419-38 Forest Manor Road, Toronto, ON
Henry Farm, Toronto · MLS® C13722784
About this home
In short
- Welcome to The Point at Emerald City.
- This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 830 sq ft of thoughtfully designed living space plus an impressive 163 sq ft private balcony.
- Enjoy 9' ceilings, floor-to-ceiling windows, an open-concept layout and a modern kitchen with contemporary finishes.
- Exceptional building amenities include 24-hour concierge, indoor pool, fitness centre, yoga studio, theatre/media room, party and meeting spaces, guest suites and...
- Unbeatable location just steps to Don Mills TTC Subway, Fairview Mall, FreshCo, T&T, parks, schools and community amenities, with quick access to Hwy 401, 404 and the...
Welcome to The Point at Emerald City! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 830 sq ft of thoughtfully designed living space plus an impressive 163 sq ft private balcony. Enjoy 9' ceilings, floor-to-ceiling windows, an open-concept layout and a modern kitchen with contemporary finishes. The northwest exposure provides an abundance of natural light and an open outlook. Includes 1 underground parking space. Exceptional building amenities include 24-hour concierge, indoor pool, fitness centre, yoga studio, theatre/media room, party and meeting spaces, guest suites and outdoor terrace areas. Unbeatable location just steps to Don Mills TTC Subway, Fairview Mall, FreshCo, T&T, parks, schools and community amenities, with quick access to Hwy 401, 404 and the DVP. A fantastic opportunity to live in one of North York's most connected communities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13722784
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Sheppard/ Don Mills
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $767/mo
- Exposure
- North West
- Property tax
- $3,609 / 2026
- Days on market
- 52
- Listing brokerage
- RE/MAX EXPERTS
Rooms
closet · laminate
combined w/dining · nw view · laminate
combined w/living · stainless steel appl · laminate
4 Pc Ensuite
Listed at $579,900. Going by how homes in Henry Farm and the wider GTA have actually closed against their asking prices (about 98%, 30 local closings in 90 days), the likely sale price is near $566K, if it sells. A realistic range is $533K to $612K.
Independent value check: $647K. Without looking at the asking price, our model values the home itself about 12% above the ask (homes like it typically land between $602K and $681K).
Why $647K. The typical condo sold in Henry Farm over the past year went for about $500K (172 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,609 a year; the typical home sold here pays about $2,500.
- ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 600 to 699.
- ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
Total price vs nearby homes. Likely closing about $566K, from 30 recent closings in this pocket.
The market behind the math:
About 3.2 months of inventory: 32 condo apartment homes for sale in the area against 30 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $611/sqft against an area asking average of $654/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $574K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 30 comparable homes that sold in Henry Farm over the past two years, from 382 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $664/sqft; this home lists at $611/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Henry Farm: $434K in September 2026, down 16% from a year ago, on 171 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $576K | 17 |
| November 2025 | $478K | 11 |
| December 2025 | $534K | 14 |
| January 2026 | $505K | 12 |
| February 2026 | $551K | 8 |
| March 2026 | $509K | 21 |
| April 2026 | $473K | 15 |
| May 2026 | $441K | 24 |
| June 2026 | $465K | 19 |
| July 2026 | $444K | 10 |
| August 2026 | $443K | 7 |
| September 2026 | $434K | 13 |
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $463,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,565
- Property tax
- $301
- Condo / maintenance fees
- $767
- Heating
- $0
- Estimated monthly cost
- $3,633
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,073
- Toronto municipal land transfer tax
- $8,073
- Estimated closing costs
- $16,146
Plus your down payment of $115,980. 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
- $153,906
- Principal paid down
- $56,682
- Interest paid
- $97,223
- Balance remaining
- $407,238
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 numbersThe last 367 whole-home leases in Henry Farm signed at a median of $2,576 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,006. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.