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Listed 18 days ago

1205 - 56 Forest Manor Road

Henry Farm, Toronto

$520,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Luxurious Condo In Prime North York Fairview Mall Location! Bright and beautifully maintained 1 Bedroom + Den (custom walk-in closet) with 2 Full Bathrooms, offering a smart and functional layout with 1 Underground Parking and 1 Locker. The spacious open-concept living and dining area is filled with natural light and extends to a large private balcony with open city views. Modern kitchen features quality cabinetry, stone countertops, built-in appliances, and a breakfast island. Located in one of North York's most convenient communities, just steps to Don Mills Subway Station, Fairview Mall, FreshCo, T&T Supermarket, restaurants, parks, library, and community centre. Minutes to Highways 401 & 404, making commuting effortless. An excellent opportunity for first-time buyers, professionals, or investors seeking exceptional value in a prime location.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$466
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,768
mls© NumberC13580020
Listed ByBAY STREET GROUP INC.
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,662
Property tax
$231
Heat allowance
$150
Condo fees, half counted
$233
Housing costs
$3,275 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $104,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$104,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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