60 Fernalroy Boulevard, Toronto W07

Price: $1,799,900

5 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13814272

Opportunity knocks in sought-after Norseman Heights! This 4 bedroom home has been exensively remodeled to add an oversized garage and workshop, plus a showstopping circular family room with a walk out to a deck. The main floor living room has built-in shelving and a gas fireplace, while the expansive, light-filled family room adds exceptional space for everyday living and entertaining, and boasts a second gas fireplace. More recent renovations include the kitchen and the two updated bathrooms. For the work from home professional, the original garage was thoughtfully converted into a main-floor office with direct driveway access-perfect for welcoming clients without taking them through your house. This home is packed with character, flexibility and possibility. An ideal fit for a growing family, with restaurants, shopping and transit close at hand and convenient access to major highways. Islington Subway Station is approximately a 20-minute walk away, while Royal York Station is about a 10-minute bus ride.Families will love the outstanding selection of nearby schools. TDSB options include Norseman JMS, ECI and ESA (by application; information night 10/27). TCDSB options include Holy Angels and St. Louis, offering French immersion, with the future new home of Bishop Allen Academy just around the corner.

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active
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$1,799,900 - 60 Fernalroy Boulevard, Corso Italia

Detached for Sale in Corso Italia

Neighbourhood: Stonegate-Queensway

5Beds
2Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13814272
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Taxes (2026)
$7,119
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Opportunity knocks in sought-after Norseman Heights! This 4 bedroom home has been exensively remodeled to add an oversized garage and workshop, plus a showstopping circular family room with a walk out to a deck. The main floor living room has built-in shelving and a gas fireplace, while the expansive, light-filled family room adds exceptional space for everyday living and entertaining, and boasts a second gas fireplace. More recent renovations include the kitchen and the two updated bathrooms. For the work from home professional, the original garage was thoughtfully converted into a main-floor office with direct driveway access-perfect for welcoming clients without taking them through your house. This home is packed with character, flexibility and possibility. An ideal fit for a growing family, with restaurants, shopping and transit close at hand and convenient access to major highways. Islington Subway Station is approximately a 20-minute walk away, while Royal York Station is about a 10-minute bus ride.Families will love the outstanding selection of nearby schools. TDSB options include Norseman JMS, ECI and ESA (by application; information night 10/27). TCDSB options include Holy Angels and St. Louis, offering French immersion, with the future new home of Bishop Allen Academy just around the corner.

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Estimate your monthly payments for this property

Estimated Payment

$7,961.56/mo

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5-yr fixed avg.

Principal: $1,439,920Interest: $948,549
Mortgage Amount$1,439,920
Total Interest$948,549
Est. Property Tax$1,275/mo
Total Cost$2,388,469

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

60 Fernalroy Boulevard, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$2,050

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 $900/sqft, this property is priced in line with current Corso Italia 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.

Market Position

At 15 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.

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.

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 Corso Italia.

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 $7,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    60 Fernalroy Boulevard | $1,799,900 | Battaglia Team