$479,800 - 5 Parkway Forest Drive Unit 1609, Bayview Village
Condo for Sale in Bayview Village
40 days on marketNeighbourhood: Henry Farm
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- MLS Number
- C13721710
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Taxes (2026)
- $1,527
- Maintenance Fees
- $807/mo
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Fully Renovated Like A Brand New Condo- Spacious 2 Bedroom Condo -Open Concept Kitchen- Updated Cabinets With Beautiful Quartz Counter Top, Double S/S Sink, High Efficiency S/S Chimney/Rangehood, Modern Back Splash - High Quality Granite Floors In Foyer & Kitchen & Washroom - Best Quality 12.3Mm Laminate Floors Throughout With Baseboard And Quarter Round - Updated Washroom - Updated Light Fixtures , Switches And Receptacle .3000 BTU Wall AC unit For Hot Summer days. In the Heart of North York's Henry Farm Neighborhood with a beautiful East view. Fantastic Layout with Walkout To a Huge Enclosed Balcony/Den With Walk out to an open area balcony, A Stunning Panoramic Sunny View , Updated Kitchen with Stainless Steele Appliances and extra Cupboards/Pantry .Crown Mouldings, Gleaming updated wood floors, ensuite Laundry +Storage area with built-in Cabinets. Perfect For a Family or Investors because of High Demand for Rental. Utilities Included In Maintenance Fees. Convenient Location, Walking Distance To Don Mills Subway And Fairview Mall,24 hours TTC, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails Hwy 401, 404 And 407. Close To Schools, Library, Parkway Forest Park, Community Centre And More. Building Amenities Include Tennis Court, Party Room, and Outdoor Pool .
Estimate your monthly payments for this property
Estimated Payment
$2,461.62/mo
Includes CMHC insurance ($13,386)
5-yr fixed avg.
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.
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
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.
5 Parkway Forest Drive Unit 1609, Hillcrest Village / Bayview Village
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $600/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.
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 $807/month fees should cover building insurance, common elements, and reserve contributions.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.