37 Fairside Avenue, Toronto, ON

$1,799,000
MLS#:E9310831
5 beds
3 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 31.5 x 98 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautifully renovated 2.5-story home offers a perfect blend of style, space, and modern comfort. With three spacious bedrooms and two incredible outdoor living spaces, including a breathtaking 300 sq ft patio on the third floor, this home is designed for those who love to entertain and relax in style.The main floor boasts a welcoming living room with a cozy fireplace, an elegant dining room, and a spacious kitchen featuring a Wolf stove and Sub-zero fridge, two sinks, and a walkout to a backyard patio perfect for summer BBQs or quiet evenings.On the second floor, youll find the primary bedroom, complete with a walk-in closet and a sleek 3-piece ensuite, along with two generous bedrooms. The third floor is a true retreat, featuring a bright home office with a wet bar and access to the stunning rooftop patio.The fully underpinned basement, with its high ceilings and heated floors, offers endless possibilities. Whether youre hosting in the spacious rec room, utilizing the extra bedroom/office/fitness space, or transforming it into a nanny or in-law suite, this basement has it all.Just a 15-minute walk to the lively Danforth Avenue, youll find a wide selection of shops, restaurants, and cafes, plus quick access to the subway for an easy commute.Families will love the close proximity to RH McGregor Elementary School, which features a popular French Immersion program, and the neighborhood's strong sense of community is enhanced by its walkability to local essentials. Michael Garron Hospital is just a short stroll away, offering peace of mind with top-tier healthcare nearby.Dont miss the East York Civic Centre, home to a vibrant farmers market every Tuesday, where you can pick up fresh local produce and connect with your neighbours. With all this and great access to the city via the DVP, East York is the perfect neighbourhood for families and professionals looking for the best of city living in a friendly, walkable community.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 17, 2024
Sold price information is available to members only
Listed Date9/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size31.5 × 98 Feet
CountyToronto
Annual Tax$7,532
Legal DescriptionPT LT 40 PL 2998 EAST YORK AS IN EY126058, T/W EY126058; TORONTO (E YORK) , 190602204000500 CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Capability

Security Features

Community Features

Location

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37 Fairside Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 37 Fairside Avenue, Toronto E03, ON M4C 3H1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$359,800 (20.0%)
* Minimum Canadian down payment required for this price is $359,800.
Amortization Period25 Years
Estimated Monthly Payment$8,576Based on a loan of $1,439,200 over 25 years.
Purchase Price$1,799,000
Loan Amount$1,439,200
Provincial Land Transfer Tax:$32,455
Toronto Municipal Land Transfer Tax:$32,455
Total Estimated Closing Taxes:$64,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,799,000 in Toronto, the legal minimum down payment is $359,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,483

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.