5 Parkway Forest Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Henry Farm. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Storage
- equipped with window unit(s) central cooling and highly efficient baseboard heating via other
Description
3+1 Bed | 2 Bath | Corner Unit at Don Mills & Sheppard. Welcome to a bright and spacious corner unit offering over 1000 sq. ft of thoughtfully designed living space with stunning unobstructed views. Overlooking the tennis courts and playground, this unit is more than a home-it's a lifestyle. Step inside to find a sun-soaked open-concept living and dining area, perfect for entertaining or winding down after a long day. The versatile den offers endless possibilities: create your dream home office, children's playroom, guest nook, or cozy sunroom retreat. The spacious kitchen features modern stainless steel appliances, ample counter space for your culinary creations, and a storage room with custom cabinetry and laundry- doubling perfectly as a pantry. Thoughtful storage continues in the large primary bedroom, complete with a walk-in closet and a private ensuite. Families, downsizers, and savvy investors will appreciate the three generous bedrooms, smart layout, and a tenant willing to stay if you're looking for a turn-key investment. Located in a well-maintained building with resort-style amenities including an outdoor pool, tennis courts, sauna, and playground , and the maintenance fees cover heat, hydro, water, cable, internet, building insurance and common elements - giving you peace of mind and exceptional value. Whether your taking your first step into homeownership, finding the perfect family-friendly space, or securing a smart investment, this unit is the one you've been waiting for. Steps from Fairview Mall, Don Mills Subway Station, schools, parks, and easy access to the 401/404. Come home to comfort, convenience, and community-right in the heart of Don Mills.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Park, Place Of Worship, Public Transit, School
Interior Features
Carpet Free, Storage
Security Features
Security System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Parkway Forest Drive 801, Toronto C15, ON M2J 1L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $550,000 in Toronto, the legal minimum down payment is $30,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,475 also applies, bringing the total estimated land transfer taxes to $14,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
