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1 / 0
New5 days ago

517 - 5 Parkway Forest Drive

Henry Farm, Toronto

$585,000

Condo Apartment |
3 + 1 | 2 | 1 | 0
About this home

Welcome to this beautifully updated and spacious corner unit, ideally situated in a well-maintained condominium and filled with an abundance of natural light. This desirable and versatile layout offers **3 generously sized bedrooms plus a bright solarium**, perfect for use as a **fourth bedroom, home office or cozy sitting area**, along with **1 full and 1 half washrooms**. One of the building's few units featuring **central air conditioning with water-cooled forced-air heating and cooling**, this home offers year-round comfort and convenience. Laminate flooring throughout adds as clean, modern feel. **One parking space is included**, with the option to obtain a **second parking space at a low cost**. Maintenance fees provide exceptional value and include **all utilities, cable and internet**. Enjoy an unbeatable location within walking distance to **schools, parks, community centres, Fairview Mall, Don Mills Subway Station, the library, supermarket and medical clinics**. With easy access to **Highways 401 and 404, the Don Valley Parkway, GO Transit, and nearby hospitals**, this home combines comfort, convenience, and connectivity-making it an excellent opportunity for families, professionals, or those seeking a spacious and well-connected urban lifestyle.

Extras

No extras listed.

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Open houses

  • Sun, Oct 18

    2:00 PM – 4:00 PM

  • Sat, Oct 24

    2:00 PM – 4:00 PM

  • Sun, Oct 25

    2:00 PM – 4:00 PM

  • Sun, Nov 1

    2:00 PM – 4:00 PM

Or pick a time that works for you.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$878
LockerNone
BalconyJuliette
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,749
mls© NumberC14019472
Listed ByPROPERTY.CA INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,994
Property tax
$146
Heat allowance
$150
Condo fees, half counted
$439
Housing costs
$3,729 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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