22 Fairhead Mews, Toronto E02

Price: $899,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E13021184

Upper Beaches family friendly, end unit, freehold townhouse just steps to the Danforth and Kingston Road Village! Like a semi, you'll love this bright 3 bedroom townhome that includes a built in garage with direct access into your unit. Open concept living/dining space with 10ft ceilings features an updated kitchen with stainless steel appliances,great storage and counter space, and extra large sink. Hardwood floors throughout, including all of the bedrooms. 2 spacious bedrooms with good closet space and large windows (all replaced in 2022, along with exterior doors). Primary retreat has its own 4pc bath with separate shower and bathtub, 2 walk in closets amd 9ft ceilings. Rooftop terrace with its own wet bar is ideal for entertaining! Located in a vibrant neighbourhood just steps to the Danforth GO station, Main subway station, library, community centre, arena, parks, schools(including highly ranked Malvern CI), grocery, Danforth & Kingston Rd shops/restaurants,coffee, doctors, daycares, dentists and so much more!

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$899,000 - 22 Fairhead Mews, The Beaches

Townhouse for Sale in The Beaches

56 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
E13021184
Property Type
Townhouse
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
ROYAL LEPAGE TERREQUITY PLATINUM REALTY
Description

Upper Beaches family friendly, end unit, freehold townhouse just steps to the Danforth and Kingston Road Village! Like a semi, you'll love this bright 3 bedroom townhome that includes a built in garage with direct access into your unit. Open concept living/dining space with 10ft ceilings features an updated kitchen with stainless steel appliances,great storage and counter space, and extra large sink. Hardwood floors throughout, including all of the bedrooms. 2 spacious bedrooms with good closet space and large windows (all replaced in 2022, along with exterior doors). Primary retreat has its own 4pc bath with separate shower and bathtub, 2 walk in closets amd 9ft ceilings. Rooftop terrace with its own wet bar is ideal for entertaining! Located in a vibrant neighbourhood just steps to the Danforth GO station, Main subway station, library, community centre, arena, parks, schools(including highly ranked Malvern CI), grocery, Danforth & Kingston Rd shops/restaurants,coffee, doctors, daycares, dentists and so much more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
$
5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

22 Fairhead Mews, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,726

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $817/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in The Beaches have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    22 Fairhead Mews, The Beaches /… — $899,000 | Battaglia Team