$519,000

For sale

#1606 62 Forest Manor Road, Toronto (Henry Farm) - Single Family for Sale

#1606 62 Forest Manor Road, Toronto (Henry Farm), Ontario, M2J0B6

2 beds1 bath1 parking650 ft²$623/mo condo feeListed 13 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $519,000 asking price sits right in line with the $529,000 median in Toronto. It has been on the market 13 days, fresher than the Toronto average of 45 days.

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Description

Welcome to Suite 1606 at 62 Forest Manor Rd, where upscale condo living meets unbeatable convenience in the heart of North York's most desirable community. This bright and spacious 1+Den suite features 9' ceilings, floor-to-ceiling windows, and a rare south exposure with breathtaking views of the CN Tower and skyline, offering warmth and light all day long. Upgraded laminate flooring (no carpet), granite countertops, and stainless steel appliances. The functional layout includes a good-sized Primary Bedroom, a large Den / Office that easily serves as a 2nd bedroom or home office, plus a large balcony. Very well-kept unit & move in ready! Enjoy true luxury living with direct underground access to Don Mills TTC Station and Fairview Mall-shop, dine, or commute without ever stepping outside! Includes parking and locker. Residents enjoy premier resort-style amenities including an indoor pool, whirlpool, gym, yoga studio, theatre, party room, 24/7 concierge, and visitor parking. Located near schools, parks, library, and minutes to Hwy 401, 404 & DVP. An exceptional opportunity for lifestyle and long-term value! (id:66096)

Property Details

MLS®: C14112866
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $623/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,585.83/yr
Listed: 13 days ago

Rooms

Flat

Living room: 5.04 x 3.14 meters
Dining room: 5.04 x 3.14 meters
Kitchen: 2.7 x 3.42 meters
Primary Bedroom: 4.1 x 2.81 meters
Office: 2.61 x 2.44 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$799

List price

$519K

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 2-bed single family in Toronto (Henry Farm) has been listed for 13 days, which is 32 days fresher than the city average of 45. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · JANICE ZHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $519,000, about 6.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$519,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$215/mo

Condo fee$623/mo

Total monthly$3,566

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

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