$368,900

$388,900For salePrice drop↓ $20,000 (5%)

#1109 5 Parkway Forest Drive, Toronto (Henry Farm) - Single Family for Sale

#1109 5 Parkway Forest Drive, Toronto (Henry Farm), Ontario, M2J1L2

3 beds1 bath1 parking1,100 ft²$807/mo condo feeListed 47 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $368,900, it is attractively priced about 30% below the $529,000 median asking price in Toronto.

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Description

Welcome to this Well Maintained, Spacious and Sun-Filled unit at 5 Parkway Forest Drive, An Excellent Opportunity to Update or Renovate this 1,000sf plus Unit with 2 Large Bedroom + Sunroom to your Own Taste. Residents Enjoy Exclusive Amenities like Outdoor Pool, Dual Saunas, Tennis Court, and Playground. Situated in a Renovated Building with a Good Management Team that offers Peace of Mind and Convenience. Within a 10-minute walk to Forest Manor Public School, Shaughnessy Public School, plus other Catholic and High Schools. Located Just Minutes from Don Mills Station, Fairview Mall, Major Highways (401/404/DVP), TTC Express Routes, GO Station, and Much More... (id:66096)

Property Details

MLS®: C13804790
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: Other, See Remarks, N/A
Heating: Baseboard heaters, Electric
Garage: Garage, Underground
Pool: Yes
Condo Fee: $807/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,526.95/yr
Listed: 47 days ago

Rooms

Main level

Living room: 6 x 3.2 meters
Dining room: 3.35 x 2.4 meters
Primary Bedroom: 3.95 x 3.15 meters
Bedroom 2: 3.8 x 2.5 meters
Primary Bedroom: 3.99 x 3.2 meters
Bedroom 2: 3.84 x 2.52 meters
Laundry room: 2.75 x 2.4 meters
Sunroom: 2.7 x 2.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Furniture
Flooring: Tile, Carpeted
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$336

List price

$369K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Henry Farm) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX CROSSROADS REALTY INC. · JANNIE LAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $368,900, about 4.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $72,059 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$368,900· $336/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,445

Min 5%50%

Mortgage payment$1,943/mo

↳ CMHC premium ($14,018 capitalized)

Property tax (est.)$127/mo

Condo fee$807/mo

Total monthly$2,877

Cash Needed to Close

Down payment (5%)$18,445

Land transfer tax$8,017

Est. closing costs$3,607

Total cash needed$30,069

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