181 Gilbert Avenue

Fairbank, Toronto

181 Gilbert Avenue, Fairbank, Toronto

$998,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $907.27


About this Detached

in Fairbank, Toronto

Welcome to 181 Gilbert Avenue - a beautifully updated 2-bedroom detached home offering over 2,000 sq ft of total living space, designed with flow, function, and everyday comfort in mind. The main floor offers a bright living and dining space, bathed in warm west-facing afternoon light and seamlessly connected for both relaxing and entertaining. At the heart of the home is a stunning, fully renovated kitchen featuring a large centre island, abundant storage, and high-end appliances - a true gathering space that extends effortlessly to your private backyard oasis. Thoughtfully designed for hosting and low-maintenance living, it's a rare outdoor setting that condo living simply can't match. Upstairs, two well-sized bedrooms are complemented by updated finishes throughout, while a comprehensive list of improvements delivers complete peace of mind. The upper level also offers exciting potential to expand above the rear addition, creating additional bedrooms or living space over time. From new hardwood floors, lighting, and trim to a reimagined layout and fully renovated kitchen, every detail has been carefully considered. The lower level adds exceptional flexibility with a separate walk-out and generous space - ideal for an in-law suite, income potential, or expanded living. A rare 2-car garage provides outstanding storage, while the property also offers exciting laneway house potential for future value and versatility. Positioned in the heart of Caledonia-Fairbank, this welcoming, community-oriented neighbourhood offers easy access to parks, schools, everyday amenities, and the new Eglinton LRT for seamless urban connectivity. A thoughtfully updated detached home that delivers what condos can't - space, flexibility, and long-term value. Built for how you live today, and designed to grow with you tomorrow.

Listed by ROYAL LEPAGE SIGNATURE REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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