614-36 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C12999234

$428,000
For Sale
Listed 99 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Stylish city living just one floor below the penthouse! This bright and airy 1+Den at Lumina checks all the boxes: 581 sqft of smart layout, soaring ceilings, sleek laminate floors, and a wide west-facing balcony with clear, open views. The den has a door-perfect for a guest room, office, or extra storage. You're directly connected to FreshCo for ultimate convenience, with Don Mills Station and Fairview Mall just steps away. Easy access to the 401, 404 & DVP makes commuting stress-free. T&T, schools, parks, and a community centre are all around the corner. Building perks include concierge service, gym, yoga studio, pool, hot tub, theatre, guest suites & more. A standout floor plan in a super-connected neighbourhood-this one's a must-see.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12999234
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Sheppard/Don Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$599/mo
Exposure
West
Property tax
$2,715 / 2025
Days on market
99
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

DenMain2.43 × 2.74 m

sliding doors · led lighting · separate room

Primary BedroomMain2.74 × 3.35 m

window floor to ceiling · double closet · led lighting

Living RoomMain3.05 × 3.74 m

open concept · west view · w/o to balcony

Dining RoomMain2.74 × 3.25 m

combined w/kitchen · quartz counter · backsplash

Moe’s TakeTeam Asgarian · Broker
In line
$435Kest. value

Listed at $428,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Henry Farm lately, sellers have been getting about 97% of asking and homes sell in about 33 days.

Based on 46 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 46 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $505K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $435K
  • Bedrooms +$15K
  • Adjusts to $450K

That comparable adjusts to $450K; the $435K estimate above is the median of all 46 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is George S Henry Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$405KGreat deal$490KOverpriced

Total price vs nearby homes. Fair value about $435K, median of 46 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$451kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1306-50 Ann O'reilly Road$448k3103-32 Forest Manor Road$399k1102-36 Forest Manor Road$468k427-50 Ann O'Reilly Road$439k722-36 Forest Manor Road$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
428kThis home448k399k468k439k499kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $527K
$779this home / sqft
38active listings nearby
99days on market
99sold nearby · 90 days
$518Kmedian sold price
97%of asking, on average

This home lists 0% above the area average of $782/sqft.

98 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Henry Farm, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$606K
Church-Yonge Corridor
$561K
Bay Street Corridor
$471K
Moss Park
$519K
Waterfront Communities C8
$700K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Woodbine Middle School
45%
Woodbine Middle SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 45% meet the provincial standard
Forest Manor Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,951/mo
$97KIncome needed
4.4×Price ÷ income
$450Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

70%mortgage
Mortgage $1,951Property tax $226Condo fee $599Total carry $2,776

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,827per month

Mortgage amount $342,400 · 4.14% over 25 years

$85,600Down payment (20.0%)
$342,400Loan before insurance
$0CMHC premium
$2,652Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,827
Property tax
$226
Condo / maintenance fees
$599
Heating
$0
Estimated monthly cost
$2,652

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,035
Toronto municipal land transfer tax
$5,035
Estimated closing costs
$10,070

Plus your down payment of $85,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,219/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$205,752Total interest paid
$548,152Total of all payments
Principal $342,400 Interest $205,752
YearPrincipalInterestBalance
1$8,021$13,905$334,379
2$8,357$13,569$326,022
3$8,706$13,220$317,316
4$9,070$12,856$308,245
5$9,450$12,476$298,795
6$9,845$12,081$288,950
7$10,257$11,669$278,693
8$10,686$11,240$268,007
9$11,133$10,793$256,874
10$11,599$10,327$245,275
11$12,084$9,842$233,192
12$12,589$9,337$220,602
13$13,116$8,810$207,487
14$13,664$8,262$193,822
15$14,236$7,690$179,586
16$14,832$7,095$164,754
17$15,452$6,474$149,303
18$16,098$5,828$133,204
19$16,772$5,154$116,433
20$17,473$4,453$98,960
21$18,204$3,722$80,756
22$18,965$2,961$61,790
23$19,759$2,167$42,031
24$20,585$1,341$21,446
25$21,446$480$0

At the end of your 5-year term

Total paid over the term
$109,630
Principal paid down
$43,605
Interest paid
$66,026
Balance remaining
$298,795

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.8%
Gross yield
− Property tax $2,715− Condo fees $7,188− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,653

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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