38 Forest Manor Road Unit 419, Toronto C15

Price: $579,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: New Construction

MLS#: C13722784

Welcome to The Point at Emerald City! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 830 sq ft of thoughtfully designed living space plus an impressive 163 sq ft private balcony. Enjoy 9' ceilings, floor-to-ceiling windows, an open-concept layout and a modern kitchen with contemporary finishes. The northwest exposure provides an abundance of natural light and an open outlook. Includes 1 underground parking space. Exceptional building amenities include 24-hour concierge, indoor pool, fitness centre, yoga studio, theatre/media room, party and meeting spaces, guest suites and outdoor terrace areas. Unbeatable location just steps to Don Mills TTC Subway, Fairview Mall, FreshCo, T&T, parks, schools and community amenities, with quick access to Hwy 401, 404 and the DVP. A fantastic opportunity to live in one of North York's most connected communities.

38 Forest Manor Road Unit 419 - New Construction photo 1 of 38 in Hillcrest Village / Bayview Village, Ontario
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$579,900 - 38 Forest Manor Road Unit 419, Bayview Village

New Construction for Sale in Bayview Village

40 days on market

Neighbourhood: Henry Farm

2Beds
2Baths
900Sq Ft
New Construction

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
C13722784
Property Type
New Construction
Status
active
Days on Site
40
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Taxes (2026)
$3,609
Maintenance Fees
$767/mo
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to The Point at Emerald City! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 830 sq ft of thoughtfully designed living space plus an impressive 163 sq ft private balcony. Enjoy 9' ceilings, floor-to-ceiling windows, an open-concept layout and a modern kitchen with contemporary finishes. The northwest exposure provides an abundance of natural light and an open outlook. Includes 1 underground parking space. Exceptional building amenities include 24-hour concierge, indoor pool, fitness centre, yoga studio, theatre/media room, party and meeting spaces, guest suites and outdoor terrace areas. Unbeatable location just steps to Don Mills TTC Subway, Fairview Mall, FreshCo, T&T, parks, schools and community amenities, with quick access to Hwy 401, 404 and the DVP. A fantastic opportunity to live in one of North York's most connected communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

$
$
5%10%50%

5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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 419, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$767
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,101

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 $644/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.

Market Position

At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 900 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.

Investment Perspective

Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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 419 | $579,900 | Battaglia Team