70 Forest Manor Road Unit 2506, Toronto C15

Price: $749,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C12653966

An Attractive 2-bedroom Unit at Emerald City, Across from Fairview Mall. 1009 sf Floor Area + 177 Sf Balcony. Floor-to-Ceiling Window and Spectacular Unobstructed West View. Granite Countertops & Large Centre Island. Convenient Access to TTC, with an Entrance to the Don Mills Subway Station Right in Front of the Building. Minutes to Hwy 404/401. Close to Retail Stores, Supermarkets, Park, Schools, Library, Community Centre and an EV Charging Station. Building Amenities Include Concierge, Exercise Room, Indoor Pool, Party Room, Guest Suite and Visitor Parking. One locker and one parking spot (P2-376) Included.

70 Forest Manor Road Unit 2506 - Condo photo 1 of 18 in Hillcrest Village / Bayview Village, Ontario
70 Forest Manor Road Unit 2506 - Condo photo 2 of 18 in Hillcrest Village / Bayview Village, Ontario
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$749,000 - 70 Forest Manor Road Unit 2506, Bayview Village

Condo for Sale in Bayview Village

160 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C12653966
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
KW Living Realty
Description

An Attractive 2-bedroom Unit at Emerald City, Across from Fairview Mall. 1009 sf Floor Area + 177 Sf Balcony. Floor-to-Ceiling Window and Spectacular Unobstructed West View. Granite Countertops & Large Centre Island. Convenient Access to TTC, with an Entrance to the Don Mills Subway Station Right in Front of the Building. Minutes to Hwy 404/401. Close to Retail Stores, Supermarkets, Park, Schools, Library, Community Centre and an EV Charging Station. Building Amenities Include Concierge, Exercise Room, Indoor Pool, Party Room, Guest Suite and Visitor Parking. One locker and one parking spot (P2-376) Included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

70 Forest Manor Road Unit 2506, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,023

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 $749/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 160 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.

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 $3,121 (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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    70 Forest Manor Road Unit 2506 | $749,000 | Battaglia Team