G8-5 Parkway Forest Drive, Toronto, ON
Henry Farm, Toronto · MLS® C13550786
About this home
Welcome to 5 Parkway Forest Drive #G8, a rare and highly desirable ground-floor condo in Toronto's Henry Farm community-currently the only unit of its kind in the building-offering approximately 748 sq. ft. of fully renovated, senior-friendly, step-free living designed to maximize space, functionality, and comfort. This open-concept layout showcases brand new Turkish porcelain flooring throughout and a modern kitchen with stainless steel appliances, while extensive upgrades enhance livability and accommodate more residents with ease. The unit comes fully furnished with two 3-seater sofas and two Murphy beds (one queen, one double), with the second bedroom featuring its own Murphy bed and private enclosed balcony. California shutters are installed on all windows, complemented by elegant gold-accented fixtures and all-new doors, while climate control is optimized with three LG split A/C units with heating. A versatile laundry room includes an LG all-in-one washer/dryer, additional shelving for storage, and a secondary toilet for added convenience. Maintenance fees include all utilities, plus Bell Fibe TV and 1.5 Gbps high-speed internet, along with one underground parking space and access to premium amenities such as an outdoor pool, dual saunas, tennis court, playground, and party room. Located steps from Parkway Forest Park, Dallington Park, Havenbrook Park, and Betty Sutherland Trail Park, and surrounded by top schools including Forest Manor Public School, St. Timothy Catholic School, George S. Henry Academy, and Seneca College, this home is minutes from everyday conveniences like CF Fairview Mall, Parkway Forest Community Centre, Oriole Community Centre, and Toronto Public Library, with seamless transit via Don Mills Station and quick access to Highways 401 and 404-making it an exceptional opportunity for investors, growing families, or downsizers seeking turnkey, accessible living in a prime, well-connected location. **Listing Contains Virtually Staged Photos**
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13550786
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Don Mills Rd. & Sheppard Ave. E.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Baseboard
- A/C
- Wall Unit(s), Window Unit(s)
- Exterior
- Concrete
- Maintenance
- $659/mo
- Exposure
- West
- Property tax
- $1,252 / 2025
- Days on market
- 7
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
open concept · porcelain floor · california shutters
4 pc bath · tile floor · b/i vanity
open concept · porcelain floor · murphy bed
california shutters · murphy bed · balcony
porcelain floor · b/i closet · california shutters
porcelain floor · ensuite bath · separate room
stainless steel appl · porcelain floor · open concept
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.
Ask Moe if this price is fairThe 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Don Mills Rd at Parkway Forest Dr is about a 1-minute walk away.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Lifestyle
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 homesOn 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.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Don Mills Rd at Parkway Forest Dr, about 98 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $239,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,276
- Property tax
- $104
- Condo / maintenance fees
- $659
- Heating
- $0
- Estimated monthly cost
- $2,040
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $2,960
- Toronto municipal land transfer tax
- $2,960
- Estimated closing costs
- $5,920
Plus your down payment of $59,800. 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
- $76,588
- Principal paid down
- $30,462
- Interest paid
- $46,125
- Balance remaining
- $208,738
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.