5 Parkway Forest Drive, Toronto, ON

$299,900
MLS#:C13238982
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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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 $299,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Auto Garage Door Remote, In-Law Capability
  • equipped with wall unit(s), window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to 5 Parkway Forest Drive #G8, a rare and highly desirable ground-floor condo in Toronto's Henry Farm community-currently the only unit of its kind in the building-offering approximately 748 sq. ft. of fully renovated, senior-friendly, step-free living designed to maximize space, functionality, and comfort. This open-concept layout showcases brand new Turkish porcelain flooring throughout and a modern kitchen with stainless steel appliances, while extensive upgrades enhance livability and accommodate more residents with ease. The unit comes fully furnished with two 3-seater sofas and two Murphy beds (one queen, one double), with the second bedroom featuring its own Murphy bed and private enclosed balcony. California shutters are installed on all windows, complemented by elegant gold-accented fixtures and all-new doors, while climate control is optimized with three LG split A/C units with heating. A versatile laundry room includes an LG all-in-one washer/dryer, additional shelving for storage, and a secondary toilet for added convenience. Maintenance fees include all utilities, plus Bell Fibe TV and 1.5 Gbps high-speed internet, along with one underground parking space and access to premium amenities such as an outdoor pool, dual saunas, tennis court, playground, and party room. Located steps from Parkway Forest Park, Dallington Park, Havenbrook Park, and Betty Sutherland Trail Park, and surrounded by top schools including Forest Manor Public School, St. Timothy Catholic School, George S. Henry Academy, and Seneca College, this home is minutes from everyday conveniences like CF Fairview Mall, Parkway Forest Community Centre, Oriole Community Centre, and Toronto Public Library, with seamless transit via Don Mills Station and quick access to Highways 401 and 404-making it an exceptional opportunity for investors, growing families, or downsizers seeking turnkey, accessible living in a prime, well-connected location. **Listing Contains Virtually Staged Photos**

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold Conditional
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$1,251.78

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s), Window Unit(s)

Features

Property Features

Hospital, Park, Public Transit, Rec./Commun.Centre, School, Library

Interior Features

Carpet Free, Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor, Sauna, Water Heater, Storage

Security Features

Carbon Monoxide Detectors, Smoke Detector, Monitored

Community Features

Location

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5 Parkway Forest Drive, Toronto, ON
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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 G8, Toronto C15, ON M2J 1L2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$14,995 (5.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period25 Years
Estimated Monthly Payment$1,698Based on a loan of $284,905 over 25 years.
Purchase Price$299,900
Loan Amount$284,905
Provincial Land Transfer Tax:$2,974
Toronto Municipal Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$5,947

About Purchasing a Home in Toronto, ON

For a property listed at $299,900 in Toronto, the legal minimum down payment is $14,995 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 $2,974 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,974 also applies, bringing the total estimated land transfer taxes to $5,947.

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Henry Farm, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$632,205

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Timothy
Public25 Rochelle Crescent, Toronto, Ontario, M2J 1Y3
6.9
St Gerald
Public200 Old Sheppard Avenue, Toronto, Ontario, M2J 3L9
6.1
Sainte-Madeleine
Public1 Lynedock Crescent, Toronto, Ontario, M3A 2W1
7.0
St Isaac Jogues
Public1330 York Mills Road, Toronto, Ontario, M3A 1Z8
8.3
St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2

Secondary Schools

George S Henry
Public200 Graydon Hall Drive, Toronto, Ontario, M3A 3A6
2.3
Georges Vanier
Public3000 Don Mills Road, Toronto, Ontario, M2J 3B6
6.7
Sir John A Macdonald
Public2300 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 1H8
6.1
Victoria Park
Public15 Wallingford Road, Toronto, Ontario, M3A 2V1
6.6
Senator O’Connor
Public60 Rowena Drive, Toronto, Ontario, M3A 3R2
7.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.