24 Fairside Avenue, Toronto E03

Price: $1,899,000

5 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13426372

Stunning Luxury Residence, Contemporary Designer Home, In-Law Suite Potential. Welcome to this gorgious luxury home offering approximately 2,600 sq. ft. of refined living space, showcasing modern architectural design, elevated finishes, and exceptional attention to detail throughout. A dramatic 12 ft foyer with designer lighting and a wood-accent feature wall creates a striking first impression. The main floor features a seamless open-concept layout connecting the living, dining, kitchen, and family areas-ideal for both entertaining and everyday living. Floor-to-ceiling windows in family room fill the home with natural light, complemented by automated blinds for comfort and privacy. A sophisticated two-sided fireplace anchors the living and dining spaces, adding warmth and elegance. The home features 10-foot ceilings, modern lighting, and built-in speakers in the main floor and primary suite. The chef-inspired kitchen offers premium appliances, stone countertops, a spacious breakfast bar, and a sleek contemporary design. Upstairs, the primary retreat includes his-and-hers walk-in closets with custom built-ins, LED lighting, and skylights. The spa-like 7-piece ensuite delivers a luxurious retreat experience. The primary bedroom also features a private balcony overlooking the backyard, while the second bedroom includes a Juliet balcony. This home offers five beautifully designed bathrooms, finished with high-quality materials and modern style. The fully finished lower level includes a one-bedroom in-law suite with a separate entrance and a 3-piece bathroom, providing excellent flexibility for extended family or additional living space. For enhanced security, the property is equipped with four exterior surveillance cameras and a smart doorbell system with monitors on both the main and second floors. A rare opportunity combining luxury, functionality, and modern design-this exceptional residence delivers elevated living in every detail.

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New Listing
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$1,899,000 - 24 Fairside Avenue, Danforth

Detached for Sale in Danforth

New — Listed 3 days ago
5Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13426372
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
SOLTANIAN REAL ESTATE INC.
Description

Stunning Luxury Residence, Contemporary Designer Home, In-Law Suite Potential. Welcome to this gorgious luxury home offering approximately 2,600 sq. ft. of refined living space, showcasing modern architectural design, elevated finishes, and exceptional attention to detail throughout. A dramatic 12 ft foyer with designer lighting and a wood-accent feature wall creates a striking first impression. The main floor features a seamless open-concept layout connecting the living, dining, kitchen, and family areas-ideal for both entertaining and everyday living. Floor-to-ceiling windows in family room fill the home with natural light, complemented by automated blinds for comfort and privacy. A sophisticated two-sided fireplace anchors the living and dining spaces, adding warmth and elegance. The home features 10-foot ceilings, modern lighting, and built-in speakers in the main floor and primary suite. The chef-inspired kitchen offers premium appliances, stone countertops, a spacious breakfast bar, and a sleek contemporary design. Upstairs, the primary retreat includes his-and-hers walk-in closets with custom built-ins, LED lighting, and skylights. The spa-like 7-piece ensuite delivers a luxurious retreat experience. The primary bedroom also features a private balcony overlooking the backyard, while the second bedroom includes a Juliet balcony. This home offers five beautifully designed bathrooms, finished with high-quality materials and modern style. The fully finished lower level includes a one-bedroom in-law suite with a separate entrance and a 3-piece bathroom, providing excellent flexibility for extended family or additional living space. For enhanced security, the property is equipped with four exterior surveillance cameras and a smart doorbell system with monitors on both the main and second floors. A rare opportunity combining luxury, functionality, and modern design-this exceptional residence delivers elevated living in every detail.

Mortgage Calculator

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Estimated Payment

$8,399.92/mo

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5-yr fixed avg.

Principal: $1,519,200Interest: $1,000,775
Mortgage Amount$1,519,200
Total Interest$1,000,775
Est. Property Tax$1,345/mo
Total Cost$2,519,975

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: Danforth / East York

Discover Danforth / East York

Danforth / East York 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 Danforth / East York

  • Convenient location in Danforth / East York
  • 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

Danforth / East York 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

24 Fairside Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,345
Insurance (est.)-$396
Net Cash Flow+$1,959

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 $950/sqft, this property is priced in line with current Danforth 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Danforth are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Danforth.

Bathroom Count Matters

With 5 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: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    24 Fairside Avenue, Danforth… — $1,899,000 | Battaglia Team