2902-32 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13551000

$599,000
For Sale
Listed 7 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome To This High-Floor Corner Unit, Sun-Filled 2-Bedroom, 2-Bathroom Condo Featuring A Functional Open-Concept Layout With Floor-To-Ceiling Windows! Spacious Living Area Opens To A Large Balcony With Unobstructed Views. Modern Kitchen With Stainless Steel Appliances And Backsplash. Two Separate Bedrooms, Including A Primary Suite With A 4-Piece Ensuite. One Parking Space Included. Direct Access To Supermarket, And Walking Distance To Fairview Mall, Don Mills Subway Station, And The Public Library. Quick Access To Hwy 404 & 401, Close To Schools, Parks, Restaurants, And More.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13551000
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Don Mills& Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$677/mo
Exposure
North West
Property tax
$3,212 / 2025
Days on market
7
Listing brokerage
DREAM HOME REALTY INC.

Rooms

Primary BedroomGround3.65 × 2.74 m

laminate · large window · 4 pc ensuite

Bedroom 2Ground3.01 × 2.74 m

laminate · large window · closet

KitchenGround5.15 × 2.40 m

laminate · open concept · stainless steel appl

Living RoomGround3.44 × 2.71 m

laminate · combined w/dining · w/o to balcony

Dining RoomGround5.15 × 2.40 m

laminate · combined w/living · west view

Moe’s TakeTeam Asgarian · Broker
In line
$578Kest. value

Listed at $599,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 28 similar homes nearby, adjusted for size, beds, and baths.Median of 28 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $653K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $550K
  • Bathrooms +$15K
  • Adjusts to $565K

That comparable adjusts to $565K; the $578K estimate above is the median of all 28 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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 Helen Lu Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$565KGreat deal$619KOverpriced

Total price vs nearby homes. Fair value about $578K, median of 28 comparables.

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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$576kavg asking

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

311-50 Forest Manor Road$580k3608-55 Ann O'Reilly Road$618k2707-66 Forest Manor Road$555k2809-32 Forest Manor Road$588k#2111-50 Ann O' Reilly Road$538k

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home580k618k555k588k538kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $550K
$799this home / sqft
57active listings nearby
7days on market

This home lists 3% above the area average of $779/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

78/ 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 Helen Lu Rd, about 144 m away

20+ transit stops5 grocery20+ dining20+ parks12 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.

Willowdale East
$441K
Banbury-Don Mills
$500K
Willowdale West
$770K
Annex
$1.57M
Church-Yonge Corridor
$590K

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
$2,730/mo
$129KIncome needed
4.6×Price ÷ income
$630Weekly 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.

74%mortgage
Mortgage $2,730Property tax $268Condo fee $677Total carry $3,675

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)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,502Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$268
Condo / maintenance fees
$677
Heating
$0
Estimated monthly cost
$3,502

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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$2,400/mo
$28,800Gross annual rent
2.3%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.

4.8%
Gross yield
− Property tax $3,212− Condo fees $8,124− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,696

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of DREAM HOME REALTY INC.. MLS®/PropTx.

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