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Neighbourhood in Toronto

Homes for rent in Caledonia-Fairbank

community-focused family-friendly walkable

Caledonia-Fairbank is a vibrant neighbourhood in Toronto. It offers a mix of residential options and local amenities.

High walkability score of 89 Diverse housing types available Strong community feel Close to parks and schools Many immigrants in the area
Caledonia-Fairbank, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 4, 396 Nairn Avenue

Unit 4, 396 Nairn Avenue

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 1 day ago

$2,195monthly
  • 2Bedrooms
  • 1Bathroom
  • 0Garage
  • 700~1.1KSq.Ft.

DetachedFor Rent

Photo of Unit 5, 396 Nairn Avenue

Unit 5, 396 Nairn Avenue

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 1 day ago

$2,195monthly
  • 2Bedrooms
  • 1Bathroom
  • 0Garage
  • 700~1.1KSq.Ft.

DetachedFor Rent

Photo of Unit Bsmt, 113 Hatherley Road

Unit Bsmt, 113 Hatherley Road

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 3 days ago

$2,350monthly
  • 2Bedrooms
  • 2Bathrooms
  • 0Parking
  • 2.5K~3KSq.Ft.

MultiplexFor Rent

Photo of Unit 1, 113 Hatherley Road

Unit 1, 113 Hatherley Road

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 4 days ago

$2,550monthly
  • 2Bedrooms
  • 2Bathrooms
  • 0Parking
  • 2.5K~3KSq.Ft.

MultiplexFor Rent

Photo of Unit 2, 113 Hatherley Road

Unit 2, 113 Hatherley Road

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 5 days ago

$2,650monthly
  • 2Bedrooms
  • 2Bathrooms
  • 0Parking
  • 2.5K~3KSq.Ft.

MultiplexFor Rent

Photo of Unit Lower, 471 Gilbert Avenue

Unit Lower, 471 Gilbert Avenue

Toronto (Caledonia-Fairbank)

For RentNew Listing
Listed for:

Listed 6 days ago

$1,600monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • <700Sq.Ft.

Semi-DetachedFor Rent

Day to dayLivability

89

Walkability

out of 100 · averaged over 7 past and present listings

Average walk score reported on listings here

5.2

Schools near listings

out of 10 · averaged over 697 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$929,500

3% above Toronto 31% above Ontario

In Caledonia-Fairbank

$929,500

In Toronto

$899,000

In Ontario

$709,000

Median monthly rent

$2,200/mo

1% below Toronto 12% below Ontario

In Caledonia-Fairbank

$2,200

In Toronto

$2,227

In Ontario

$2,500

≈ 35.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

28

Median $929,500

Houses 28

For rent

29

Median $2,200

Houses 29

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-27. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Good access to schools and parks
  • Family-friendly environment
  • Diverse community with varied cultures
  • Affordable compared to city median prices

Keep in mind

  • Limited public transit options
  • Few cafes and gyms available

The feel of the placeLifestyle

Residents enjoy a community-oriented lifestyle with easy access to local amenities. Daily life here is convenient and family-friendly.

Great for families first-time buyers immigrants

Within the boundaryWhat's nearby

The boundary

1.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

6

Parks

9

Playgrounds

1

Grocery stores

2

Restaurants

1

Pharmacies

Counted across all 1.6 km² of Caledonia-Fairbank. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.5/10

Average rating of the 2 rated schools in this area

4

Elementary

  • St John Bosco Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    6.6/105.3 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    275 students · EQAO 2024-2025

  • St Nicholas of Bari Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    4.4/104.6 over 5 yrs

    2,432nd of 3,045 Ontario elementary schools

    495 students · EQAO 2024-2025

  • F H Miller Junior Public School

    Public · Grades JK–6 · Toronto DSB

    Not rated

    220 students · EQAO 2024-2025

  • Fairbank Memorial Community School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    225 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Caledonia-Fairbank, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

10,037

Population (2021)

1.5 km²

Area

6,507

People per km²

40.4

Median age

$88,757

Median income

64%

Own their home

2.7

People per household

3,695

Households

Every age

  • Children (under 15)14.3%
  • Working age (15–64)70.7%
  • Seniors (65+)15.0%

What is built here

  • Detached houses45.3%
  • Semi-detached12.4%
  • Duplexes12%
  • Low-rise apartments25.9%
  • High-rise apartments4%

Own or rent

64%Owners

37%Renters

Across 3,695 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier53%
  • 1961–198028%
  • 1981–19906%
  • 1991–20005%
  • 2001–20051%
  • 2006–20102%
  • 2011–20151%
  • 2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

49.7%
Born outside Canada
21.6%
Hold a degree or higher
57.1%
Employment rate
30.6%
Commute by transit
62.9%
Commute by car
1.6
Children per family
$78,090
Median income after tax
$102,928
Average household income
10.7%
Living on a low income
$1,322/mo
Renters pay, per month
$1,570/mo
Owners pay, per month
$944,087
Median home value at census
30.6%
Renters spending 30%+ of income on housing
14.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 20 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Caledonia-Fairbank actually rent for

78 homes were leased in Caledonia-Fairbank over the 12 months to September 2026. Half leased above $2,386 and half below, 0.5% higher than the 12 months before. A typical home found its tenant in 29 days.

