40 Fernwood Park Avenue, Toronto E02

Price: $1,479,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: E13786220

True Beach living on one of the neighbourhood's most peaceful, tree-lined streets. Tucked away from through traffic yet just steps from the lake, boardwalk, waterfront bike path and Balmy Beach Club, this exceptional three-storey home offers a rare combination of luxury, space and location.The open-concept main floor is designed for effortless entertaining, with heated floors, a convenient powder room and a folding glass wall with a retractable screen that creates a seamless connection to the outdoors. The chef's kitchen is equipped with a premium collection of Sub-Zero, Miele and Bosch appliances.Three bedrooms and a family bathroom occupy the second floor, while the entire third level is devoted to a private owner's retreat. This impressive suite features a gas fireplace, walkout to a rooftop terrace with seasonal CN Tower views, and a spa-inspired ensuite complete with a steam shower, heated towel rack and freestanding tub. Heated floors extend throughout all three above-grade levels.The finished lower level offers exceptional flexibility, with a separate entrance, kitchen, bathroom and oversized windows-ideal for an in-law suite, guests, a nanny or additional living space.A remarkable home in a heavily treed, tucked-away setting at the foot of Fernwood Park Avenue, where the boardwalk, beach and lake become part of everyday life.

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active
New Listing
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$1,479,000 - 40 Fernwood Park Avenue, The Beaches

Semi-Detached for Sale in The Beaches

New — Listed yesterday

Neighbourhood: The Beaches

5Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached

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Property Details
MLS Number
E13786220
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

True Beach living on one of the neighbourhood's most peaceful, tree-lined streets. Tucked away from through traffic yet just steps from the lake, boardwalk, waterfront bike path and Balmy Beach Club, this exceptional three-storey home offers a rare combination of luxury, space and location.The open-concept main floor is designed for effortless entertaining, with heated floors, a convenient powder room and a folding glass wall with a retractable screen that creates a seamless connection to the outdoors. The chef's kitchen is equipped with a premium collection of Sub-Zero, Miele and Bosch appliances.Three bedrooms and a family bathroom occupy the second floor, while the entire third level is devoted to a private owner's retreat. This impressive suite features a gas fireplace, walkout to a rooftop terrace with seasonal CN Tower views, and a spa-inspired ensuite complete with a steam shower, heated towel rack and freestanding tub. Heated floors extend throughout all three above-grade levels.The finished lower level offers exceptional flexibility, with a separate entrance, kitchen, bathroom and oversized windows-ideal for an in-law suite, guests, a nanny or additional living space.A remarkable home in a heavily treed, tucked-away setting at the foot of Fernwood Park Avenue, where the boardwalk, beach and lake become part of everyday life.

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Estimated Payment

$6,542.12/mo

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5-yr fixed avg.

Principal: $1,183,200Interest: $779,435
Mortgage Amount$1,183,200
Total Interest$779,435
Est. Property Tax$1,048/mo
Total Cost$1,962,635

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.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches 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 The Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

The Beaches 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.

70
Walk Score
Varies
Price Range

40 Fernwood Park Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,048
Insurance (est.)-$308
Net Cash Flow+$2,244

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $986/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About The Beaches

I know The Beaches 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.

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    40 Fernwood Park Avenue | $1,479,000 | Battaglia Team