414-38 Forest Manor Road, Toronto, ON
Henry Farm, Toronto · MLS® C13503528
About this home
Welcome to this thoughtfully designed 1 bedroom + den, 2 full bathroom condo offering approximately 657 sq.ft. of modern, functional living space-perfect for professionals, couples, or anyone seeking comfort and convenience in a well-connected location. Featuring wide-plank laminate flooring throughout with no carpet, this suite offers a clean, contemporary feel that's also easy to maintain.The L-shaped dine-in kitchen is both stylish and practical, complete with a built-in cooktop and wall oven, built-in over-the-range microwave, integrated dishwasher, and stainless steel fridge. With generous counter space and a smart layout, it's ideal for everyday cooking as well as hosting friends or family. The open-concept living and dining area is bright and inviting, with direct access to a covered balcony showcasing clear south-facing views of CN Tower and a perfect spot to unwind, enjoy your morning coffee, or take in the natural light throughout the day. The spacious primary bedroom offers comfort and privacy and its own ensuite bathroom, while the versatile enclosed den can easily function as a home office, reading nook, or guest bedroom. With two full bathrooms, this layout provides added flexibility and convenience for both daily living and entertaining. Additional features include one underground parking space and one locker, along with access to an impressive range of building amenities, including an indoor pool and hot tub, fully equipped gym, movie theatre, party room, games room, concierge/security, outdoor BBQ area, and free visitor parking. The building offers direct underground access to Freshco. Ideally situated near major routes including the Don Valley Parkway, Highways 401 and 404, and just minutes from public transit and shopping at Fairview Mall, this home offers the perfect balance of accessibility and lifestyle. A fantastic opportunity for end-users looking for a move-in-ready space in a vibrant and convenient neighbourhood.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13503528
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Don Mills Road and Sheppard Avenue East
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Concrete Poured
- Foundation
- Concrete
- Maintenance
- $659/mo
- Exposure
- South
- Property tax
- $2,828 / 2026
- Days on market
- 23
- Listing brokerage
- SKYLETTE MARKETING REALTY INC.
Rooms
laminate · glass doors · 3 pc bath
laminate · combined w/dining · w/o to balcony
laminate · 4 pc ensuite · closet
laminate · stainless steel appl · stone counters
Listed at $498,888, and my independent estimate is right in line with comparable homes.
In Henry Farm lately, sellers get about 97% of asking; homes sell in ~34 days.
Total price vs nearby homes. Fair value about $528K, median of 14 comparables.
How this estimate is builtthe short version
I take the 14 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 $505K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can 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
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 14 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $794/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Henry Farm, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $399,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,130
- Property tax
- $236
- Condo / maintenance fees
- $659
- Heating
- $0
- Estimated monthly cost
- $3,024
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,453
- Toronto municipal land transfer tax
- $6,453
- Estimated closing costs
- $12,906
Plus your down payment of $99,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $127,788
- Principal paid down
- $50,827
- Interest paid
- $76,961
- Balance remaining
- $348,284
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYLETTE MARKETING REALTY INC.. MLS®/PropTx.