38 Forest Manor Road Unit 1010, Toronto C15

Price: $499,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: C13806282

Prime North York Location at 404 & 401. Bright and spacious corner 2-bedroom, 2-bathroom suite. Features a functional open-concept layout with sun-filled living and dining areas, plus two full bathrooms including a master ensuite. Walk out to a private balcony offering unobstructed northwest views of the Toronto skyline. Unbeatable convenience, just a short walk to Don Mills Subway Station, TTC transit, and Fairview Mall, with parks, the public library, and local amenities only steps away. Quick access to Highways 401 and 404, with a FreshCo grocery store conveniently located on level P3 of the building.

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active
New Listing

$499,000 - 38 Forest Manor Road Unit 1010, Bayview Village

New Construction for Sale in Bayview Village

New — Listed 2 days ago

Neighbourhood: Henry Farm

2Beds
2Baths
700 - 1,099Sq Ft
New Construction

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Property Details
MLS Number
C13806282
Property Type
New Construction
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Prime North York Location at 404 & 401. Bright and spacious corner 2-bedroom, 2-bathroom suite. Features a functional open-concept layout with sun-filled living and dining areas, plus two full bathrooms including a master ensuite. Walk out to a private balcony offering unobstructed northwest views of the Toronto skyline. Unbeatable convenience, just a short walk to Don Mills Subway Station, TTC transit, and Fairview Mall, with parks, the public library, and local amenities only steps away. Quick access to Highways 401 and 404, with a FreshCo grocery store conveniently located on level P3 of the building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Henry Farm

Discover Henry Farm

Henry Farm 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 Henry Farm

  • 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

Henry Farm 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

38 Forest Manor Road Unit 1010, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,943

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 $713/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Efficient Living

At 700 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.

About Henry Farm

I know Henry Farm well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    38 Forest Manor Road Unit 1010 | $499,000 | Battaglia Team