$999,900
For sale: Multiplex

Rare detached legal duplex in Midtown Toronto offering exceptional flexibility and income potential. Situated on a 25 x 125 ft lot, The Property Offers 6 Bedrooms, 3 Bathrooms In Total, Plus living areas, Approved architectural plans 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. Fire separations, egress requirements and structural notes have already been documented, creating a clear path for redevelopment. Located in the rapidly improving Fairbank neighborhood, just steps to parks, schools, community amenities and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. A unique opportunity offering immediate rental income, long-term growth potential and multiple future-use possibilities.
Sold data
Homes in Caledonia Fairbank took a median of 16 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 45, across 74 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $899,000.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 74 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Caledonia-Fairbank) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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