62 Forest Manor Road Unit 1104, Toronto C15

Price: $519,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13472888

Welcome to this well-maintained 1 Bedroom + Den suite at Dream Tower at Emerald City, steps from Don Mills Subway Station, Fairview Mall, and everyday amenities. This bright and functional unit offers an open-concept living and dining area with laminate flooring, a versatile den perfect as a home office or second bedroom, and an open balcony with East exposure. The kitchen features stainless steel appliances and ample cabinetry, ready for your personal touch. Includes one owned parking spot and one owned locker. Move-in ready with vacant possession for a flexible closing. Enjoy resort-style building amenities including 24-hour concierge, indoor pool, fully equipped gym, party/meeting room, and visitor parking. Unbeatable location with quick access to Highways 401, 404, and the DVP - perfect for first-time buyers, downsizers, or investors alike.

62 Forest Manor Road Unit 1104 - Condo photo 1 of 26 in Hillcrest Village / Bayview Village, Ontario
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$519,000 - 62 Forest Manor Road Unit 1104, Bayview Village

Condo for Sale in Bayview Village

Neighbourhood: Henry Farm

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
C13472888
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
HOME LEGEND REALTY INC.
Description

Welcome to this well-maintained 1 Bedroom + Den suite at Dream Tower at Emerald City, steps from Don Mills Subway Station, Fairview Mall, and everyday amenities. This bright and functional unit offers an open-concept living and dining area with laminate flooring, a versatile den perfect as a home office or second bedroom, and an open balcony with East exposure. The kitchen features stainless steel appliances and ample cabinetry, ready for your personal touch. Includes one owned parking spot and one owned locker. Move-in ready with vacant possession for a flexible closing. Enjoy resort-style building amenities including 24-hour concierge, indoor pool, fully equipped gym, party/meeting room, and visitor parking. Unbeatable location with quick access to Highways 401, 404, and the DVP - perfect for first-time buyers, downsizers, or investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,662.74/mo

Includes CMHC insurance ($14,480)

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5%10%50%

5-yr fixed avg.

Principal: $467,100Interest: $317,242
Mortgage Amount$481,580
Total Interest$317,242
Est. Property Tax$368/mo
Total Cost$798,822

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

62 Forest Manor Road Unit 1104, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,334

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

Fair Market Value

At $865/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 15 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 600 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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    62 Forest Manor Road Unit 1104 | $519,000 | Battaglia Team