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 brick construction, this residence presents an exceptional opportunity offered at $540,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to Unit 303 at 5 Parkway Forest Drive a spacious, bright (east-facing), and beautifully maintained 2-bedroom + den condo in the heart of North York. The den is officially registered and can serve as a 3rd bedroom or home office, offering flexibility to suit your lifestyle. This clean and well-kept unit features built-in wall-to-wall shelving, brand-new stainless steel kitchen appliances, and excellent natural light throughout. Located just steps from Fairview Mall, schools, the public library, and the Don Mills subway station, with 24-hour transit right at your doorstep. You're minutes to Highways 401, 404, and Seneca College a commuters dream! Enjoy low property taxes and low maintenance fees, which include all utilities: heat, hydro, water, Fibe internet, and cable TV. A perfect blend of comfort, convenience, and value in one of Torontos most connected neighbourhoods.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Parkway Forest Drive 303, 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 $540,000 in Toronto, the legal minimum down payment is $29,000 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 $7,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,275 also applies, bringing the total estimated land transfer taxes to $14,550.
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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.
