2809-32 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13472982

$568,000
For Sale
Listed 32 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft
14 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Beautiful 1 Br & Den (2ed Room) + 2 Baths Unit. MBedroom & En-Suite WRoom, Gorgeous South Exposure, Include 1 Parking, 1 Locker, FreshCo Supermarket Direct Downstairs, TTC, Subway Station Minutes Away, Walk To Fairview Mall, Close To School, Grocery, Library, Cinema. Very Close To Highway 401/404. Feature 9 Ft Height Ceiling, Open Concept Living Room With Floor To Ceiling Large Window. Move-In Ready.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13472982
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Don Mills/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$606/mo
Exposure
South
Property tax
$2,762 / 2026
Days on market
32
Listing brokerage
GOLDENWAY REAL ESTATE LTD.

Rooms

KitchenGround0.00 × 0.00 m

laminate · open concept

Primary BedroomGround0.00 × 0.00 m

laminate · large window

Dining RoomGround0.00 × 0.00 m

laminate · open concept

DenGround0.00 × 0.00 m

Laminate

Living RoomGround0.00 × 0.00 m

laminate · open concept

Our TakeTeam Asgarian · Broker
Above comparables
$476Kest. value

Listed at $568,000, and my independent estimate is about 19% above what comparable homes suggest.

In Henry Farm lately, sellers get about 97% of asking; homes sell in ~33 days.

List price
$421KGreat deal$568KOverpriced

Total price vs nearby homes. Fair value about $476K, median of 68 comparables.

How this estimate is builtthe short version

I take the 68 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $527K, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

On location, this is a very walkable address with everyday errands close by. Helen Lu Road is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 68 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$515kavg asking

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

3011-56 Forest Manor Road$549k1809-32 Forest Manor Road$528k1910-50 Ann O'Reilly Road$499k910-50 Ann O'reilly Road$499k414-38 Forest Manor Road$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
568kThis home549k528k499k499k499kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $539K
$875this home / sqft
48active listings nearby
32days on market
99sold nearby · 90 days
$500Kmedian sold price
97%of asking, on average

This home lists 11% above the area average of $790/sqft.

31 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.

Getting around

86/ 100

Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Helen Lu Road, about 140 m away

20+ transit stops4 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Bayview Village
$539K
Willowdale East
$466K
Agincourt North
$480K
Mount Pleasant West
$685K
Annex
$2.03M

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
$2,589/mo
$121KIncome needed
4.7×Price ÷ income
$597Weekly 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.

76%mortgage
Mortgage $2,589Property tax $230Condo fee $606Total carry $3,425

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,425per month

Mortgage amount $454,400 · 4.14% over 25 years

$113,600Down payment (20.0%)
$454,400Loan before insurance
$0CMHC premium
$3,261Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,425
Property tax
$230
Condo / maintenance fees
$606
Heating
$0
Estimated monthly cost
$3,261

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

One-time closing costs

Ontario land transfer tax
$7,835
Toronto municipal land transfer tax
$7,835
Estimated closing costs
$15,670

Plus your down payment of $113,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,945/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

$273,054Total interest paid
$727,454Total of all payments
Principal $454,400 Interest $273,054
YearPrincipalInterestBalance
1$10,645$18,453$443,755
2$11,090$18,008$432,665
3$11,554$17,544$421,111
4$12,037$17,061$409,073
5$12,541$16,557$396,532
6$13,066$16,033$383,467
7$13,612$15,486$369,854
8$14,181$14,917$355,673
9$14,775$14,324$340,898
10$15,393$13,706$325,506
11$16,036$13,062$309,469
12$16,707$12,391$292,762
13$17,406$11,692$275,356
14$18,134$10,964$257,222
15$18,893$10,205$238,329
16$19,683$9,415$218,646
17$20,506$8,592$198,140
18$21,364$7,734$176,776
19$22,258$6,841$154,518
20$23,189$5,910$131,330
21$24,159$4,940$107,171
22$25,169$3,929$82,002
23$26,222$2,876$55,780
24$27,319$1,779$28,461
25$28,461$637$0

At the end of your 5-year term

Total paid over the term
$145,491
Principal paid down
$57,868
Interest paid
$87,623
Balance remaining
$396,532

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$2,050/mo
$24,600Gross annual rent
2.0%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.

4.3%
Gross yield
− Property tax $2,762− Condo fees $7,276− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,256

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of GOLDENWAY REAL ESTATE LTD.. MLS®/PropTx.

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