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Listed 2 months ago

2061 Fairbanks Avenue

3606 - Alta Vista/Faircrest Heights, Alta Vista and Area

$899,000

Detached|Bungalow
3 | 2 | 5
About this home

Welcome to 2061 Fairbanks Avenue, in the heart of the Alta Vista community. This 3 bedroom, 2 bathroom property features bright and spacious living areas with generously sized rooms, and a functional floor plan. The kitchen provides ample workspace and storage, while the living and dining areas are perfect for gathering with family and friends. Outside, the backyard offers plenty of space for gardening, or relaxing. Located in a desirable neighborhood close to parks, schools, transit, and everyday amenities, this home delivers exceptional value and an outstanding lifestyle opportunity. Price Reflects Condition. Estate Sale. PROPERTY SOLD AS IS. Fireplace is not WETT Certified. Roof(2025) Garage roof(2025).

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,869
Lot Size65 ft x 120 ft
mls© NumberX13462794
Listed ByROYAL LEPAGE PERFORMANCE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$572
Heat allowance
$150
Housing costs
$5,324 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,800
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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