703-20 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13498586

$426,000
For Sale
Listed 19 days ago
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2Bedrooms
1Bathrooms
1Garage
900-999Sq Ft

About this home

Very spacious and bright 2 Bedroom Condo Unit In the Heart of North York's High Demanded Henry Farm Neighborhood area with a beautiful Layout and Walkout To Huge Balcony With A Stunning Unabstracted Park View, Updated Kitchen with Quartz Countertops and Backsplash and build-in Dishwasher. Perfect For a Family or Investors because of High Demand for Rental. All Utilities And Cable TV Included In Maintenance Fees. Convenient Location; Walking Distance To Don Mills Subway And Fairview Mall, 24 Hours TTC Bus, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails, Hwy 401, 404 and 407. Close To School, Library, Parkway Forest Park, Community Centre And Much More. Building Amenities Include Exercise room, Sauna and Outdoor Pool. ** EXTRAS ** Maintenance Fee includes: Heat, Hydro, Water, Cable and one parking space, and the right to use Outdoor Pool, Sauna & Exercise Room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13498586
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
Don Mills/Sheppard
Parking
1 garage (surface)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick, Concrete
Maintenance
$919/mo
Exposure
East
Property tax
$1,584 / 2025
Days on market
19
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomFlat4.31 × 3.31 m

laminate · double closet · window

Dining RoomFlat3.40 × 3.10 m

laminate · overlooks living · open concept

LockerFlat2.31 × 1.01 m

Vinyl Floor

KitchenFlat3.42 × 2.33 m

ceramic floor · quartz counter · backsplash

Living RoomFlat5.50 × 3.35 m

laminate · sunken room · w/o to balcony

Bedroom 2Flat4.21 × 2.97 m

laminate · closet · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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. Don Mills Rd at Parkway Forest Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$626kavg asking

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

760-60 Ann O'Reilly Road$599k1206-66 Forest Manor Road$623k3010-2015 Sheppard Avenue$628k407-2015 Sheppard Avenue$628k1710-2015 Sheppard Avenue$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
426kThis home599k623k628k628k650kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $628K
$449this home / sqft
37active listings nearby
19days on market

This home lists 39% below the area average of $732/sqft.

On the market now.

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

74/ 100

Very WalkableA 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Don Mills Rd at Parkway Forest Dr, about 192 m away

20+ transit stops5 grocery20+ dining20+ parks11 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$577K

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

Affordability & Mortgage

Affordability
$1,942/mo
$99KIncome needed
4.3×Price ÷ income
$448Weekly 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.

65%mortgage
Mortgage $1,942Property tax $132Condo fee $919Total carry $2,993

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,819per month

Mortgage amount $340,800 · 4.14% over 25 years

$85,200Down payment (20.0%)
$340,800Loan before insurance
$0CMHC premium
$2,870Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,819
Property tax
$132
Condo / maintenance fees
$919
Heating
$0
Estimated monthly cost
$2,870

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

One-time closing costs

Ontario land transfer tax
$4,995
Toronto municipal land transfer tax
$4,995
Estimated closing costs
$9,990

Plus your down payment of $85,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,209/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

$204,791Total interest paid
$545,591Total of all payments
Principal $340,800 Interest $204,791
YearPrincipalInterestBalance
1$7,984$13,840$332,816
2$8,318$13,506$324,499
3$8,666$13,158$315,833
4$9,028$12,796$306,805
5$9,406$12,418$297,399
6$9,799$12,024$287,600
7$10,209$11,615$277,391
8$10,636$11,188$266,755
9$11,081$10,743$255,674
10$11,544$10,279$244,129
11$12,027$9,796$232,102
12$12,530$9,293$219,572
13$13,055$8,769$206,517
14$13,601$8,223$192,916
15$14,170$7,654$178,747
16$14,762$7,061$163,985
17$15,380$6,444$148,605
18$16,023$5,801$132,582
19$16,693$5,130$115,889
20$17,391$4,432$98,497
21$18,119$3,705$80,378
22$18,877$2,947$61,501
23$19,666$2,157$41,835
24$20,489$1,335$21,346
25$21,346$478$0

At the end of your 5-year term

Total paid over the term
$109,118
Principal paid down
$43,401
Interest paid
$65,717
Balance remaining
$297,399

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$3,050/mo
$36,600Gross annual rent
4.5%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.

8.6%
Gross yield
− Property tax $1,584− Condo fees $11,029− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,361

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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