$539,000

For sale

#2403 50 Forest Manor Road, Toronto (Henry Farm) - Single Family for Sale

#2403 50 Forest Manor Road, Toronto (Henry Farm), Ontario, M2J0E3

2 beds2 baths1 parking550 ft²$576/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Its $539,000 asking price sits right in line with the $529,000 median in Toronto. It has been on the market 9 days, fresher than the Toronto average of 45 days.

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Description

Stunning top-floor 1+1 suite with 2 baths in the prestigious Forest Manor community, featuring unobstructed sunset views and exceptional privacy with no neighbours above. This bright and spacious unit boasts modern décor, new vinyl flooring throughout, and floor-to-ceiling windows that fill the space with natural light. The contemporary kitchen features stainless steel appliances and a centre island, while the large private balcony offers the perfect spot to relax and enjoy breathtaking sunset views. The versatile den with sliding doors can be used as a second bedroom or a private home office. Enjoy outstanding building amenities, including 24-hour security, an indoor pool, party room, and underground visitor parking. Conveniently located close to Don Mills Subway Station, Fairview Mall, T&T Supermarket, FreshCo, community centres, and more. Easy access to Highways 401, 404, and the DVP makes commuting a breeze. A perfect blend of comfort, style, privacy, and convenience! (id:66096)

Property Details

MLS®: C14124654
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $576/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,639.55/yr
Listed: 9 days ago

Rooms

Flat

Living room: 3.05 x 2.89 meters
Dining room: 3.05 x 2.89 meters
Kitchen: 3.05 x 2.74 meters
Primary Bedroom: 3.28 x 2.8 meters
Den: 2.28 x 2.21 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, Microwave, Window Coverings
Flooring: Vinyl
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

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$981

List price

$539K

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 9 days, which is 36 days fresher than the city average of 45. Act while there is still low competition.

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Listed by AIMHOME REALTY INC. · LUCIA ZHAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $539,000, about 6.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$539,000· $981/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$220/mo

Condo fee$576/mo

Total monthly$3,624

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$14,510

Est. closing costs$4,117

Total cash needed$47,527

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