20 Forest Manor Road Unit 506, Toronto C15

Price: $375,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: C12712518

Welcome to 20 Forest Manor Rd, Unit 506 a bright and thoughtfully designed 1-bedroom, 1-bathroom condo suite offering 860 square feet of comfortable living space plus a spacious 94 sq ft balcony. The inviting layout features a beautifully functional kitchen with stainless steel appliances, ample cupboard space including a clever Lazy Susan corner cabinet, laminate flooring, and a breakfast bar overlooking the open-concept living room. A cozy dining area with a large window adds charm, while the light-filled living space is perfect for both relaxation and entertaining. The bedroom boasts a double door closet, and the 3-piece bath includes a convenient walk-in shower and tiled flooring. Laminate flooring throughout the main living areas provides a modern touch. The foyer and main hallway features a closet, generous storage closet, and linen closet just off of the bathroom. One owned surface level parking space. The building is well-equipped with secure fob entry and elevators. Great amenities include a party/meeting room, exercise room, sauna, laundry room with card-operated machines and visitor parking - everything you need for comfort and convenience. Located in the sought-after Henry Farm neighbourhood, this home offers exceptional access to everyday essentials and entertainment. Fairview Mall, complete with shops, dining, a library, and a movie theatre, is just steps away. Commuting is a breeze with Don Mills subway station nearby, connecting you to downtown Toronto via the Sheppard line, and proximity to Highways 404 and 401. Excellent schools and transit options at your doorstep. This warm and welcoming residence combines functionality, comfort, and location, making it an ideal place to call home. Don't miss this wonderful opportunity - book your private showing today!

20 Forest Manor Road Unit 506 - Condo photo 1 of 24 in Hillcrest Village / Bayview Village, Ontario
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$375,000 - 20 Forest Manor Road Unit 506, Bayview Village

Condo for Sale in Bayview Village

160 days on market
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
C12712518
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Description

Welcome to 20 Forest Manor Rd, Unit 506 a bright and thoughtfully designed 1-bedroom, 1-bathroom condo suite offering 860 square feet of comfortable living space plus a spacious 94 sq ft balcony. The inviting layout features a beautifully functional kitchen with stainless steel appliances, ample cupboard space including a clever Lazy Susan corner cabinet, laminate flooring, and a breakfast bar overlooking the open-concept living room. A cozy dining area with a large window adds charm, while the light-filled living space is perfect for both relaxation and entertaining. The bedroom boasts a double door closet, and the 3-piece bath includes a convenient walk-in shower and tiled flooring. Laminate flooring throughout the main living areas provides a modern touch. The foyer and main hallway features a closet, generous storage closet, and linen closet just off of the bathroom. One owned surface level parking space. The building is well-equipped with secure fob entry and elevators. Great amenities include a party/meeting room, exercise room, sauna, laundry room with card-operated machines and visitor parking - everything you need for comfort and convenience. Located in the sought-after Henry Farm neighbourhood, this home offers exceptional access to everyday essentials and entertainment. Fairview Mall, complete with shops, dining, a library, and a movie theatre, is just steps away. Commuting is a breeze with Don Mills subway station nearby, connecting you to downtown Toronto via the Sheppard line, and proximity to Highways 404 and 401. Excellent schools and transit options at your doorstep. This warm and welcoming residence combines functionality, comfort, and location, making it an ideal place to call home. Don't miss this wonderful opportunity - book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,923.94/mo

Includes CMHC insurance ($10,463)

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5-yr fixed avg.

Principal: $337,500Interest: $229,221
Mortgage Amount$347,963
Total Interest$229,221
Est. Property Tax$266/mo
Total Cost$577,183

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

20 Forest Manor Road Unit 506, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$936

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $469/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Bayview Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    20 Forest Manor Road Unit 506 | $375,000 | Battaglia Team