2A Fern Avenue, Toronto, ON

Weston, Toronto · MLS® W13032546

$2,899,000
For Sale
Listed 90 days ago
Request a showing
◎ Directions
700Sq Ft

About this home

Vacant residential lot located at 2A Fern Ave., Toronto comprising approx. 24,464 sq. ft.irregular parcel. Flat site. Garage structure present on site (condition and status to be verified by Buyer). Buyer to verify all information including zoning, permitted uses, lot dimensions, servicing, and development potential. Property sold "as is, where is" with no representations or warranties.

Key facts

Property type
Other, Other
MLS®
W13032546
Size
700 sq ft
Lot
.50-1.99 ac
Cross streets
Weston Rd and Church
Sewer
Sewer
Property tax
$3,469 / 2025
Days on market
90
Listing brokerage
NEW WORLD 2000 REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is H J Alexander Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Weston · asking prices
$847kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

218 William Street$1.20M233 Rosemount Avenue$1.15M28 Fern Avenue$450k807-10 Wilby Crescent$540k224 John Street$899k

The 5 closest of 8 active listings nearby.

See all comparable homes
2.90MThis home1.20M1.15M450k540k899kThis home vs active comparables
Live market pulseActive comparables in Weston · median list $750K
$4,141this home / sqft
53active listings nearby
90days on market
99sold nearby · 90 days
$895Kmedian sold price
99%of asking, on average

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Weston, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Islington-City Centre West
$647K
Mimico
$775K
Willowdale East
$662K
Church-Yonge Corridor
$699K
Waterfront Communities C8
$760K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near H J Alexander Community School
68%
H J Alexander Community SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 68% meet the provincial standard
St. John the EvangelistEQAO results not published

Affordability & Mortgage

Affordability
$13,213/mo
$510KIncome needed
5.7×Price ÷ income
$3,049Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

98%mortgage
Mortgage $13,213Property tax $289Total carry $13,502

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,376per month

Mortgage amount $2,319,200 · 4.14% over 25 years

$579,800Down payment (20.0%)
$2,319,200Loan before insurance
$0CMHC premium
$12,665Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,376
Property tax
$289
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,665

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$58,950
Toronto municipal land transfer tax
$58,950
Estimated closing costs
$117,900

Plus your down payment of $579,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,032/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,393,634Total interest paid
$3,712,834Total of all payments
Principal $2,319,200 Interest $1,393,634
YearPrincipalInterestBalance
1$54,331$94,182$2,264,869
2$56,603$91,910$2,208,266
3$58,971$89,542$2,149,295
4$61,438$87,076$2,087,857
5$64,008$84,506$2,023,849
6$66,685$81,828$1,957,164
7$69,474$79,039$1,887,690
8$72,380$76,133$1,815,310
9$75,408$73,106$1,739,902
10$78,562$69,951$1,661,340
11$81,848$66,665$1,579,492
12$85,272$63,242$1,494,220
13$88,839$59,675$1,405,382
14$92,554$55,959$1,312,827
15$96,426$52,087$1,216,401
16$100,459$48,054$1,115,942
17$104,661$43,852$1,011,281
18$109,039$39,474$902,242
19$113,600$34,913$788,642
20$118,352$30,162$670,290
21$123,302$25,211$546,987
22$128,460$20,054$418,528
23$133,833$14,680$284,694
24$139,431$9,082$145,263
25$145,263$3,250$0

At the end of your 5-year term

Total paid over the term
$742,567
Principal paid down
$295,351
Interest paid
$447,216
Balance remaining
$2,023,849

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
0.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

0.6%
Gross yield
− Property tax $3,469− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,617

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEW WORLD 2000 REALTY INC.. MLS®/PropTx.

CallRequest a showing