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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 $589,000 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.
Welcome to this inviting, bright, and spacious 1+1 bedroom condo where the den can easily serve as a second bedroom. With an open concept layout boasting 2 full baths and 9-foot ceilings, this space is ideal for entertaining. Enjoy over 604 sq ft of luxurious finishes indoors, complemented by over 121 sq ft of outdoor living space. Nestled within The Park Club Condos, this residence enjoys a prime location at Don Mills and Sheppard. Just a short walk away from Don Mills Subway Station and Fairview Mall, with easy access to the DVP and 401 Highways, convenience is at your doorstep. Nearby parks, schools, and North York General Hospital ensure you're well-connected to essentials.Take in unobstructed views while enjoying a plethora of amenities including a gym, yoga room, pools, heated stone bed, lounge, outdoor terrace, and concierge services. This is not just a home; it's a lifestyle upgrade.
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Data-driven valuation for 56 Forest Manor Road 1606, Toronto C15, ON M2J 1M6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $589,000 in Toronto, the legal minimum down payment is $33,900 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 $8,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,255 also applies, bringing the total estimated land transfer taxes to $16,510.
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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.