$479,800

For sale

#1609 5 Parkway Forest Drive, Toronto (Henry Farm) - Single Family for Sale

#1609 5 Parkway Forest Drive, Toronto (Henry Farm), Ontario, M2J1L2

3 beds1 bath1 parking850 ft²$807/mo condo feeListed 70 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $479,800, it is attractively priced about 9% below the $529,000 median asking price in Toronto.

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Description

Fully Renovated Like A Brand New Condo- Spacious 2 Bedroom Condo -Open Concept Kitchen- Updated Cabinets With Beautiful Quartz Counter Top, Double S/S Sink, High Efficiency S/S Chimney/Rangehood, Modern Back Splash - High Quality Granite Floors In Foyer & Kitchen & Washroom - Best Quality 12.3Mm Laminate Floors Throughout With Baseboard And Quarter Round - Updated Washroom - Updated Light Fixtures , Switches And Receptacle . Wall AC unit For Hot Summer days. In the Heart of North York's Henry Farm Neighborhood with a beautiful East view. Fantastic Layout with Walkout To a Huge Enclosed Balcony/Den With Walk out to an open area balcony, A Stunning Panoramic Sunny View , Updated Kitchen with Stainless Steele Appliances and extra Cupboards/Pantry .Crown Mouldings, Gleaming updated wood floors, ensuite Laundry +Storage area with built-in Cabinets. Perfect For a Family or Investors because of High Demand for Rental. Utilities Included In Maintenance Fees. Convenient Location, Walking Distance To Don Mills Subway And Fairview Mall,24 hours TTC, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails Hwy 401, 404 And 407. Close To Schools, Library, Parkway Forest Park, Community Centre And More. Building Amenities Include Tennis Court, Party Room, and Outdoor Pool . (id:66096)

Property Details

MLS®: C13721710
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Wall unit
Garage: Garage, Underground
Pool: Yes
Condo Fee: $807/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,526.95/yr
Listed: 70 days ago

Rooms

Flat

Living room: 6 x 3.2 meters
Dining room: 6389 x 5377 meters
Kitchen: 3.38 x 2.3 meters
Primary Bedroom: 4.01 x 3.2 meters
Bedroom 2: 3.84 x 2.5 meters
Den: 2.66 x 2.5 meters
Laundry room: 2.75 x 2.4 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, Dishwasher, Stove, Dryer, Hood Fan, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$565

List price

$480K

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 HALLMARK REALTY LTD. · KHALED ADAM SARWAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $479,800, about 5.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $93,722 (20% down, 25-yr amortization, stress-tested) — roughly 13% 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)

$479,800· $565/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,990

Min 5%50%

Mortgage payment$2,527/mo

↳ CMHC premium ($18,232 capitalized)

Property tax (est.)$127/mo

Condo fee$807/mo

Total monthly$3,461

Cash Needed to Close

Down payment (5%)$23,990

Land transfer tax$12,142

Est. closing costs$3,939

Total cash needed$40,071

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