5 Parkway Forest Drive Unit 711, Toronto C15

Price: $379,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13611482

Offering the room you need, the convenience you want, and the value you've been looking for! Add in a fantastic location close to transit, shopping, parks and everyday amenities, and you have a condo that checks all the boxes! Thoughtfully updated and light filled suite features 727 sq.ft., an updated kitchen with wrap around cabinetry, greystone backsplash, updated stainless steel appliances in 2026 and durable laminate flooring throughout. The open concept layout offers function and flow and is bathed in natural light with serene views of mature weeping willows and greenery. Spacious primary bedroom with double closet. 4pc bathroom with updated vanity and unified ceramic tiles. A versatile office/den with walk out to private balcony is an ideal for a guest room or reading nook. Complete with an extra large laundry ensuite with storage unit. ***Unbeatable location with TTC at your doorstep*** One block to FreshCo supermarket and minutes to Fairview Mall, Don Mills Station and coffee shops. Building maintenance fees include ALL utilities (hydro, heat, water, cable & internet). Residents enjoy an impressive selection of amenities, including a pool, tennis courts, sauna, party room, ping pong room, kids outdoor playscape and abundant visitor parking for family and friends.

5 Parkway Forest Drive Unit 711 - Condo photo 1 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 2 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 3 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 4 of 20 in Hillcrest Village / Bayview Village, Ontario
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5 Parkway Forest Drive Unit 711 - Condo photo 6 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 7 of 20 in Hillcrest Village / Bayview Village, Ontario
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5 Parkway Forest Drive Unit 711 - Condo photo 11 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 12 of 20 in Hillcrest Village / Bayview Village, Ontario
5 Parkway Forest Drive Unit 711 - Condo photo 13 of 20 in Hillcrest Village / Bayview Village, Ontario
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5 Parkway Forest Drive Unit 711 - Condo photo 15 of 20 in Hillcrest Village / Bayview Village, Ontario
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$379,000 - 5 Parkway Forest Drive Unit 711, Bayview Village

Condo for Sale in Bayview Village

Neighbourhood: Henry Farm

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13611482
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Offering the room you need, the convenience you want, and the value you've been looking for! Add in a fantastic location close to transit, shopping, parks and everyday amenities, and you have a condo that checks all the boxes! Thoughtfully updated and light filled suite features 727 sq.ft., an updated kitchen with wrap around cabinetry, greystone backsplash, updated stainless steel appliances in 2026 and durable laminate flooring throughout. The open concept layout offers function and flow and is bathed in natural light with serene views of mature weeping willows and greenery. Spacious primary bedroom with double closet. 4pc bathroom with updated vanity and unified ceramic tiles. A versatile office/den with walk out to private balcony is an ideal for a guest room or reading nook. Complete with an extra large laundry ensuite with storage unit. ***Unbeatable location with TTC at your doorstep*** One block to FreshCo supermarket and minutes to Fairview Mall, Don Mills Station and coffee shops. Building maintenance fees include ALL utilities (hydro, heat, water, cable & internet). Residents enjoy an impressive selection of amenities, including a pool, tennis courts, sauna, party room, ping pong room, kids outdoor playscape and abundant visitor parking for family and friends.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,944.47/mo

Includes CMHC insurance ($10,574)

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5%10%50%

5-yr fixed avg.

Principal: $341,100Interest: $231,666
Mortgage Amount$351,674
Total Interest$231,666
Est. Property Tax$268/mo
Total Cost$583,340

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 711, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$268
Insurance (est.)-$79
Net Cash Flow+$1,398

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 $541/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 27 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. We'll want to verify the monthly fees and what they include.

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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    5 Parkway Forest Drive Unit 711 | $379,000 | Battaglia Team