88 Fairview Ave

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88 Fairview Ave, Toronto
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
W8280132
MLSID
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Property Description
Welcome to 88 Fairview Ave, an elegant 2 1/2 storey 4 bedroom renovated home with first class finishes throughout. The main floor features a recently renovated kitchen with quartz counters & stainless steel appliances, spacious living & dining rooms with refinished hardwood floors, and tucked-away powder room & laundry. From the kitchen there is a walk-out to a large deck with Ipe Brazilian hardwood, a patio with a built in umbrella, and a deep back yard with artificial turf. On the second level there is a large primary bedroom with a huge, fully organized walk-in closet. There are also two other bedrooms, each with double closets which have built in organizers, and a renovated 4 piece bathroom with a heated floor. The third level is a bright, airy fourth bedroom with a large sitting area and a fireplace. There is also roughed-in plumbing for a potential ensuite bathroom. The lower level features a large open rec room with high ceilings and a renovated 3 piece bathroom with a heated floor. The spacious garage has been finished with Gladiator panels to provide tons of flexible wall storage, and the laneway qualifies for a laneway suite up 1,640 sq ft. The garage also has a 240 volt Tesla charger. What a great location! This home is at the nexus of three of west Toronto's most popular family neighbourhoods. We're within walking distance from the shops & restaurants in The Junction & Bloor West Village; to the beautiful High Park; and to the Runnymede subway station. We are also in the catchment for top rated Humberside Collegiate. A list of notable features and recent improvements is attached. This home is in top shape mechanically, and we have a well-above-average inspection report to share with interested buyers.
Extras
Automatic sprinkler systems front and back, Automated wired outside lighting front and back, Metal roof on house and garage, 200 amp service, Back flow valve, Gladiator wall panels in garage, high ceilings in basement, all levels insulated
Property Features
Electric Car Charger, Fenced Yard, Library, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 2 1/2 Storey
Lot Size
25' x 115'
Fronting
West
Taxes
$8,283 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.43' x 12.40'Hardwood Floor, Large Window, O/Looks Frontyard
DiningMain10.24' x 15.75'Hardwood Floor, Large Window, O/Looks Backyard
KitchenMain9.42' x 12.66'Open Concept, Stainless Steel Appl, W/O To Yard
LaundryMain4.17' x 7.25'
FoyerMain8.76' x 9.42'
Prim Bdrm2nd9.32' x 16.01'Hardwood Floor, W/I Closet, Large Window
2nd Br2nd9.68' x 10.99'Hardwood Floor, Double Closet, Large Window
3rd Br2nd9.74' x 10.01'Hardwood Floor, Double Closet, Large Window
4th Br3rd14.99' x 29.99'Hardwood Floor, Combined W/Sitting, Large Window
RecLower17.65' x 21.33'Laminate, Wet Bar, 3 Pc Bath
UtilityLower5.25' x 10.01'
Toronto Market Statistics
Toronto Price Trend
88 Fairview Ave is a 4-bedroom 3-bathroom home listed for sale at $1,999,000, which is $171,191 (7.9%) lower than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Toronto over the last 30 days (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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