3506-70 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13500116

$798,000
For Sale
Listed 24 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Rare, newly renovated northwest corner suite showcasing sweeping views of the CN Tower, downtown core, Yonge & Sheppard, etc. This bright, open-concept condo combines modern design with everyday comfort, featuring new flooring throughout, coordinated matte black hardware, custom light-filtering blinds and 10ft ceilings. The beautifully renovated kitchen boasts stainless steel appliances, electric cooktop, oven, refrigerator, microwave, and dishwasher. A striking quartz waterfall island with breakfast bar seating and generous under-island storage anchors the main living area. Both bathrooms are finished with sleek glass-enclosed showers and coordinated contemporary fixtures for a polished, cohesive look. New Vanities. Floor has been upgraded with premium waterproof Vinyl Planks. $50k In upgrades to the unit with one of the best views in the building. Amazing natural light. Residents enjoy first-class building amenities including 24-hour concierge and security, a fully equipped gym, stylish party room, and inviting indoor swimming pool. Perfectly located directly above Don Mills Station, you are mere steps to CF Fairview Mall with quick, convenient access to Highway 401.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13500116
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Don Mills Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$710/mo
Exposure
North West
Property tax
$3,567 / 2025
Days on market
24
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Kitchen3.50 × 2.75 m

4 pc ensuite · closet

Bedroom 211.06 × 9.06 m

Closet

Dining Room6.98 × 3.62 m

Combined w/Living

Living Room6.98 × 3.62 m

W/O To Balcony

Our TakeTeam Asgarian · Broker
Above comparables
$640Kest. value

Listed at $798,000, and my independent estimate is about 25% above what comparable homes suggest.

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

List price
$638KGreat deal$798KOverpriced

Total price vs nearby homes. Fair value about $640K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 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 $674K, a close match.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$680kavg asking

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

2112-66 Forest Manor Road$695k1408-70 Forest Manor Road$689k2112-70 Forest Manor Road$699k911-62 Forest Manor Road$668k1710-2015 Sheppard Avenue$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
798kThis home695k689k699k668k650kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $628K
$840this home / sqft
38active listings nearby
24days on market
99sold nearby · 90 days
$518Kmedian sold price
97%of asking, on average

This home lists 16% above the area average of $722/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.

Nearby neighbourhoods

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

Bayview Village
$523K
Tam O'Shanter-Sullivan
$399K
Willowdale East
$506K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K

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

Affordability & Mortgage

Affordability
$3,637/mo
$165KIncome needed
4.8×Price ÷ income
$839Weekly 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.

78%mortgage
Mortgage $3,637Property tax $297Condo fee $710Total carry $4,644

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)
$3,407per month

Mortgage amount $638,400 · 4.14% over 25 years

$159,600Down payment (20.0%)
$638,400Loan before insurance
$0CMHC premium
$4,414Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,407
Property tax
$297
Condo / maintenance fees
$710
Heating
$0
Estimated monthly cost
$4,414

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

One-time closing costs

Ontario land transfer tax
$12,435
Toronto municipal land transfer tax
$12,435
Estimated closing costs
$24,870

Plus your down payment of $159,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,138/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

$383,622Total interest paid
$1,022,022Total of all payments
Principal $638,400 Interest $383,622
YearPrincipalInterestBalance
1$14,956$25,925$623,444
2$15,581$25,300$607,863
3$16,233$24,648$591,631
4$16,912$23,969$574,719
5$17,619$23,262$557,100
6$18,356$22,525$538,743
7$19,124$21,757$519,619
8$19,924$20,957$499,696
9$20,757$20,124$478,938
10$21,626$19,255$457,313
11$22,530$18,351$434,783
12$23,473$17,408$411,310
13$24,454$16,427$386,856
14$25,477$15,404$361,378
15$26,543$14,338$334,836
16$27,653$13,228$307,182
17$28,810$12,071$278,373
18$30,015$10,866$248,358
19$31,270$9,610$217,087
20$32,578$8,302$184,509
21$33,941$6,940$150,568
22$35,361$5,520$115,207
23$36,840$4,041$78,367
24$38,381$2,500$39,986
25$39,986$895$0

At the end of your 5-year term

Total paid over the term
$204,404
Principal paid down
$81,300
Interest paid
$123,104
Balance remaining
$557,100

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
2.5%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.

4.6%
Gross yield
− Property tax $3,567− Condo fees $8,518− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,889

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

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