626-52 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13466070

$489,000
For Sale
Listed 34 days ago
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2Bedrooms
2Bathrooms
1Garage
500-599Sq Ft

About this home

Discover the perfect blend of convenience and luxury in this stunning 1-bedroom plus den condo at Emerald City. Ideally located just steps from Fairview Mall for all your shopping needs, and minutes from the Don Mills Subway, this unit offers seamless transit and easy access to the DVP, Hwy 404, 401, and 407.Bright, open-concept suite features 9-foot floor-to-ceiling windows. Enjoy unobstructed western views and incredible sunsets from your spacious balcony. The den is fully enclosed with sliding doors, making it a perfect home office. Building amenties include: an indoor pool, gym, and BBQ area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13466070
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
500-599
Cross streets
Don Mills / Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$719/mo
Exposure
West
Property tax
$2,509 / 2026
Days on market
34
Listing brokerage
KELLER WILLIAMS PORTFOLIO REALTY

Rooms

Dining RoomFlat3.20 × 3.05 m

Combined w/Living

Living RoomFlat3.20 × 3.05 m

combined w/dining · w/o to balcony

BedroomFlat3.20 × 2.74 m

4 pc ensuite · closet

KitchenFlat3.35 × 2.74 m

Open Concept

DenFlat2.29 × 2.21 m

Sliding Doors

Moe’s TakeTeam Asgarian · Broker
In line
$443Kest. value

Listed at $489,000, this home is within the range of comparable homes, on the higher side. 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 45 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 45 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $468K, a close match.

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
  • Bathrooms +$8K
  • Adjusts to $458K

That comparable adjusts to $458K; the $443K estimate above is the median of all 45 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
$413KGreat deal$494KOverpriced

Total price vs nearby homes. Fair value about $443K, median of 45 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$502kavg asking

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

1205-56 Forest Manor Road$520k310-50 Ann O'reilly Road$495k414-38 Forest Manor Road$499k1910-50 Ann O'Reilly Road$499k910-50 Ann O'reilly Road$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
489kThis home520k495k499k499k499kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $520K
$890this home / sqft
37active listings nearby
34days on market
99sold nearby · 90 days
$520Kmedian sold price
97%of asking, on average

This home lists 15% above the area average of $773/sqft.

33 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.

Banbury-Don Mills
$649K
Willowdale East
$606K
The Beaches
$799K
Church-Yonge Corridor
$561K
Bay Street Corridor
$512K

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 · 1.1 km awayBelow the GTA average · 45% meet the provincial standard
Forest Manor Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,229/mo
$109KIncome needed
4.5×Price ÷ income
$514Weekly 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.

71%mortgage
Mortgage $2,229Property tax $209Condo fee $719Total carry $3,157

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)
$2,088per month

Mortgage amount $391,200 · 4.14% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,016Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,088
Property tax
$209
Condo / maintenance fees
$719
Heating
$0
Estimated monthly cost
$3,016

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,536/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

$235,077Total interest paid
$626,277Total of all payments
Principal $391,200 Interest $235,077
YearPrincipalInterestBalance
1$9,164$15,887$382,036
2$9,548$15,503$372,488
3$9,947$15,104$362,541
4$10,363$14,688$352,177
5$10,797$14,254$341,381
6$11,248$13,803$330,132
7$11,719$13,332$318,413
8$12,209$12,842$306,204
9$12,720$12,331$293,485
10$13,252$11,799$280,233
11$13,806$11,245$266,427
12$14,384$10,668$252,043
13$14,985$10,066$237,058
14$15,612$9,439$221,446
15$16,265$8,786$205,181
16$16,945$8,106$188,236
17$17,654$7,397$170,582
18$18,393$6,658$152,189
19$19,162$5,889$133,027
20$19,963$5,088$113,064
21$20,798$4,253$92,265
22$21,668$3,383$70,597
23$22,575$2,476$48,022
24$23,519$1,532$24,503
25$24,503$548$0

At the end of your 5-year term

Total paid over the term
$125,255
Principal paid down
$49,819
Interest paid
$75,436
Balance remaining
$341,381

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
1.3%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.

4.2%
Gross yield
− Property tax $2,509− Condo fees $8,632− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,415

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS PORTFOLIO REALTY. MLS®/PropTx.

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