292 FARES STREET
Toronto · L3K1W8
$525,000
About this residence
Discover a RARE OPPORTUNITY with this LEGAL side-by-side DUPLEX. Ideal for homeowners seeking both lifestyle and income potential. This property offers the flexibility to live comfortably in one unit while generating rental income from the other, creating a smart pathway toward offsetting mortgage costs or building long-term wealth. Fully compliant with city safety and occupancy standards, this duplex features above-grade units, SEPARATE HYDRO METERS, and modern finishes including carpet-free flooring and stainless steel appliances. Peace of mind comes standard with ROOF (2018), FURNACE (2021), and AIR CONDITIONER (2021). Situated in a thriving community, this property offers close proximity to local amenities, schools, and transportation-making it highly attractive to tenants and future buyers alike. Add this to your FAVORITES as the perfect blend of comfortable living and built-in rental income-an opportunity to live well while your property helps pay the way. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 3 (2 above, 1 below)
- Bathrooms
- 2
- Storeys
- 2
- Living area
- 1,500–2,000 sq ft
- Lot size
- 40 FT
- Frontage
- 40 feet
- Parking
- 2 spaces
- Annual tax
- $2,282
- MLS®
- X13066246
- Board
- Toronto
- Status
- Active
- Listed
- May 1, 2026
- Updated
- May 1, 2026
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Unfinished
Exterior
- Aluminum siding
- Vinyl siding
Foundation
- Poured Concrete
- Block
- Stone
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$2,455/mo
Loan amount
$420,000
Down payment
$105,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L3K- 19,458
- Population
- 51
- Median age
- $70,000
- Median income
- $448,000
- Median home value
- 73%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 292 FARES STREET?
292 FARES STREET is listed for $525,000, in Toronto.
How many bedrooms and bathrooms does 292 FARES STREET have?
It offers 3 bedrooms and 2 bathrooms.
What type of home is 292 FARES STREET?
292 FARES STREET is a Multi-family, Duplex set over 2 storeys.
How large is 292 FARES STREET?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 40 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,455. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,282 per year.
Is there parking?
Yes — 292 FARES STREET includes 2 parking spaces.
What is the Toronto area like?
Toronto has a population of about 19,458, a median age of 51, a 73% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $448,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $70,000.
Similar residences
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