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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

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For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 33 daysPrice drop · $50,000 off (-4.8%)

    50 FAIRVIEW Avenue

    ·St. Thomas, ON··

    • 12 beds
    • 4 baths
    • 3500-5000 sqft
    • Fourplex
    • Built 100+
    • .50-1.99 ac lot
    Asking
    $999,900
    $0 / sqft · MLS® X13490074
    Chat Zara
    St. Thomas real estate›X13490074
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,196,727
    $1,100,989Confidence range$1,292,466
    Asking vs estimate
    ↓below
    −$196,827
    (-16.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 12 bedrooms (no sqft on file).

    Market analytics

    Homes like this in St. Thomas sell in about 52 days — this one has been listed 33 days.

    Avg sold price
    $543,967
    Median sold
    $522,500
    Avg days on market
    52
    Recently sold
    184
    See comparable sales
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Overview

    What this listing tells us

    Property description

    A rare opportunity to acquire a fully legal and vacant 4-plex in the growing city of St. Thomas, allowing the new owner to establish market rents from day one. This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit. Major improvements over the past 10 years include updated kitchens, modernized electrical with 100 amp service per unit, interior and exterior waterproofing, an updated roof with 50 year shingles, updated windows, refinished floors, fresh paint, updated exterior doors, and renovated bathrooms in three of the units. Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential. Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals. Located minutes from parks, schools, shopping, downtown St. Thomas, London, and Hwy 401. St. Thomas continues to grow as a Southwestern Ontario investment market, supported by major regional employers including Volkswagen/PowerCo, Amazon, and Magna/Formet, along with ongoing downtown revitalization and long-term housing demand. With vacant possession, a legal 4-plex configuration, extensive updates, and future upside, 50 Fairview is a compelling turnkey investment opportunity.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit.
    • Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential.
    • Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals.
    • Located minutes from parks, schools, shopping, downtown St.
    Ask Zara a follow-up
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 27, 2026Price reducedCurrentReduced$999,900−$50,000 (4.8%)X13490074This page
    Jun 25, 2026ListedCurrentFor sale$1,049,900 —X13490074This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air, Wall Unit(s)
      Water source
      Municipal
      Sewer
      Sewer
    • Parking & garage

      3
      Garage
      None
      Parking spaces
      10
      Driveway
      10
    • Interior

      4
      Basement
      Full, Unfinished
      Family room
      N
      Kitchens
      4
      Total rooms
      28
    • Exterior & construction

      4
      Exterior
      Brick
      Roof
      Shingles
      Foundation
      Poured Concrete
      Pool
      None
    • Lot & land

      2
      Year built
      100+
      Zoning
      R3-5
    • Listing & possession

      3
      Occupancy
      Flexible
      Property style
      2-Storey
      Property class
      Fourplex

    Room-by-room · 20 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    10 rooms
    • Sunroom
      9.8 × 12.0 ft
    • Bedroom 3
      7.8 × 11.5 ft
    • Dining Room
      14.6 × 6.7 ft
    • Kitchen
      10.7 × 10.2 ft
    • Living Room
      18.0 × 15.0 ft
    • Bathroom
      4 Pc Bath
      6.8 × 7.2 ft
    • Other
      8.0 × 11.2 ft
    • Living Room
      11.0 × 11.4 ft
    • Dining Room
      7.9 × 10.2 ft
    • Kitchen
      17.9 × 10.8 ft

    Upper level

    8 rooms
    • Primary Bedroom
      16.8 × 12.1 ft
    • Bedroom 2
      6.9 × 15.3 ft
    • Primary Bedroom
      11.0 × 11.4 ft
    • Bedroom
      8.4 × 10.1 ft
    • Bathroom
      4 Pc Bath
      7.7 × 11.4 ft
    • Bedroom
      8.5 × 10.3 ft
    • Bedroom 2
      11.0 × 10.6 ft
    • Primary Bedroom
      10.9 × 11.8 ft

    Basement level

    2 rooms
    • Utility Room
      18.4 × 11.1 ft
    • Other
      Unfinished
      14.5 × 15.1 ft
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 50 FAIRVIEW Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Park
    • Place Of Worship
    • Rec./Commun.Centre
    • School
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,912
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $431
    0.52% mill rate · ON
    Combined estimate
    $5,343
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,912
    /mo
    based on the purchase price of $999,900
    $199,980 cash
    $799,920 financed
    $673,743 total interest
    Monthly payment$4,912/ month
    Principal54%$799,920
    Interest46%$673,743

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    The market

    How this home sits in the St. Thomas market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The St. Thomas market right now

    Average sold price, days on market, and closed-transaction count for St. Thomas — sourced from MLS®.

    • Avg sold price
      $543,967
      Last 30 days
    • Median sold price
      $522,500
      Middle of the market
    • Days on market
      52 d
      Avg from list to close
    • Closed last 30d
      184
      MLS® transactions
    Full St. Thomas market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 50 FAIRVIEW Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    • AI-first listing data

      Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

    • One team, no handoffs

      Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

    • Showings on YOUR schedule

      Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

    • Mortgage that closes

      Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

    Public listing courtesy of ROYAL LEPAGE TRILAND REALTY · displayed on Summitly per MLS® data-share rules
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 50 FAIRVIEW Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 50 FAIRVIEW Avenue listed for?

      50 FAIRVIEW Avenue is listed at $999,900 on the MLS® (listing X13490074). The price updates on Summitly as soon as the MLS® record changes.

    • How many bedrooms, bathrooms, and square feet does 50 FAIRVIEW Avenue have?

      50 FAIRVIEW Avenue is a 12-bedroom, 4-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

    • When was 50 FAIRVIEW Avenue built?

      50 FAIRVIEW Avenue was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

    • What is the property tax for 50 FAIRVIEW Avenue?

      The 'Property tax' tab in the History section shows the most recent annual tax for 50 FAIRVIEW Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

    • How much would the monthly mortgage be on 50 FAIRVIEW Avenue?

      The affordability calculator on this page shows an estimated monthly mortgage for $999,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

    • Has 50 FAIRVIEW Avenue been sold before?

      The 'Listing history' tab above lists every previous MLS® listing of 50 FAIRVIEW Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

    • What neighbourhood is 50 FAIRVIEW Avenue in?

      50 FAIRVIEW Avenue is in St. Thomas, St. Thomas. The 'Neighbourhood' section below links to the live St. Thomas real estate hub with average sold price, days on market, and current inventory.

    • Is St. Thomas a good place to live?

      St. Thomas is one of ON's actively-tracked Summitly markets. The full St. Thomas real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.