5 Parkway Forest Drive Unit 1210, Toronto C15

Price: $499,000

4 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13708462

ALL utilities (hydro, heat, water, AC), plus Bell Fibe 1.5 Gbps Internet, and a free CRAVE subscriptionIt's Ready Foryour Enjoyment,Over $80K Spent..Fully Renovated(2016)Bright And Specials: Gorgeous Custom Kitchen Features Solid Hdwd Cabinets,Granite Counter-Top,S/S Appliances,Ceramic Backsplash&Pot Lights.Crystal Chandeliers,Engineering Hdwd Floor Throughout(Lauzon Zero Voc), Freshly Painted( Natura Benjamin Moore),New Doors & Windows, Modern Window Coverings, Fully Renovated Bathroom..Great Location, lose To Transit And All Amenities.

5 Parkway Forest Drive Unit 1210 - Condo photo 1 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 2 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 3 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 4 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 5 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 6 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 7 of 8 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 1210 - Condo photo 8 of 8 in Hillcrest Village / Bayview Village, Ontario
active
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$499,000 - 5 Parkway Forest Drive Unit 1210, Bayview Village

Condo for Sale in Bayview Village

41 days on market

Neighbourhood: Henry Farm

4Beds
1Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
C13708462
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Taxes (2026)
$1,703
Maintenance Fees
$870/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

ALL utilities (hydro, heat, water, AC), plus Bell Fibe 1.5 Gbps Internet, and a free CRAVE subscriptionIt's Ready Foryour Enjoyment,Over $80K Spent..Fully Renovated(2016)Bright And Specials: Gorgeous Custom Kitchen Features Solid Hdwd Cabinets,Granite Counter-Top,S/S Appliances,Ceramic Backsplash&Pot Lights.Crystal Chandeliers,Engineering Hdwd Floor Throughout(Lauzon Zero Voc), Freshly Painted( Natura Benjamin Moore),New Doors & Windows, Modern Window Coverings, Fully Renovated Bathroom..Great Location, lose To Transit And All Amenities.

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Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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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

5 Parkway Forest Drive Unit 1210, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$870
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,833

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 $499/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 41 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.

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. The $870/month fees should cover building insurance, common elements, and reserve contributions.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Bayview Village. Good resale value as demand remains consistent.

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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    5 Parkway Forest Drive Unit 1210 | $499,000 | Battaglia Team