1109-5 Parkway Forest Drive, Toronto, ON

Henry Farm, Toronto · MLS® C13804790

$368,900
For Sale
Listed 31 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
1Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this Well Maintained, Spacious and Sun-Filled unit at 5 Parkway Forest Drive, An Excellent Opportunity to Update or Renovate this 1,000sf plus Unit with 2...
  • Residents Enjoy Exclusive Amenities like Outdoor Pool, Dual Saunas, Tennis Court, and Playground.
  • Situated in a Renovated Building with a Good Management Team that offers Peace of Mind and Convenience.
  • Within a 10-minute walk to Forest Manor Public School, Shaughnessy Public School, plus other Catholic and High Schools.
  • Located Just Minutes from Don Mills Station, Fairview Mall, Major Highways (401/404/DVP), TTC Express Routes, GO Station, and Much More...

Welcome to this Well Maintained, Spacious and Sun-Filled unit at 5 Parkway Forest Drive, An Excellent Opportunity to Update or Renovate this 1,000sf plus Unit with 2 Large Bedroom + Sunroom to your Own Taste. Residents Enjoy Exclusive Amenities like Outdoor Pool, Dual Saunas, Tennis Court, and Playground. Situated in a Renovated Building with a Good Management Team that offers Peace of Mind and Convenience. Within a 10-minute walk to Forest Manor Public School, Shaughnessy Public School, plus other Catholic and High Schools. Located Just Minutes from Don Mills Station, Fairview Mall, Major Highways (401/404/DVP), TTC Express Routes, GO Station, and Much More...

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13804790
Bedrooms
2+1 (3 total)
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Don Mills & Sheppard
Parking
1 garage (underground)
Basement
Other
Heating
Baseboard
A/C
Other
Exterior
Concrete
Maintenance
$807/mo
Exposure
East
Property tax
$1,527 / 2026
Days on market
31
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Bedroom 2Main3.84 × 2.52 m
Dining RoomMain3.35 × 2.40 m

tile floor · window · w/o to sunroom

Bedroom 2Main3.80 × 2.50 m

broadloom · closet · window

Primary BedroomMain3.95 × 3.15 m

broadloom · closet · window

LaundryMain2.75 × 2.40 m

tile floor · closet

Primary BedroomMain3.99 × 3.20 m
SunroomMain2.70 × 2.50 m

broadloom · sliding doors · juliette balcony

Living RoomMain6.00 × 3.20 m

broadloom · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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 · 1.6 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 elementary0.3 km · 64% at standard
Shaughnessy Public School · Public elementary0.5 km · 68% at standard
Rene Gordon (Elementary) School · Public elementary0.9 km · 71% at standard
Dallington Public School · Public elementary1.2 km · 44% at standard
Donview Middle School · Public elementary1.2 km · 63% at standard
Muirhead Public School · Public elementary1.3 km · 35% at standard
Fenside Public School · Public elementary1.4 km · 72% at standard
North East Secondary Alternative School · Public secondary1.6 km
Lescon Public School · Public elementary1.7 km · 44% at standard
Georges Vanier Secondary School · Public secondary1.7 km · 65% at standard
Kingslake Public School · Public elementary1.8 km · 55% at standard
Brian Public School · Public elementary1.9 km · 70% at standard

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

Affordability & Mortgage

Affordability
$1,681/mo
$87KIncome needed
4.3×Price ÷ income
$388Weekly cost
$8,017Land 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.

64%mortgage
Mortgage $1,681Property tax $127Condo fee $807Total carry $2,616

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)
$1,632per month

Mortgage amount $295,120 · 4.49% over 25 years

$73,780Down payment (20.0%)
$295,120Loan before insurance
$0CMHC premium
$2,566Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,632
Property tax
$127
Condo / maintenance fees
$807
Heating
$0
Estimated monthly cost
$2,566

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

One-time closing costs

Ontario land transfer tax
$4,009
Toronto municipal land transfer tax
$4,009
Estimated closing costs
$8,017

Plus your down payment of $73,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,975/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

$194,411Total interest paid
$489,531Total of all payments
Principal $295,120 Interest $194,411
YearPrincipalInterestBalance
1$6,586$12,995$288,534
2$6,885$12,696$281,649
3$7,197$12,384$274,452
4$7,524$12,057$266,928
5$7,866$11,715$259,062
6$8,223$11,358$250,839
7$8,596$10,985$242,242
8$8,987$10,595$233,256
9$9,395$10,187$223,861
10$9,821$9,760$214,040
11$10,267$9,314$203,773
12$10,733$8,848$193,039
13$11,221$8,361$181,819
14$11,730$7,851$170,088
15$12,263$7,318$157,826
16$12,820$6,762$145,006
17$13,402$6,180$131,604
18$14,010$5,571$117,594
19$14,646$4,935$102,948
20$15,311$4,270$87,637
21$16,006$3,575$71,631
22$16,733$2,848$54,897
23$17,493$2,088$37,405
24$18,287$1,294$19,117
25$19,117$464$0

At the end of your 5-year term

Total paid over the term
$97,906
Principal paid down
$36,058
Interest paid
$61,848
Balance remaining
$259,062

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$3,400/mo
$40,800Gross annual rent
6.6%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.

11.1%
Gross yield
− Property tax $1,527− Condo fees $9,685− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,500

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

CallRequest a showing