45 Fernalroy Boulevard, Toronto W07

Price: $1,468,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13792232

Welcome to 45 Fernalroy Blvd, a spacious solid-brick bungalow on an extra-wide lot in the heart of family-friendly Norseman Heights. Exceptionally well maintained, with a practical layout and abundant natural light, this inviting home has plenty to appreciate today along with the flexibility to make it your own over time. The main level includes a welcoming foyer with tile floors and a double coat closet, an L-shaped living and dining room with gleaming hardwood floors, crown moulding and large windows overlooking the front and rear yards, a large eat-in kitchen with a comfortable breakfast area and potential to update and personalize to suit, three generously sized bedrooms with ample closet space, including two with hardwood floors, and a pristine mid-century 4-piece main bathroom. Downstairs, the finished lower level with separate entry adds considerably more living space with a massive rec room designed for gathering, relaxing and entertaining, a 3-piece bathroom, bar area, workshop, laundry room and additional storage space. Set on an expansive lot with 66 foot frontage, the tranquil, oversized fenced backyard with treed views provides abundant space for outdoor dining, entertaining, gardening and for children and pets to play, with room for a pool if desired. A single attached garage is complemented by a double private driveway, with parking for 3 cars. The property also lends itself to a range of options, from enjoying the existing home to renovating, expanding or exploring a future custom build. Ideally situated on a quiet residential street near Lora Hill Park, Norseman Pool and Norseman Heights Park as well as highly-ranked schools including Norseman JMS, Etobicoke CI, ESA, Holy Angels & Bishop Allen. Minutes from the shops and restaurants of Bloor Street and The Queensway, Costco, big-box stores, Sherway Gardens, Royal York Station, Mimico GO & the Gardiner. A wonderful combination of space, setting and convenience in a desirable Etobicoke neighbourhood.

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active
New Listing

$1,468,000 - 45 Fernalroy Boulevard, Corso Italia

Detached for Sale in Corso Italia

New — Listed 5 days ago

Neighbourhood: Stonegate-Queensway

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13792232
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Welcome to 45 Fernalroy Blvd, a spacious solid-brick bungalow on an extra-wide lot in the heart of family-friendly Norseman Heights. Exceptionally well maintained, with a practical layout and abundant natural light, this inviting home has plenty to appreciate today along with the flexibility to make it your own over time. The main level includes a welcoming foyer with tile floors and a double coat closet, an L-shaped living and dining room with gleaming hardwood floors, crown moulding and large windows overlooking the front and rear yards, a large eat-in kitchen with a comfortable breakfast area and potential to update and personalize to suit, three generously sized bedrooms with ample closet space, including two with hardwood floors, and a pristine mid-century 4-piece main bathroom. Downstairs, the finished lower level with separate entry adds considerably more living space with a massive rec room designed for gathering, relaxing and entertaining, a 3-piece bathroom, bar area, workshop, laundry room and additional storage space. Set on an expansive lot with 66 foot frontage, the tranquil, oversized fenced backyard with treed views provides abundant space for outdoor dining, entertaining, gardening and for children and pets to play, with room for a pool if desired. A single attached garage is complemented by a double private driveway, with parking for 3 cars. The property also lends itself to a range of options, from enjoying the existing home to renovating, expanding or exploring a future custom build. Ideally situated on a quiet residential street near Lora Hill Park, Norseman Pool and Norseman Heights Park as well as highly-ranked schools including Norseman JMS, Etobicoke CI, ESA, Holy Angels & Bishop Allen. Minutes from the shops and restaurants of Bloor Street and The Queensway, Costco, big-box stores, Sherway Gardens, Royal York Station, Mimico GO & the Gardiner. A wonderful combination of space, setting and convenience in a desirable Etobicoke neighbourhood.

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Estimated Payment

$6,493.46/mo

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5-yr fixed avg.

Principal: $1,174,400Interest: $773,638
Mortgage Amount$1,174,400
Total Interest$773,638
Est. Property Tax$1,040/mo
Total Cost$1,948,038

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: Stonegate-Queensway

Discover Stonegate-Queensway

Stonegate-Queensway 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 Stonegate-Queensway

  • Convenient location in Corso Italia / Dufferin Grove
  • 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

Stonegate-Queensway 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

45 Fernalroy Boulevard, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,040
Insurance (est.)-$306
Net Cash Flow+$1,454

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

Premium Pricing

At $1335/sqft, this property is priced above the Corso Italia average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia'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 Corso Italia 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.

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 Stonegate-Queensway

I know Stonegate-Queensway 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: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    45 Fernalroy Boulevard | $1,468,000 | Battaglia Team