$786,000 - 12 Lace Fern Way, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Don Valley Village
- MLS Number
- C13652934
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to The Fernway, one of North York's most desirable family-friendly communities. This beautifully updated townhouse offers the perfect blend of comfort, style, and convenience in an unbeatable location. Situated just minutes from top-rated schools, Seneca College, Linus Park, Peanut Plaza, No Frills, restaurants, shopping, and everyday amenities, this home is ideal for families, professionals, and students. Commuting is easy with nearby TTC bus routes to Finch Station, quick access to Don Mills Subway Station, and convenient connections to Highways 401 and 404.This move-in-ready home has been thoughtfully upgraded throughout. Brand-name Magic Windows with a transferable warranty were installed in 2022. The main living area was renovated in 2024, creating a bright and modern space, while a new high-efficiency HVAC system with a smart thermostat and a new washer were also added in 2024.The kitchen was enhanced in 2022 with custom pantry cabinets and drawers, offering excellent storage and functionality. Fresh paint and modern pot lights throughout the home add a warm, contemporary touch. Additional upgrades include a new garage door and opener (2022), durable epoxy garage flooring, and built-in storage shelving. The condominium corporation replaced the roof shingles in 2023, providing added peace of mind. Convenient visitor parking is located just outside the townhouse, and the monthly maintenance fees include high-speed internet, cable TV, and water, making this home an exceptional value. Don't miss this opportunity to own a beautifully upgraded townhouse in one of North York's most sought-after communities, offering modern updates, everyday convenience, and an outstanding lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$4,032.59/mo
Includes CMHC insurance ($21,929)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Don Valley Village
Don Valley Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Don Valley Village
- •Convenient location in Hillcrest Village / Bayview Village
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Don Valley Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 Lace Fern Way, Hillcrest Village / Bayview Village
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $561/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Don Valley Village
I know Don Valley Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,275 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.