45 Fernalroy Boulevard, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W14032276
About this home
In short
- Welcome to 45 Fernalroy Blvd, a spacious solid-brick bungalow on an extra-wide lot in the heart of family-friendly Norseman Heights.
- The main level includes a welcoming foyer with tile floors and a double coat closet, an L-shaped living and dining room with gleaming hardwood floors, crown moulding...
- Downstairs, the finished lower level with separate entry adds considerably more living space with a massive rec room designed for gathering, relaxing and...
- Set on an expansive lot with 66 foot frontage, the tranquil, oversized fenced backyard with treed views provides abundant space for outdoor dining, entertaining...
- Ideally situated on a quiet residential street near Lora Hill Park, Norseman Pool and Norseman Heights Park as well as highly-ranked schools including Norseman JMS...
Welcome to 45 Fernalroy Blvd, a spacious solid-brick bungalow on an extra-wide lot in the heart of family-friendly Norseman Heights. Exceptionally well maintained, with a practical layout and abundant natural light, this inviting home has plenty to appreciate today along with the flexibility to make it your own over time. The main level includes a welcoming foyer with tile floors and a double coat closet, an L-shaped living and dining room with gleaming hardwood floors, crown moulding and large windows overlooking the front and rear yards, a large eat-in kitchen with a comfortable breakfast area and potential to update and personalize to suit, three generously sized bedrooms with ample closet space, including two with hardwood floors, and a pristine mid-century 4-piece main bathroom. Downstairs, the finished lower level with separate entry adds considerably more living space with a massive rec room designed for gathering, relaxing and entertaining, a 3-piece bathroom, bar area, workshop, laundry room and additional storage space. Set on an expansive lot with 66 foot frontage, the tranquil, oversized fenced backyard with treed views provides abundant space for outdoor dining, entertaining, gardening and for children and pets to play, with room for a pool if desired. A single attached garage is complemented by a double private driveway, with parking for 3 cars. The property also lends itself to a range of options, from enjoying the existing home to renovating, expanding or exploring a future custom build. Ideally situated on a quiet residential street near Lora Hill Park, Norseman Pool and Norseman Heights Park as well as highly-ranked schools including Norseman JMS, Etobicoke CI, ESA, Holy Angels & Bishop Allen. Minutes from the shops and restaurants of Bloor Street and The Queensway, Costco, big-box stores, Sherway Gardens, Royal York Station, Mimico GO & the Gardiner. A wonderful combination of space, setting and convenience in a desirable Etobicoke neighbourhood.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W14032276
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 65.67 × 87.22 ft
- Cross streets
- Fernalroy Boulevard and Norseman Street
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,043 / 2025
- Days on market
- 5
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
closet · broadloom · overlooks frontyard
above grade window · broadloom
hardwood floor · crown moulding · overlooks frontyard
combined w/laundry · laundry sink · above grade window
broadloom · b/i shelves
above grade window · closet · panelled
double closet · hardwood floor · overlooks frontyard
dry bar · broadloom · above grade window
tile floor · closet · overlooks frontyard
hardwood floor · closet · b/i shelves
hardwood floor · crown moulding · overlooks backyard
eat-in kitchen · overlooks backyard · double sink
b/i shelves · concrete floor
Listed at $1,398,000. Going by how homes in Stonegate-Queensway and the wider GTA have actually closed against their asking prices (about 99%, 36 local closings in 90 days), the likely sale price is near $1.38M, if it sells. A realistic range is $1.29M to $1.55M.
Independent value check: $1.55M. Without looking at the asking price, our model values the home itself about 11% above the ask (homes like it typically land between $1.45M and $1.62M).
Why $1.55M. The typical detached home sold in Stonegate-Queensway over the past year went for about $1.53M (143 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.
Total price vs nearby homes. Likely closing about $1.38M, from 36 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 10 detached homes for sale in the area against 36 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,075/sqft against an area asking average of $1,236/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 36 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.46M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 36 comparable homes that sold in Stonegate-Queensway over the past two years, from 301 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.55M, which is where my estimate comes from.
Per square foot, these ask about $1,612/sqft; this home lists at $1,075/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Stonegate-Queensway: $1.69M in September 2026, up 22% from a year ago, on 153 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.55M | 12 |
| November 2025 | $1.27M | 8 |
| December 2025 | $1.23M | 5 |
| January 2026 | $1.49M | 8 |
| February 2026 | $1.10M | 11 |
| March 2026 | $1.63M | 12 |
| April 2026 | $1.66M | 19 |
| May 2026 | $1.54M | 19 |
| June 2026 | $1.46M | 23 |
| July 2026 | $1.27M | 8 |
| August 2026 | $2.45M | 5 |
| September 2026 | $1.69M | 23 |
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,118,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,184
- Property tax
- $587
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,771
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,435
- Toronto municipal land transfer tax
- $24,435
- Estimated closing costs
- $48,870
Plus your down payment of $279,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $371,030
- Principal paid down
- $136,648
- Interest paid
- $234,382
- Balance remaining
- $981,752
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 88 whole-home leases in Stonegate-Queensway signed at a median of $4,252 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,528. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.