$407,000

For sale

#1901 5 Parkway Forest Drive, Toronto (Henry Farm) - Single Family for Sale

#1901 5 Parkway Forest Drive, Toronto (Henry Farm), Ontario, M2J1L2

3 beds2 baths1 parking1,100 ft²$878/mo condo feeListed 22 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $407,000, it is attractively priced about 23% below the $529,000 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 45 days.

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Description

Welcome to unit 1901 at York gardens. This sun filled exceptionally spacious 3 bedroom 2 bathroom unit sits in Toronto's prime Henry farm community. It features a bright open concept layout with convenient en suite laundry and open balcony offering panoramic unobstructed views of the city. York gardens offer unbeatable all inclusive value, with Bell five TV, high speed internet, utilities, and access to a pool, dual sauna, tennis courts & playground all included. This prime location is commuter friendly, just steps away from Don Mills station, easy access to Hwy 401 & 404 great shopping and parks. This unit is perfect for young families, downsizers, and investors. (id:66096)

Property Details

MLS®: C14034076
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Radiant heat, Other
Cooling: None
Garage: Garage, Underground
Condo Fee: $878/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $1,742/yr
Listed: 22 days ago

Rooms

Main level

Living room: 3.21 x 5.72 meters
Dining room: 2.47 x 2.61 meters
Kitchen: 2.28 x 3.4 meters
Laundry room: 2.69 x 2.45 meters
Bedroom: 4.06 x 3.8 meters
Bedroom 2: 3.43 x 2.64 meters
Bedroom 3: 4.03 x 2.43 meters
Bathroom: 1.47 x 2.24 meters
Bathroom: 1.24 x 1.52 meters

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

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$370

List price

$407K

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 22 days, which is 23 days fresher than the city average of 45. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · ANDREW SMYTH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $407,000, about 4.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $79,501 (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)

$407,000· $370/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,350

Min 5%50%

Mortgage payment$2,144/mo

↳ CMHC premium ($15,466 capitalized)

Property tax (est.)$145/mo

Condo fee$878/mo

Total monthly$3,167

Cash Needed to Close

Down payment (5%)$20,350

Land transfer tax$9,230

Est. closing costs$3,721

Total cash needed$33,301

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