1107-62 Forest Manor Road, Toronto, ON
Henry Farm, Toronto · MLS® C13580498
About this home
Welcome to Emerald City! This bright and well-maintained 1 Bedroom + Den suite offers a functional layout with no wasted space and a desirable south exposure that fills the home with natural light. The open-concept living and dining area flows seamlessly into a modern kitchen featuring stainless steel appliances, granite countertops, and ample cabinet space. The spacious den is perfect for a home office, while the private balcony is a great spot to enjoy your morning coffee, or convince yourself you'll only check one more email. One underground parking space and one locker are included (because everyone has more stuff than they think). Residents enjoy exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, sauna, hot tub, party room, theatre room, guest suites, visitor parking, and a beautifully landscaped outdoor terrace with BBQs. Just steps to Don Mills Subway Station, Fairview Mall, T&T Supermarket, FreshCo, restaurants, parks, the library, and community centre, with quick access to Highways 401, 404, and the DVP. Leave the car parked more often, everything you need is practically around the corner. A fantastic opportunity to lease in one of North York's most convenient and sought-after communities. Tenant to pay hydro and obtain tenant insurance. Rental application, full credit report with score, employment letter, recent pay stubs, references, and photo ID required.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13580498
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Sheppard and Don Mills
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Exposure
- South
- Days on market
- 2
- Listing brokerage
- PROPERTY.CA INC.
Rooms
Large Window
Laminate
Stainless Steel Appl
Combined w/Living
Listed at $2,450/mo, this rental is about 7% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
Based on 39 similar rentals nearby, adjusted for size, beds, and baths.Median of 39 comparable active listings, adjusted for size, beds, and baths.
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 $2,600/mo
- Bathrooms −$100/mo
- Adjusts to $2,500/mo
That comparable adjusts to $2,500/mo; the $2,300/mo estimate above is the median of all 39 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
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. Helen Lu Road is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2,300/mo, median of 39 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Weigh carefully
- Lifestyle
- Value driver
- Worth verifying
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 homesNot enough sq ft data to place this home on the area price curve.
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
Walker's ParadiseA 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: Helen Lu Road, about 147 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,960 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12
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
- Toronto municipal land transfer tax
- $12
- Estimated closing costs
- $25
Plus your down payment of $490. 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
- $628
- Principal paid down
- $250
- Interest paid
- $378
- Balance remaining
- $1,710
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.