$498,888

For sale

#1111 10 Parkway Forest Drive, Toronto (Henry Farm) - Single Family for Sale

#1111 10 Parkway Forest Drive, Toronto (Henry Farm), Ontario, M2J1L3

3 beds2 baths1 parking1,300 ft²$1,001/mo condo feeListed 29 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $498,888, it is attractively priced about 6% below the $529,000 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 45 days.

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Description

Client RemarksWelcome to 10 Parkway Forest Dr. This recently renovated spacious 3-bedroom condo located in the heart of North York. Perfectly positioned, this residence is just steps away from convenient transit options, the bustling Fairview Mall with access to subway, top-rated schools, and a variety of shops and amenities. Enjoy a lifestyle of leisure with access to a fully equipped workout room, sauna and outdoor pool. This condo also comes with the added benefits of parking, a secure locker, and inclusive cable and internet services. Minutes to 401, 404, DVP & Downtown Toronto. Don't miss the opportunity to make this exceptional property your new home. (id:66096)

Property Details

MLS®: C13874564
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: Garage, Underground
Condo Fee: $1,001/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,772.1/yr
Listed: 29 days ago

Rooms

Flat

Living room: 3.48 x 5.11 meters
Dining room: 2.49 x 3.91 meters
Kitchen: 2.29 x 3.33 meters
Primary Bedroom: 4.47 x 4.32 meters
Bedroom 2: 4.22 x 2.82 meters
Bedroom 3: 4.22 x 3.02 meters

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

Features

Appliances: Refrigerator, Stove, Hood Fan
Flooring: Laminate, Parquet
Exterior: Concrete
Lot Features: Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$384

List price

$499K

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) has been listed for 29 days, which is 16 days fresher than the city average of 45. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · ARTHUR SERCAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $498,888, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,450 (20% down, 25-yr amortization, stress-tested) — roughly 17% above 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)

$498,888· $384/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,944.40

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,958 capitalized)

Property tax (est.)$148/mo

Condo fee$1,001/mo

Total monthly$3,776

Cash Needed to Close

Down payment (5%)$24,944

Land transfer tax$12,906

Est. closing costs$3,997

Total cash needed$41,847

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