Deep 165-Foot Lot Bungalow Near Avenue Road

Property details for 361 Fairlawn Avenue, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 25 x 165 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Brick Facing
Ownership: Freehold
Annual Taxes: $8,483 (2025)

It's a 1,400-square-foot brick bungalow on a 25 by 165 foot lot. That depth is the story here. You get 2+2 bedrooms and 2 baths spread over the main floor and a finished basement with its own entrance. The whole place was just painted and the floors are new waterproof vinyl plank. It's clean and move-in ready, but you'll likely be thinking about what comes next. The lot is south-facing and steps from Avenue Road, with Yonge Street a few minutes away. Schools are solid. Havergal is under a kilometer off, and UCC and Crescent are within roughly 3 to 4 kilometers. The 200-amp panel and an owned tankless water heater are recent upgrades. Parking for two cars out front, no garage. Basement photos are virtually staged, but the rooms are there: a rec room, a living room, and two bedrooms below grade. This is freehold with municipal water and services. Taxes run about $8,483 a year. In this stretch of North Toronto, the deep lot is what you're paying for. The house is comfortable today. It could also be expanded or rebuilt down the road. The listed price of $1,599,990 sits close to the area's $1.57 million median, though recent sales have climbed higher. It's a rare chance to own a piece of land this deep on a quiet street near the city's best private schools.

About 361 Fairlawn Avenue, Toronto — Property Score

Prime Location

Score: 63/100

Value

Priced 18.5% above area median of $1,349,950 based on 1076 comparable properties nearby 42

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

4,125 sqft lot - a standard lot for the area 65

Location

$198K median household income - well above the Canadian average of $70K 100

90% of residents hold postsecondary credentials - a highly educated neighbourhood 96

92% homeownership rate - indicating a stable, owner-occupied community 94

55% of residents commute under 30 minutes - good commuting convenience 74

5,417/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 58 days on market 100

-99.1% median price change over 1 month - declining prices in the area 1

37.5 months of housing supply - 2961 active listings with 79 sold last month (buyer's market) 40

Features

2-car garage - area average is 4.2 spots 80

Finished, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.53% effective tax rate ($8,483/yr) - very low tax burden 84

7% renter population - primarily owner-occupied area 39

Quality

Condition

Listing

26 photos provided - below the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.