$499,000

$530,000For salePrice drop↓ $31,000 (6%)

#311 70 Forest Manor Road, Toronto (Henry Farm) - Single Family for Sale

#311 70 Forest Manor Road, Toronto (Henry Farm), Ontario, M2J0A9

2 beds1 bath1 parking650 ft²$608/mo condo feeListed 91 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 6% below the $529,000 median asking price in Toronto.

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Description

Welcome to this bright and beautifully updated condominium in Toronto's highly desirable Henry Farm community! Offering approximately 695 sq. ft. of thoughtfully designed living space, this spacious 1 Bedroom + Large Den, 1 Bathroom suite features an abundance of natural light with two-sided sun exposure, creating a warm and inviting atmosphere throughout. The generous den is ideal as a home office, guest room, or second bedroom. Freshly painted and enhanced with brand new flooring, a new stove, and a new microwave, this move-in ready suite combines modern updates with everyday comfort. Residents enjoy the luxury and convenience of a well-maintained building featuring direct underground access to Fairview Mall and the TTC Subway Station, making shopping, dining, commuting, and entertainment effortless. Ideally located just minutes all essential amenities (id:66096)

Property Details

MLS®: C13649644
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, Covered
Condo Fee: $608/mo
Fee Includes: Common Area Maintenance, Heat
Ownership: Condo/Strata
Property Tax: $3,069/yr
Listed: 91 days ago

Rooms

Flat

Living room: 4.6 x 3.26 meters
Dining room: 4.6 x 3.26 meters
Kitchen: 2.5 x 2.13 meters
Primary Bedroom: 3.44 x 2.74 meters
Den: 2.65 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, Dishwasher, Stove, Dryer, Microwave, Oven - Built-In, 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

91d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$768

List price

$499K

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) 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 iCloud Realty Ltd. · KRISHNA CHIMATA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2J)

This home lists at $499,000, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$499,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$256/mo

Condo fee$608/mo

Total monthly$3,492

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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