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$425K · 1 bed Condo Apartment · Henry Farm, Toronto | MyPropertyScout

$425,000

Unit 711

20 DOM

1120d

Map

DOM 20

$425,000

B●●●○○DOM20days

Unit 711

5 Parkway Forest Drive · Toronto · Ontario M2J 1L2

MLS® C13424990 · Henry Farm · M2J 1L2

11OwnerOccupied700-799 ft²Condo ApartmentNone20d$567/ft²$1,320 tax/yr

4% below market · 20 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to Suite 711 at 5 Parkway Forest Drive. This spacious well designed updated 1 bedroom condo found in the highly sought-after Henry Farm Community features a bonus home office for remote work or a quiet retreat. The open-concept layout offers a combination of comfort and convenience perfect for relaxation or entertainment. Featuring a stunning, fully-equipped kitchen with wrap around cupboards and counter tops, a dishwasher, with newer fridge and stove, Beautiful, modern flooring runs…

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Property details

MLS#: C13424990
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 700-799
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Library, Public Transit, School

Condo corp #: 16
Balcony: Open
Locker: None
Association amenities: Outdoor Pool, Party Room/Meeting Room, Sauna, Tennis Court, Visitor Parking
Fees include: Cable TV Included, Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Baseboard
Heating fuel: Other
Cooling: None
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Don Mills/Sheppard
Basement: None
Stories: 9
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Surface

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	3.12m × 5.58m
Flat	Dining Room	2.62m × 2.44m
Flat	Kitchen	2.35m × 3.19m
Flat	Primary Bedroom	2.97m × 4.57m
Flat	Solarium	2.47m × 2.76m
Flat	Laundry	2.33m × 2.76m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX HALLMARK REALTY LTD.

Source: TRREB/PROPTX · MLS® C13424990

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$425K

Unit 711 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $425,000✓ $1,320 tax✓ Other✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,049/mo

incl. closing costs (yr 1)

Annual total

$48,591

year 1

Mortgage only

$1,612/mo

principal + interest

Beyond mortgage

$1,564/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$85,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$110/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$56/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $19,348/yr

Property taxes13% $6,295/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,250/yr

Condo fees17% $8,039/yr

Closing costs10% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,348	$1,612/mo
Government & taxes
Property tax	$1,320	$110/mo
Land transfer tax(closing)	$4,975	$415/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,250	$354/mo
Condo fees
Condo / HOA fees	$8,039	$670/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$48,591	$4,049/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 711

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs