131 Fairview Ave is a 3-bedroom, 2-bathroom detached home in St. Thomas, listed for $1,300,000. It has 700-1100 sq ft of living space.
1Thomas Location with Exceptional Lot & Development Potential!
2Incredible value-add potential 103'x380' lot situated in a high-convenience St.
3Featuring excellent access to transit and main arterial routes, Parks, Schools, hospital, this property presents a versatile potential development opportunity.
Prime St. Thomas Location with Exceptional Lot & Development Potential! Excellent opportunity for homeowners, investors and developers. Incredible value-add potential 103'x380' lot situated in a high-convenience St. Thomas location. Featuring excellent access to transit and main arterial routes, Parks, Schools, hospital, this property presents a versatile potential development opportunity. Concept plans have been prepared and preapproved for townhouse development featuring 8 residential units with the existing single detached home, offering exciting potential for builders, developers, and investors. Buyers to conduct their own due diligence regarding zoning, planning approvals, building permits, servicing, and development feasibility with the City of St. Thomas. Concept plans and consultation documents available for review. Currently tenanted existing detached bungalow featuring 3+3 bedrooms and 2 bathrooms, offering plenty of space for a growing family or extended family living. The fully functional layout provides flexibility for a variety of living arrangements, with additional bedrooms offering potential for a home office, guest rooms, or recreation space. Property is being sold in "as is, where is" condition. Bring your vision and explore the options to build equity or redevelop!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,857 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 131 Fairview Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Lot size
380 x 103
Parking
16 spacesYes garage
Basement
Partially Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
16
Interior
Basement
Partially Finished · Full
Exterior & construction
Pool
Yes
Lot & land
Lot dimensions
380 x 103
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
131 Fairview Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14096080$1,300,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 131 Fairview Ave Compares to the St. Thomas Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,387
/mo
based on the purchase price of $1,300,000
$260,000 cash
$1,040,000 financed
$875,953 total interest
Principal54%$1,040,000
Interest46%$875,953
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in St. Thomas
Other 2–3 bed homes for sale in St. Thomas around $1.3M.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings255Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 239 sales from Jul 24 – Oct 22, 2026 (163 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 131 Fairview Ave
How much is 131 Fairview Ave listed for?
131 Fairview Ave is listed at $1,300,000 (MLS® X14096080). Summitly updates the price as soon as the MLS® record changes.
Is $1,300,000 a good price for 131 Fairview Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in St. Thomas. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 131 Fairview Ave changed?
No — 131 Fairview Ave is still listed at its original asking price of $1,300,000.
How many bedrooms and bathrooms does 131 Fairview Ave have?
131 Fairview Ave has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in St. Thomas.
How much would the monthly mortgage be on 131 Fairview Ave?
About $6,387 a month — principal and interest on $1,300,000 with 20% down ($260,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 131 Fairview Ave compare with other homes in St. Thomas?
Its asking price of $1,300,000 is about 148% above the median sold price in St. Thomas over the last 90 days, $525,000, across 239 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 131 Fairview Ave been sold before?
Summitly has no earlier MLS® sale or lease of 131 Fairview Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 131 Fairview Ave?
131 Fairview Ave is in St. Thomas, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 131 Fairview Ave been on the market?
3 days — 131 Fairview Ave was listed on October 19, 2026.
What is the price per square foot of 131 Fairview Ave?
About $1,182 to $1,857 per square foot: the asking price of $1,300,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 131 Fairview Ave have parking or a garage?
Yes — the listing gives 16 parking spaces. Garage: Yes.
Does 131 Fairview Ave have a basement, and is it finished?
The listing describes the basement as: Partially Finished, Full.
