1604-62 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13778148

$489,900
For Sale
Listed 36 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Enjoy exceptional convenience at Sheppard and Don Mills, directly across from Fairview Mall and just steps to the subway and TTC.
  • Easy access to Highways 401, 404 and the DVP makes commuting convenient, while nearby schools, a public library and a community centre put everyday essentials within...
  • Residents enjoy an excellent selection of amenities, including concierge service, an exercise room, indoor pool, party and meeting room, games room and guest suites.

Enjoy exceptional convenience at Sheppard and Don Mills, directly across from Fairview Mall and just steps to the subway and TTC. This suite features a spacious den with the flexibility to serve as a home office or potential second bedroom, along with a large balcony perfect for relaxing outdoors. Easy access to Highways 401, 404 and the DVP makes commuting convenient, while nearby schools, a public library and a community centre put everyday essentials within reach. Residents enjoy an excellent selection of amenities, including concierge service, an exercise room, indoor pool, party and meeting room, games room and guest suites.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13778148
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Sheppard/Don Mills
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$618/mo
Exposure
East
Property tax
$2,570 / 2026
Days on market
36
Listing brokerage
AIMHOME REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K

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 · 1.0 km awayBelow the GTA average · 45% meet the provincial standard
Forest Manor Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Forest Manor Public School · Public elementary0.4 km · 64% at standard
Shaughnessy Public School · Public elementary0.6 km · 68% at standard
Muirhead Public School · Public elementary0.8 km · 35% at standard
Dallington Public School · Public elementary0.8 km · 44% at standard
North East Secondary Alternative School · Public secondary1.0 km
Georges Vanier Secondary School · Public secondary1.2 km · 65% at standard
Kingslake Public School · Public elementary1.2 km · 55% at standard
Lescon Public School · Public elementary1.3 km · 44% at standard
Rene Gordon (Elementary) School · Public elementary1.4 km · 71% at standard
Brian Public School · Public elementary1.4 km · 70% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.5 km · 75% at standard
Donview Middle School · Public elementary1.5 km · 63% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,233/mo
$107KIncome needed
4.6×Price ÷ income
$515Weekly cost
$12,546Land transfer tax, one-time (Ontario + Toronto)
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.

73%mortgage
Mortgage $2,233Property tax $214Condo fee $618Total carry $3,065

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,167per month

Mortgage amount $391,920 · 4.49% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$2,999Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$214
Condo / maintenance fees
$618
Heating
$0
Estimated monthly cost
$2,999

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

One-time closing costs

Ontario land transfer tax
$6,273
Toronto municipal land transfer tax
$6,273
Estimated closing costs
$12,546

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,178Total interest paid
$650,098Total of all payments
Principal $391,920 Interest $258,178
YearPrincipalInterestBalance
1$8,746$17,258$383,174
2$9,143$16,861$374,031
3$9,558$16,446$364,473
4$9,992$16,012$354,481
5$10,446$15,558$344,035
6$10,920$15,084$333,114
7$11,416$14,588$321,698
8$11,934$14,070$309,764
9$12,476$13,528$297,288
10$13,043$12,961$284,245
11$13,635$12,369$270,610
12$14,254$11,750$256,356
13$14,901$11,103$241,455
14$15,578$10,426$225,878
15$16,285$9,719$209,593
16$17,024$8,980$192,568
17$17,797$8,207$174,771
18$18,605$7,398$156,166
19$19,450$6,554$136,715
20$20,333$5,671$116,382
21$21,257$4,747$95,126
22$22,222$3,782$72,904
23$23,231$2,773$49,673
24$24,285$1,719$25,388
25$25,388$616$0

At the end of your 5-year term

Total paid over the term
$130,020
Principal paid down
$47,885
Interest paid
$82,134
Balance remaining
$344,035

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$2,050/mo
$24,600Gross annual rent
2.3%Cap rate after taxes and upkeep

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.

5.0%
Gross yield
− Property tax $2,570− Condo fees $7,410− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,313

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

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