Median rent
$2,386
+0.5% year over year
Days to lease
29
1 day quicker
Leases closed
78
last 12 months
Rent per square foot
$2.34/mo
from 63 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$3,955$3,085$2,215$1,345
Nov ’23Oct ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,997/mo

on a $3,000 asking rent — under ask by $3

−10%Asking rent+10%
Of the asking rent
99.9%
Leased over asking
17.9%

From 78 leases that closed here in the last 12 months.

Rent or buy in Caledonia-Fairbank

31.5 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$900,938

72 sales

Median rent

$2,386/mo

78 leases

Gross rental yield

3.18%

before costs

Both figures come from deals that actually closed in Caledonia-Fairbank over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Caledonia-Fairbank

A single median hides this: the mix of homes behind it, and what each kind costs.

78leases
  • Detached$2,12930.8%
  • Other kinds, too few of each —69.2%

How fast it moves

Median days on market, month by month. Taller means slower.

Nov 2023Aug 2026

Terracotta marks the last 12 months.

Every month behind these charts — Caledonia-Fairbank, rentals
Monthly closed leases in Caledonia-Fairbank
MonthClosedMedianMiddle halfDays% of ask
Sep 20264 Not enough leases this month to report a median
Aug 20266$2,125$1,788 – $3,5887998.6%
Jul 202610$2,200$1,550 – $3,16334100.0%
Jun 20266$2,975$2,730 – $3,25031100.0%
May 20266$2,495$2,073 – $3,00037100.0%
Apr 20264 Not enough leases this month to report a median
Mar 20268$2,225$1,671 – $3,11320100.0%
Feb 20268$2,248$2,098 – $2,62522100.0%
Jan 202611$2,450$1,775 – $3,25018100.0%
Dec 20253 Not enough leases this month to report a median
Nov 20255$2,595$2,350 – $3,00011100.0%
Oct 20257$2,550$1,825 – $3,00014100.0%
Sep 20252 Not enough leases this month to report a median
Aug 20253 Not enough leases this month to report a median
Jul 20258$1,975$1,625 – $2,72532100.0%
Jun 20259$2,250$1,900 – $2,70025100.0%
May 20257$2,150$1,825 – $2,24820100.0%
Apr 20255$2,400$2,200 – $3,40033100.0%
Mar 20254 Not enough leases this month to report a median
Feb 20255$2,950$2,400 – $3,05017100.0%
Jan 20253 Not enough leases this month to report a median
Dec 20242 Not enough leases this month to report a median
Nov 20244 Not enough leases this month to report a median
Oct 20244 Not enough leases this month to report a median
Sep 20246$2,375$1,813 – $2,78823100.0%
Aug 20248$1,898$1,813 – $3,12128100.0%
Jul 20246$1,848$1,525 – $2,92416100.0%
Jun 20243 Not enough leases this month to report a median
May 20245$1,740$1,588 – $2,15085100.0%
Apr 20246$2,275$1,900 – $3,30050100.0%
Mar 20244 Not enough leases this month to report a median
Feb 20249$2,161$1,800 – $2,44939100.0%
Jan 20248$2,575$1,788 – $3,77534100.0%
Dec 20232 Not enough leases this month to report a median
Nov 20236$2,095$1,847 – $2,09522100.0%

13 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Caledonia-Fairbank

How much does a home cost in Caledonia-Fairbank?

Homes in Caledonia-Fairbank sold for a median of $900,938 over the 12 months to September 2026, across 72 closed sales — half sold for more and half for less. That is 9.0% lower than the 12 months before it.

How long does it take to sell a home in Caledonia-Fairbank?

A home in Caledonia-Fairbank took a median of 24 days on the market over the 12 months to September 2026. Homes there closed at 97.7% of the asking price on average, with 27.8% selling over asking.

How much is rent in Caledonia-Fairbank?

The median lease in Caledonia-Fairbank closed at $2,386 a month over the 12 months to September 2026, across 78 leases.

Is it cheaper to rent or buy in Caledonia-Fairbank?

A home in Caledonia-Fairbank costs about 31.5 years of the rent on one — the median price of $900,938 against a median rent of $2,386 a month, a gross yield of 3.18%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Caledonia-Fairbank on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.