
Bathrooms
2880
Square Feet
2 Storeys
Built in
1960
$3,234
Annual Taxes
3138 sq ft
Lot Size
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Description

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, 3 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.

Whether you choose to hold as a triplex or maximize density under the approved permit framework, 10 Fairbank Avenue delivers a compelling mix of stability, location, and development potential in one of Toronto’s most connected urban pockets.

Additional Details

MLS® Number: W12636928
Property Type: Duplex
Year Built: 1960
Postal Code: M6E3Y4
MLS® Link: View on REALTOR.ca
FSBO ID: 505619