56 Forest Manor Road Unit 308, Toronto C15

Price: $674,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C12765582

One of a kind! This sun soaked 2 Bedroom 2 Bathroom condo boasts 917 sq ft of spacious interior space plus a whopping 423 sq ft wraparound terrace and is full of upgrades. 9' ceilings and engineered hardwood throughout. Long hallway from foyer leads to an open office space - no need to work out of your bedroom for those working from home. The kitchen features built in European appliances, upgraded quartz countertop and beautiful ceramic backsplash. Spacious and Open concept family size living/dining rooms, and two full bathrooms. The oversize master bedroom has ensuite washroom and built in closet organizer - and yes, that's a king size bed next to the vanity! And for the truly one-of a kind feature nobody else can claim: a 423 sq ft wraparound terrace. Enjoy the precious summer days from the comfort of your own home. Imagine hosting your friends and family on your own private patio. Imagine working from your balcony in the nice weather or enjoying long summer days steps from your own kitchen. This condo is truly luxury living! Amenities include: Gym, Yoga Room, Scandinavian Spa With Plunge Pools, Heated Stone Bed, Lounge, Outdoor Terrace, party room, guest suites, and Concierge. Live in the highly desirable Fairview Mall community. Freshco is next door, the subway is a 7 minute walk, and Highways 401 and 404/DVP are minutes away. Fairview Mall is across the street, restaurant, retail, Schools, Parks, Performing Centre For The Arts, Library and much more walking distance. This location can't be beat! Visit this area and you'll why see it's becoming more trendy with more amenities and restaurants coming in all the time - and you will want to call this vibrant community home too!

56 Forest Manor Road Unit 308 - Condo photo 1 of 39 in Hillcrest Village / Bayview Village, Ontario
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$674,900 - 56 Forest Manor Road Unit 308, Bayview Village

Condo for Sale in Bayview Village

126 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C12765582
Property Type
Condo
Status
active
Days on Site
126
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

One of a kind! This sun soaked 2 Bedroom 2 Bathroom condo boasts 917 sq ft of spacious interior space plus a whopping 423 sq ft wraparound terrace and is full of upgrades. 9' ceilings and engineered hardwood throughout. Long hallway from foyer leads to an open office space - no need to work out of your bedroom for those working from home. The kitchen features built in European appliances, upgraded quartz countertop and beautiful ceramic backsplash. Spacious and Open concept family size living/dining rooms, and two full bathrooms. The oversize master bedroom has ensuite washroom and built in closet organizer - and yes, that's a king size bed next to the vanity! And for the truly one-of a kind feature nobody else can claim: a 423 sq ft wraparound terrace. Enjoy the precious summer days from the comfort of your own home. Imagine hosting your friends and family on your own private patio. Imagine working from your balcony in the nice weather or enjoying long summer days steps from your own kitchen. This condo is truly luxury living! Amenities include: Gym, Yoga Room, Scandinavian Spa With Plunge Pools, Heated Stone Bed, Lounge, Outdoor Terrace, party room, guest suites, and Concierge. Live in the highly desirable Fairview Mall community. Freshco is next door, the subway is a 7 minute walk, and Highways 401 and 404/DVP are minutes away. Fairview Mall is across the street, restaurant, retail, Schools, Parks, Performing Centre For The Arts, Library and much more walking distance. This location can't be beat! Visit this area and you'll why see it's becoming more trendy with more amenities and restaurants coming in all the time - and you will want to call this vibrant community home too!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,462.59/mo

Includes CMHC insurance ($18,830)

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5-yr fixed avg.

Principal: $607,410Interest: $412,536
Mortgage Amount$626,240
Total Interest$412,536
Est. Property Tax$478/mo
Total Cost$1,038,776

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: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village 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 Hillcrest Village / Bayview Village

  • 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

Hillcrest Village / Bayview Village 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

56 Forest Manor Road Unit 308, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$1,521

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 $562/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.

Negotiation Opportunity

At 126 days on site, this property has exceeded the typical selling timeline for Bayview Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

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 $2,812 (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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    MLS# C12765582 — 56 Forest Manor Road Unit 308 | Battaglia Team