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$850K · 3 bed Condo Townhouse · Don Valley Village, Toronto | MyPropertyScout

$850,000

12 Lace Fernway Way

50 DOM

3250d

Map

DOM 50

$850,000

F●●○○○DOM50days

12 Lace Fernway Way

Toronto · Ontario M2J 4L9

MLS® C13112734 · Don Valley Village · M2J 4L9

32Vacant1400-1599 ft²Condo Townhouse1-car Attached50d$567/ft²$3,023 tax/yr

17% above market · regional est. · 50 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

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 ne…

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Property details

MLS#: C13112734
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 1400-1599
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Condo corp #: 151
Balcony: None
Locker: None
Fees include: Water Included, Cable TV Included, Common Elements Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Aluminum Siding
Fronting on: —
Cross street: Finch Ave E And Don Mills Rd
Basement: Finished
Stories: 1
Utilities: —
Laundry: Other, Outside
Interior: Other
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	10.17m × 14.76m
Main	Dining Room	7.87m × 8.86m
Main	Kitchen	7.87m × 8.53m
Second	Primary Bedroom	8.53m × 17.06m
Second	Bedroom 2	8.2m × 11.15m
Second	Bedroom 3	8.53m × 10.17m
Basement	Recreation	15.75m × 16.08m
Basement	Laundry	3.94m × 6.56m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RIGHT AT HOME REALTY

Source: TRREB/PROPTX · MLS® C13112734

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$850K

12 Lace Fernway Way · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $850,000✓ $3,023 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,666/mo

incl. closing costs (yr 1)

Annual total

$79,994

year 1

Mortgage only

$3,225/mo

principal + interest

Beyond mortgage

$1,860/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$170,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$252/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,500 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$39/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$13,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $38,696/yr

Property taxes21% $16,498/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance11% $8,500/yr

Condo fees7% $5,640/yr

Closing costs6% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$38,696	$3,225/mo
Government & taxes
Property tax	$3,023	$252/mo
Land transfer tax(closing)	$13,475	$1,123/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,500	$708/mo
Condo fees
Condo / HOA fees	$5,640	$470/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$79,994	$6,666/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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12 Lace Fernway Way

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs