Toronto 4+1 Multiplex Development

For more details or to contact the seller directly, please look up Listing ID 505619 at ForSaleByOwner.ca.   A rare detached legal duplex in midtown Toronto offering strong income today with significant development upside. Situated on a 25 ft × 125.5 ft lot, the property includes two private rear laneway parking spaces, 3 self-contained units, each with its own kitchen and living space.   Approved architectural permits allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear—positioning the property for five legal units at full build-out. Fire separations, egress paths, and structural notes are already documented, creating a clear, low-friction pathway for redevelopment.   Located in the rapidly improving Fairbank neighbourhood, the home is steps to parks, schools, community facilities, and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. The area continues to benefit from major transit and infrastructure investment, supporting long-term value growth. Marketed as a Strong CMHC Candidate, this is an exceptional opportunity for investors seeking both immediate income and future scalability.   Whether you choose to hold as a triplex or maximize density under the approved permit framework, 10 Fairbank Avenue delivers a compelling mix of stability, location, and development potential in one of Toronto’s most connected urban pockets.