$549,000

For sale

#1607 70 Forest Manor Road, Toronto (Henry Farm) - Single Family for Sale

#1607 70 Forest Manor Road, Toronto (Henry Farm), Ontario, M2J0A9

1 bed1 bath1 parking750 ft²$678/mo condo feeListed 15 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $549,000 asking price sits right in line with the $529,000 median in Toronto. It has been on the market 15 days, fresher than the Toronto average of 45 days.

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Description

Welcome to Emerald City, where contemporary elegance meets exceptional convenience. This beautifully appointed 1-bedroom plus den suite offers approximately 736 sq. ft. of thoughtfully designed living space, complemented by a spacious private balcony showcasing unobstructed west-facing views of the Toronto skyline and spectacular sunsets. The bright, open-concept layout features soaring 9-foot ceilings, a modern kitchen with granite countertops and stainless steel appliances, and stylish finishes that create a sophisticated yet inviting atmosphere. The generously sized den offers excellent versatility as a home office, guest space or potential second bedroom. Adding to the appeal is an oversized parking space and a private locker, both conveniently located just steps from the elevator. Residents enjoy an impressive collection of amenities, including an indoor pool, hot tub, fully equipped fitness centre, rooftop terrace, party rooms and children's play area. Perfectly positioned just steps from Don Mills subway station and Fairview Mall, with restaurants, shopping, entertainment, parks and schools nearby. Easy access to Highways 401 and 404 makes commuting effortless. Enjoy downtown Toronto at your fingertips, while coming home to a neighbourhood that offers a welcome escape from the pace of the city. An exceptional opportunity to experience elevated condominium living in one of North York's most connected communities. (id:66096)

Property Details

MLS®: C14105654
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $678/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,915.78/yr
Listed: 15 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Foundation: Concrete
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$732

List price

$549K

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 1-bed single family in Toronto (Henry Farm) has been listed for 15 days, which is 30 days fresher than the city average of 45. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · STEFANO COLACITTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $549,000, about 6.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$549,000· $732/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$243/mo

Condo fee$678/mo

Total monthly$3,799

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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