$1,699,990
Est. payment $7,527/moCalculate yours
361 Fairlawn Avenue, Toronto, ON M5M 1T5
Bedford Park-Nortown, North York, ON M5M 1T5
- 2 + 2 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX ATRIUM HOME REALTY MLS® C13751208
About this home
Rare Commercial/Residential Zoning Offering Exceptional Flexibility And Long-Term Potential. Freshly Updated. Move-In Ready. 165 Feet Of Possibility For Tomorrow.Set On An Exceptional 25 X 165 Ft South-Facing Lot In Coveted North Toronto, This Detached Bungalow Offers A Rare Combination Of Immediate Comfort, Valuable Recent Improvements And Remarkable Long-Term Potential.Featuring 2+2 Bedrooms, 2 Bathrooms And A Finished Basement With A Separate Entrance, The Home Has Been Freshly Painted And Enhanced With New Premium Waterproof SPC Luxury Vinyl Plank Flooring With A 20-Mil Commercial-Grade Wear Layer, Bringing A Clean, Contemporary Feel And Exceptional Everyday Durability.A Particularly Valuable Recent Improvement Is The Upgraded 200-Amp Electrical Service, Increased From The Previous 100-Amp Service, Providing Substantially Greater Electrical Capacity for today’s needs and future possibilities. An Owned Tankless Water Heater adds further convenience and value, with no hot-water-tank rental to assume.Move In And Enjoy Today, Personalize Over Time, Expand The Existing Home, Or Explore The Possibility Of Building New. Steps To Avenue Rd And Minutes To Yonge St, With Excellent Schools, Parks, Transit, Dining, Shopping And Everyday Amenities Close At Hand.For An End User, A Fresh And Comfortable Home. For A Builder, An Extraordinary Canvas. For An Investor, A Rare 165-Ft-Deep Piece Of Toronto Land With Enduring Potential.Ready For Today. Powered For Tomorrow. 165 Feet Of Possibility.Basement photos are virtually staged.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Brick Front
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 165 Feet
- Parking
- None garage · 2 total
- Zoning
- CR1 (c1;r1)*12 Commercial& Residential Zoning
Financial
- Property Taxes
- $8,483 (2025)
Location
- Neighbourhood
- Bedford Park-Nortown
- Cross Street
- Avenue Rd/Lawrence Ave W
- Direction Faces
- South
Listing
- MLS® Number
- C13751208
- Days on Market
- 41
- Listed On
- 2026-09-07
- Listed By
- RE/MAX ATRIUM HOME REALTY
Rooms
Features
Interior
- Carpet Free
- On Demand Water Heater
Pool
- None
- Included
- Existing Refrigerator, Stove, Dishwasher, Range Hood, Washer & Dryer, All Existing Electric Light Fixtures And Window Coverings.
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$7,527 per month
- Principal and interest
- $7,527
- Property tax
- $707
- Condo fees
- $0
- Estimated monthly cost
- $8,234
Your mortgage
- Mortgage amount
- $1,359,992
- Mortgage insurance
- Not needed
- Interest over 25 years
- $898,164
Cash to close
- Down payment
- $339,998
- Land transfer tax (Ontario + Toronto)
- $60,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $400,948
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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