Sold on Dec 02, 2024
Note: Property is not currently for sale or for rent.
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Type: Duplex
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Style: 2-Storey
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Lot Size: 35 x 101.5 Feet
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Age: No Data
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Taxes: $12,138 per year
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Days on Site: 33 Days
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Added: Oct 29, 2024 (1 month on market)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: E9770154
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Listed By: Sotheby`s international realty canada
Welcome to a remarkable investment opportunity in the Beach(es), tucked away on perfectly charming Fernwood Park Avenue south of Queen St and mere steps from the boardwalk, beach, Balmy Beach Club and the vast vistas of Lake Ontario. 32 & 34 Fernwood are available for the first time in well over 50 years and currently consists of two semi-detached duplexes with a total of four 2 bedroom suites. There are a host of options for its next owners: keep the two semi-detached duplexes in their current configuration, redevelop on the 35-foot-wide lot for a potential single-family or multi-plex build ~or~ take the last step in severing the lot (minor variances have already been approved by the city and a provisional severance has been granted) to sell separately in time and/or potentially build two new semi's. The choice is yours. Opportunities like this are rare, and the location is truly superb just up from the lake and also a short walk to the TTC, great schools and the many shops and amenities of Queen St.
Extras
Floor plans, land survey, home inspection, financials, minor variance approvals and provisional severance available on request.
Status
Days on Market: 33
Last Status: Sold
Sold Date: Dec 02, 2024
Closed Date: Feb 12, 2025
Expiry Date: Feb 28, 2025
Sold Price: $2,100,000
Unavailable Date: Dec 03, 2024
Input Date: Oct 30, 2024
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Duplex
Style: 2-Storey
Area: Toronto
Community: The Beaches
Availability Date: TBA
Inside
Bedrooms: 8
Bathrooms: 4
Kitchens: 4
Rooms: 18
Den/Family Room: No
Air Conditioning: None
Fireplace: Yes
Laundry Level: Lower
Washrooms: 4
Building
Basement: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Mutual
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: See Schedule B1 for Full Description
Taxes: $12,138
Land
Cross Street: Queen & Balsam
Municipality District: Toronto E02
Fronting On: West
Pool: None
Sewer: Sewers
Lot Depth: 101.5 Feet
Lot Frontage: 35 Feet
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
St Denis Catholic School
Elementary: CatholicBalmy Beach Community School
Elementary: PublicSt John Catholic School
Elementary: CatholicGlen Ames Senior Public School
Elementary: PublicAdam Beck Junior Public School
Elementary: PublicWilliamson Road Junior Public School
Elementary: PublicNotre Dame Catholic High School
Secondary: CatholicSt Patrick Catholic Secondary School
Secondary: CatholicMonarch Park Collegiate Institute
Secondary: PublicNeil McNeil High School
Secondary: CatholicBirchmount Park Collegiate Institute
Secondary: PublicMalvern Collegiate Institute
Secondary: Public