187 Fern Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $2,499,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 23.33 x 116.62 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Suite
- Efficient forced air heating via gas
Description
Welcome to 187 Fern Ave, located in the trendy Roncesvalles neighbourhood in Toronto. Only a 10 minute walk to High Park, steps from the local school and all amenities. An amazing investment opportunity - this multi-residential property (5 suites) includes 4 separate units PLUS a detached studio laneway suite. Newly renovated throughout - each unit has its own laundry (washer & dryer combo) and a full kitchen. Updates include; New furnace New roof, skylights, fascia, soffits & eaves, New flat roof & skylight on the laneway suite, In-suite laundry in each unit (high-end combination washer/dryer) New exterior siding, New fence surrounding the backyard, Freshly painted throughout, 100 amp panel (in each unit).
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Public Transit, Park, Hospital, Place Of Worship, School, Library
Interior Features
Accessory Apartment, Guest Accommodations, In-Law Suite
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 187 Fern Avenue, Toronto W01, ON M6R 1K2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,499,999 in Toronto, the legal minimum down payment is $500,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,975 also applies, bringing the total estimated land transfer taxes to $97,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
