48 Corby Avenue
Caledonia-Fairbank, Toronto
$799,000
Welcome to 48 Corby Ave! Nestled in Toronto's rapidly growing Caledonia-Fairbank neighbourhood, this 2-storey detached home is the perfect blank-canvas opportunity. Situated on a deep lot, the property boasts a private backyard that offers exceptional outdoor space to expand, garden, or entertain. Fantastic location in an up and coming neighbourhood with exceptional value. Steps away from Earlscourt Park, the J.J. Piccininni Community Centre, the vibrance and dining of St. Clair West, and efficient access to transit links including the Eglinton Crosstown LRT and St Clair Streetcar line. Whether you are aiming to flip, create a personalized dream home, or add a high-upside project to your investment portfolio, this property offers incredible long-term value. Property is being sold in as-is condition-bring your contractor and your vision!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,461 |
| Lot Size | 18 ft x 108 ft |
| mls© Number | W13672404 |
| Listed By | AREA REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,090
- Property tax
- $288
- Heat allowance
- $150
- Housing costs
- $4,528 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$139,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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Comparable sales
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