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New2 hours ago

26 Fairbank Avenue

Briar Hill-Belgravia, Toronto

$999,000

Detached|2-Storey
3 | 3 | 2
About this home

Welcome to 26 Fairbank Avenue! A fantastic opportunity for end-users, investors, or multi-generational families. This beautifully renovated home offers a versatile layout featuring a spacious 3-bedroom, 2-bathroom main residence, plus a fully finished lower level complete with its own kitchen, bathroom, and separate entrance-ideal for extended family, an in-law suite, or a private home office. Enjoy the flexibility of two distinct living spaces in a highly convenient Toronto location. Ideally situated just a short walk to the Fairbank LRT Station and close to schools, parks, shopping, restaurants, and everyday amenities, offering excellent connectivity and easy transit access throughout the city. The existing occupant is willing to stay, or vacant possession may be available, providing flexibility subject to standard tenancy guidelines. Photos were taken when the property was vacant. Some photographs have been virtually staged; current furnishings and occupancy may differ.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,204
Lot Size25 ft x 125 ft
mls© NumberW13876080
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$434
Heat allowance
$150
Housing costs
$5,697 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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