34 Fairfield Avenue, Toronto W06

Price: $1,649,000

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13682546

Situated In The Highly Desirable Long Branch Community, This Well-Maintained 3 Bedroom, 2 Bathroom Home Offers Approximately 2,100 Sq. Ft. Of Living Space And Sits On A Premium 50 X 125 Ft. Lot. A Unique Investment And Development Opportunity With A Registered Severance In Place To Create Two 25 Ft. Frontage Lots, Along With Approved And Paid Permits For One Custom Home On Each Lot, Municipally Addressed As 34 & 36 Fairfield Ave. An Excellent Opportunity For Investors, Builders Or End Users, Maintain The Existing Home As A Rental/Investment Property Or Take Advantage Of The Severance And Permits To Build Two New Custom Homes. Ideally Located In One Of Etobicoke's Most Sought-After Neighbourhoods, Close To Parks, Schools, Transit, The Waterfront And Everyday Amenities.

34 Fairfield Avenue - Detached photo 1 of 31 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$1,649,000 - 34 Fairfield Avenue, Liberty Village

Detached for Sale in Liberty Village

New — Listed 7 days ago

Neighbourhood: Long Branch

3Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13682546
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
SALERNO REALTY INC.
Description

Situated In The Highly Desirable Long Branch Community, This Well-Maintained 3 Bedroom, 2 Bathroom Home Offers Approximately 2,100 Sq. Ft. Of Living Space And Sits On A Premium 50 X 125 Ft. Lot. A Unique Investment And Development Opportunity With A Registered Severance In Place To Create Two 25 Ft. Frontage Lots, Along With Approved And Paid Permits For One Custom Home On Each Lot, Municipally Addressed As 34 & 36 Fairfield Ave. An Excellent Opportunity For Investors, Builders Or End Users, Maintain The Existing Home As A Rental/Investment Property Or Take Advantage Of The Severance And Permits To Build Two New Custom Homes. Ideally Located In One Of Etobicoke's Most Sought-After Neighbourhoods, Close To Parks, Schools, Transit, The Waterfront And Everyday Amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,294.08/mo

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5-yr fixed avg.

Principal: $1,319,200Interest: $869,025
Mortgage Amount$1,319,200
Total Interest$869,025
Est. Property Tax$1,168/mo
Total Cost$2,188,225

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: Long Branch

Historic Lakefront Character

Long Branch is a historic lakefront neighbourhood at the western edge of Etobicoke with roots dating back to the late 1800s as a summer resort community. Today it retains its charming village character with tree-lined streets, character homes, and direct Lake Ontario waterfront access. The area has seen thoughtful infill development while preserving its heritage appeal.

Why Live in Long Branch

  • Historic lakefront community since the 1800s
  • Charming village character with heritage homes
  • Direct Lake Ontario waterfront access
  • Long Branch GO Station and TTC streetcar
  • Marie Curtis Park at the neighbourhood's edge

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
Long Branch Public SchoolPublic Elementary
St. Ambrose Catholic SchoolCatholic Elementary

Transit & Commuting

  • Long Branch GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • TTC bus connections
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Long Branch Park
  • Marie Curtis Park
  • Colonel Samuel Smith Park
  • Waterfront Trail
  • Long Branch village shops

Lifestyle & Community

Long Branch delivers historic lakefront charm with the practical benefits of strong transit connectivity. Residents enjoy beach access, heritage streetscapes, and the intimate feel of a lakeside village within Toronto.

72
Walk Score
$800K - $1.8M
Price Range

34 Fairfield Avenue, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,168
Insurance (est.)-$344
Net Cash Flow+$1,388

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 $825/sqft, this property is priced in line with current Liberty Village 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 Liberty Village'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 Liberty Village 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.

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.

About Long Branch

I know Long Branch well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    34 Fairfield Avenue | $1,649,000 | Battaglia Team