5 Parkway Forest Drive, Unit 517, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Henry Farm. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $585,000 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
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Carpet Free, Separate Heating Controls
- equipped with central air central cooling and highly efficient water heating via gas
Description
Welcome to this beautifully updated and spacious corner unit, ideally situated in a well-maintained condominium and filled with an abundance of natural light. This desirable and versatile layout offers **3 generously sized bedrooms plus a bright solarium**, perfect for use as a **fourth bedroom, home office or cozy sitting area**, along with **1 full and 1 half washrooms**. One of the building's few units featuring **central air conditioning with water-cooled forced-air heating and cooling**, this home offers year-round comfort and convenience. Laminate flooring throughout adds as clean, modern feel. **One parking space is included**, with the option to purchase a **second parking space at a low cost**. Maintenance fees provide exceptional value and include **all utilities, cable and internet**. Enjoy an unbeatable location within walking distance to **schools, parks, community centres, Fairview Mall, Don Mills Subway Station, the library, supermarket and medical clinics**. With easy access to **Highways 401 and 404, the Don Valley Parkway, GO Transit, and nearby hospitals**, this home combines comfort, convenience, and connectivity-making it an excellent opportunity for families, professionals, or those seeking a spacious and well-connected urban lifestyle.
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Property Summary
This condo apartment located at 5 Parkway Forest Drive, Toronto is currently for sale and has been available for 0 days. This property is listed at $585,000 with an estimated mortgage of $1,947* per month. It has 4 beds, 2 bathrooms, and is 1000-1199 square feet. 5 Parkway Forest Drive, Toronto is in the Henry Farm neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Henry Farm, Toronto.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Henry Farm, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Separate Heating Controls
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 4-bedroom condo apartment at 5 Parkway Forest Drive, Unit 517, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $1,947*/month*. Estimated Ontario Land Transfer Tax: $16,350. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 5 Parkway Forest Drive, Unit 517, Toronto, ON
Q.What is the asking price for 5 Parkway Forest Drive, Unit 517, Toronto, ON ?
The current listing price for 5 Parkway Forest Drive, Unit 517, Toronto, ON in Henry Farm, Toronto is $585,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 5 Parkway Forest Drive, Unit 517, Toronto, ON ?
5 Parkway Forest Drive, Unit 517, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Separate Heating Controls.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Henry Farm, Toronto
116 assaults (468.1/100k)
19 B&E (76.7/100k)
44 thefts (177.6/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 5 Parkway Forest Drive 517, Toronto, 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 $585,000 in Toronto, the legal minimum down payment is $33,500 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 $8,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,175 also applies, bringing the total estimated land transfer taxes to $16,350.
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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.
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