2707-70 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13826614

$568,000
For Sale
Listed 25 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Spectacular 1+1 Suite Located In The Prestigious Emerald City Community. unobstructed west views of the Toronto skyline and sunsets.
  • Spanning 735 sq. ft. of interior space plus a massive 118 sq. ft. private balcony, this unit is larger than many two-bedroom layouts.
  • Den Can Be Easily Converted To 2nd Bedroom .Key features include: -Open Concept Kitchen with granite counters and stainless steel appliances.9' Ceiling - Prime...

Spectacular 1+1 Suite Located In The Prestigious Emerald City Community. unobstructed west views of the Toronto skyline and sunsets. Spanning 735 sq. ft. of interior space plus a massive 118 sq. ft. private balcony, this unit is larger than many two-bedroom layouts. Den Can Be Easily Converted To 2nd Bedroom .Key features include: -Open Concept Kitchen with granite counters and stainless steel appliances.9' Ceiling - Prime location with direct subway access - Steps from Fairview Mall, cafes, restaurants, Cineplex, the library, top schools, and parks with easy access to Highways 401 and 404Pool, hot tub, rooftop terrace, fully equipped gym, party rooms, a kids' play area, and more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13826614
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Don Mills / Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$678/mo
Exposure
West
Property tax
$2,916 / 2026
Days on market
25
Listing brokerage
CENTURY 21 LANDUNION REALTY INC.

Rooms

Dining RoomMain5.91 × 3.25 m

combined w/living · laminate · west view

KitchenMain3.98 × 3.32 m

centre island · granite counters · ceramic backsplash

DenMain3.34 × 2.85 m

separate room · laminate · french doors

Primary BedroomMain3.65 × 2.85 m

large closet · large window · broadloom

Living RoomMain5.91 × 3.25 m

open concept · laminate · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$554Klikely sale price

Listed at $568,000. 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 $554K, if it sells. A realistic range is $522K to $600K.

Independent value check: $488K. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $454K and $513K).

Why $488K. The typical condo sold in Henry Farm over the past year went for about $500K (172 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,916 a year; the typical home sold here pays about $2,500.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$522KBelow recent closings$600KAbove recent closings

Total price vs nearby homes. Likely closing about $554K, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$448Kmedian sold price
99%of asking, on average
−16%prices vs a year ago
~28 dayshomes like this take to sell
25days on market so far
$2,498/moest. rent · 516 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.8 months of inventory: 58 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $758/sqft against an area asking average of $725/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 $520K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($758/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 30 comparable homes that sold in Henry Farm over the past two years, from 382 closings there.

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$576K17
November 2025$478K11
December 2025$534K14
January 2026$505K12
February 2026$551K8
March 2026$509K21
April 2026$473K15
May 2026$441K24
June 2026$465K19
July 2026$444K10
August 2026$443K7
September 2026$434K13

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
Moss Park
$549K
Kensington-Chinatown
$585K

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 elementary0.7 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 secondary1.1 km · 65% at standard
Kingslake Public School · Public elementary1.1 km · 55% at standard
Lescon Public School · Public elementary1.2 km · 44% at standard
Brian Public School · Public elementary1.4 km · 70% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.4 km · 75% at standard
Rene Gordon (Elementary) School · Public elementary1.5 km · 71% at standard
Donview Middle School · Public elementary1.6 km · 63% at standard

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

Affordability & Mortgage

Affordability
$2,589/mo
$123KIncome needed
4.6×Price ÷ income
$597Weekly cost
$15,670Land 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.

74%mortgage
Mortgage $2,589Property tax $243Condo fee $678Total carry $3,510

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)
$2,512per month

Mortgage amount $454,400 · 4.49% over 25 years

$113,600Down payment (20.0%)
$454,400Loan before insurance
$0CMHC premium
$3,433Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,512
Property tax
$243
Condo / maintenance fees
$678
Heating
$0
Estimated monthly cost
$3,433

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

One-time closing costs

Ontario land transfer tax
$7,835
Toronto municipal land transfer tax
$7,835
Estimated closing costs
$15,670

Plus your down payment of $113,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,041/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

$299,337Total interest paid
$753,737Total of all payments
Principal $454,400 Interest $299,337
YearPrincipalInterestBalance
1$10,140$20,009$444,260
2$10,601$19,549$433,659
3$11,082$19,067$422,577
4$11,585$18,564$410,992
5$12,111$18,038$398,881
6$12,661$17,488$386,220
7$13,236$16,914$372,984
8$13,837$16,313$359,147
9$14,465$15,684$344,682
10$15,122$15,028$329,560
11$15,809$14,341$313,751
12$16,526$13,623$297,225
13$17,277$12,873$279,948
14$18,061$12,088$261,887
15$18,881$11,268$243,006
16$19,738$10,411$223,268
17$20,635$9,515$202,633
18$21,572$8,578$181,062
19$22,551$7,599$158,511
20$23,575$6,575$134,936
21$24,645$5,504$110,291
22$25,764$4,385$84,526
23$26,934$3,215$57,592
24$28,157$1,993$29,435
25$29,435$714$0

At the end of your 5-year term

Total paid over the term
$150,747
Principal paid down
$55,519
Interest paid
$95,228
Balance remaining
$398,881

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
From 516 whole-home leases in Henry Farm$2,498/mo
$29,976Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,373 to $2,623Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 516 whole-home leases in Henry Farm signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,498. 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.

5.3%
Gross yield
− Property tax $2,916− Condo fees $8,141− Insurance $600− Vacancy & upkeep $3,297Net operating income $15,022

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LANDUNION REALTY INC.. MLS®/PropTx.

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