361 Fairlawn Ave is a 2-bedroom, 2-bathroom detached home in Toronto, listed for $1,699,990. It has 700-1100 sq ft of living space.
1Rare Commercial/Residential Zoning Offering Exceptional Flexibility And Long-Term Potential.
2Steps 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.
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.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $2,429 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 361 Fairlawn Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
361 Fairlawn Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$8,352
/mo
based on the purchase price of $1,699,990
$339,998 cash
$1,359,992 financed
$1,145,470 total interest
Principal54%$1,359,992
Interest46%$1,145,470
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.
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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 Toronto
Other 3-bed homes for sale in Toronto around $1.7M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,400Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
361 Fairlawn Ave is listed at $1,699,990 (MLS® C13751208). Summitly updates the price as soon as the MLS® record changes.
Is $1,699,990 a good price for 361 Fairlawn 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 Toronto. 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 361 Fairlawn Ave changed?
Yes — it was first listed at $1,599,990 and is now $1,699,990, an increase of $100,000 (6.3%).
How many bedrooms and bathrooms does 361 Fairlawn Ave have?
361 Fairlawn Ave has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.
Is 361 Fairlawn Ave close to transit?
The nearest rapid-transit station is Lawrence Station (Line 1), about 1.2 km (about a 15-minute walk) in a straight line. York Mills Station is about 2.0 km, and Yorkdale Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 361 Fairlawn Ave?
About $8,352 a month — principal and interest on $1,699,990 with 20% down ($339,998), 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 361 Fairlawn Ave compare with other homes in Toronto?
Its asking price of $1,699,990 is about 102% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 361 Fairlawn Ave been sold before?
Summitly has no earlier MLS® sale or lease of 361 Fairlawn Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 361 Fairlawn Ave?
361 Fairlawn Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 361 Fairlawn Ave been on the market?
49 days — 361 Fairlawn Ave was listed on September 7, 2026.
What is the price per square foot of 361 Fairlawn Ave?
About $1,545 to $2,429 per square foot: the asking price of $1,699,990 over the 700–1,100 sq ft the listing gives as its size range.
