$375,000

For saleJust listed

#703 20 Forest Manor Road, Toronto (Henry Farm) - Single Family for Sale

#703 20 Forest Manor Road, Toronto (Henry Farm), Ontario, M2J1M2

2 beds1 bath1 parking950 ft²$919/mo condo feeListed 4 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $375,000, it is attractively priced about 29% below the $529,000 median asking price in Toronto. It has been on the market 4 days, fresher than the Toronto average of 45 days.

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Description

Beautiful, very spacious and bright 2 Bedroom Condo Unit In the Heart of North York's High Demanded Henry Farm Neighborhood area with a beautiful Layout and view with Walkout To Huge Balcony With A Stunning Unabstracted Park View , Updated Kitchen with Quartz Countertops and Backsplash and built-in Dishwasher. Perfect For a Family or Investors because of High Demand for Rental. All Utilities And Cable TV Included In Maintenance Fees. Convenient Location; Walking Distance To Don Mills Subway And Fairview Mall, 24 hours TTC Bus, 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 Much More. Building Amenities Include Exercise room, Sauna and Outdoor Pool.**EXTRAS** Maintenance Fee includes: Heat, Hydro, Water, Internet, and one parking space, and the right to use the Outdoor Pool, Sauna & Exercise room. (id:66096)

Property Details

MLS®: C14135578
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Pool: Yes
Condo Fee: $919/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,583.58/yr
Listed: 4 days ago

Rooms

Flat

Living room: 5.5 x 3.35 meters
Dining room: 3.4 x 3.1 meters
Kitchen: 3.42 x 2.33 meters
Primary Bedroom: 4.31 x 3.31 meters
Bedroom 2: 4.21 x 2.97 meters
Storage: 2.31 x 1.01 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, Sauna, Dishwasher, Stove, Blinds
Flooring: Laminate, Ceramic, Vinyl
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$395

List price

$375K

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 4 days, which is 41 days fresher than the city average of 45. Act while there is still low competition.

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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 $375,000, about 4.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $73,251 (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)

$375,000· $395/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$132/mo

Condo fee$919/mo

Total monthly$3,026

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$8,200

Est. closing costs$3,625

Total cash needed$30,575

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