2912-70 Forest Manor Road, Toronto, ON

Henry Farm, Toronto · MLS® C13832662

$698,000
For Sale
Listed 23 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
2Garage
800-899Sq ft

About this home

In short

  • Luxury & Spacious Condominium With Fabulous Unobstructed Views.
  • Located just steps from Don Mills Subway Station on P1, offering direct and easy access to transit and the TTC network.
  • Steps to Fairview Mall, T&T Supermarket, schools, community centres, parks, restaurants, shops and everyday amenities.
  • Easy access to Highway 404 and Highway 401 makes commuting throughout the GTA convenient.

Luxury & Spacious Condominium With Fabulous Unobstructed Views! Bright and well-maintained unit featuring a functional and spacious layout, offering comfortable living in a highly convenient North York location. **Two privately owned parking spaces** and one locker provide exceptional convenience and storage.Located just steps from Don Mills Subway Station on P1, offering direct and easy access to transit and the TTC network. Steps to Fairview Mall, T&T Supermarket, schools, community centres, parks, restaurants, shops and everyday amenities. Easy access to Highway 404 and Highway 401 makes commuting throughout the GTA convenient.Enjoy the convenience of being close to everything while living in a well-established residential community. An excellent opportunity for end users, families or investors looking for space, parking and outstanding accessibility in North York.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13832662
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
SHEPPARD / DON MILLS
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$863/mo
Exposure
North East
Property tax
$3,606 / 2026
Days on market
23
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain3.48 × 2.80 m
Living RoomMain6.48 × 3.57 m
Bedroom 2Main2.80 × 3.18 m
Dining RoomMain6.48 × 3.57 m
BedroomMain3.15 × 3.40 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$681Klikely sale price

Listed at $698,000. 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 $681K, if it sells. A realistic range is $642K to $737K.

Independent value check: $646K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $601K and $679K).

Why $646K. 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 $3,606 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it stronglyIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
List price
$642KBelow recent closings$737KAbove recent closings

Total price vs nearby homes. Likely closing about $681K, 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
23days on market so far
$2,852/moest. rent · 19 leases
4.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.6 months of inventory: 46 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 $822/sqft against an area asking average of $686/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 $631K. 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.

  • 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 26 homes sold in this building over the past two years, from 382 closings in Henry Farm.

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
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 elementary0.7 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
$3,181/mo
$150KIncome needed
4.6×Price ÷ income
$734Weekly cost
$20,870Land 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 $3,181Property tax $301Condo fee $863Total carry $4,344

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)
$3,087per month

Mortgage amount $558,400 · 4.49% over 25 years

$139,600Down payment (20.0%)
$558,400Loan before insurance
$0CMHC premium
$4,251Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,087
Property tax
$301
Condo / maintenance fees
$863
Heating
$0
Estimated monthly cost
$4,251

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

One-time closing costs

Ontario land transfer tax
$10,435
Toronto municipal land transfer tax
$10,435
Estimated closing costs
$20,870

Plus your down payment of $139,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,737/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

$367,847Total interest paid
$926,247Total of all payments
Principal $558,400 Interest $367,847
YearPrincipalInterestBalance
1$12,461$24,589$545,939
2$13,027$24,023$532,912
3$13,618$23,432$519,294
4$14,237$22,813$505,057
5$14,883$22,167$490,174
6$15,559$21,491$474,615
7$16,265$20,785$458,350
8$17,004$20,046$441,346
9$17,776$19,274$423,570
10$18,583$18,467$404,987
11$19,427$17,623$385,560
12$20,309$16,741$365,252
13$21,231$15,819$344,021
14$22,195$14,855$321,826
15$23,203$13,847$298,624
16$24,256$12,794$274,368
17$25,357$11,693$249,010
18$26,509$10,541$222,502
19$27,712$9,338$194,789
20$28,970$8,079$165,819
21$30,286$6,764$135,533
22$31,661$5,389$103,872
23$33,098$3,951$70,774
24$34,601$2,449$36,172
25$36,172$878$0

At the end of your 5-year term

Total paid over the term
$185,249
Principal paid down
$68,226
Interest paid
$117,023
Balance remaining
$490,174

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 19 whole-home leases in Henry Farm$2,852/mo
$34,224Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,709 to $2,995Typical 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 19 whole-home leases in Henry Farm signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,852. 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.

4.9%
Gross yield
− Property tax $3,606− Condo fees $10,351− Insurance $600− Vacancy & upkeep $3,765Net operating income $15,902

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

CallRequest a showing