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Listed 3 months ago

12 Lace Fernway Way W

Don Valley Village, Toronto

$850,000

Condo Townhouse |
3 | 2 | 2
About this home

Welcome to The Fernways, one of North York's most sought-after family-friendly communities! This beautifully updated townhouse offers the perfect blend of comfort, convenience, and modern upgrades. Located steps from top-rated junior, middle, and high schools, as well as Seneca College, this home is ideal for families, students, and professionals alike. Linus Park, Peanut Plaza, No Frills, restaurants, shopping, and everyday amenities are all nearby. Public transit is easily accessible with a nearby bus stop offering direct routes to Finch Station, along with quick access to Don Mills Subway Station and Highways 401 & 404 for seamless commuting across the city. This move-in-ready home has been extensively upgraded over the years. Brand-name Magic Windows were installed in 2022 and include a transferable warranty. The main living area was stylishly renovated in 2024, creating a bright and modern living space. A brand-new HVAC system with smart thermostat was installed in 2024 for enhanced comfort and energy efficiency, along with a new washer added the same year. The kitchen was upgraded in 2022 with custom pantry cabinets and drawers, providing excellent storage and functionality. The entire home has been freshly painted and enhanced with modern pot lights throughout, adding warmth and elegance to every room. The garage also features several upgrades, including a new garage door and opener installed in 2022, durable epoxy flooring, and additional storage shelving for improved organization. The condo corporation replaced the roof shingles in 2023, offering long-term durability and peace of mind. Plenty of visitor parking is conveniently located just outside the townhouse. Monthly maintenance fees include high-speed internet, cable TV, and water, making this property an exceptional value in a highly desirable North York neighbourhood. A rare opportunity to own a beautifully upgraded home in a prime location!

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$470
LockerNone
BalconyNone
ExposureWest
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,023
Lot Size x
mls© NumberC13112734
Listed ByRIGHT AT HOME REALTY

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%
$4,351
Property tax
$252
Heat allowance
$150
Condo fees, half counted
$235
Housing costs
$4,988 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $170,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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