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              For Sale 6 Days On Site

              #313 56 Forest Manor Road

              near Donmills/Sheppard
              $498,000 1+1bdr • 2ba • 1kit • 600-699sf
              Average Income
              n/a
              Population Age
              n/a
              School Score
              7.07/10
              Price Index Change 1y
              +12.17%
              Price Index Change 3y
              +29.36%
              Rent Index Change 1y
              -2.12%
              Rent Index Change 3y
              +15.28%

              Comm Element Condo • Apartment #313

              #313 56 Forest Manor Road, Henry Farm, Toronto
              • Rooms and Bathrooms 1+1 bedr, 2 bath
              • Kitchens 1
              • area 600-699
              • garage 0.0 Undergrnd
              • exposure S
              • age New
              • locker None
              • possession

                Immmediate

              $498,000

              $2,074.00
              Tax yr: 2020

              $332.61/m

              CALCULATED NUMBERS:

              $1869.00

              calculator

              $2100

              4

              67 Somewhat Walkable

              82 Excellent Transit

              53 Bikeable

              7.07/10

              Location Details
              • Toronto

              • Toronto

              • Henry Farm

              • Donmills/Sheppard

              • M2J1M6

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              HOMELIFE/FUTURE REALTY INC., BROKERAGE

              Property Overview
              Luxurious Condo 10 Foot Ceiling, 1 Bedroom +Flex Exact Sq Footage Is 623 +197 Sq Footage Of Terrace( Big Terrace.) Very Clean Unit For Sale, Emerald City Park Club Condo. Only 1 Year Old, Very Clean And Well Maintained Unit. Steps From Sheppard Line Subway, Mall, 404 /401
              Extras: S/S Fridge, Stove, Washer, Dryer, Dishwasher.
              Video tour available. Click to watch.
              Rooms details
              Living
              • Flat Level
              • W/O To Balcony
              • Laminate
              • Size 3.04x2.89
              Dining
              • Flat Level
              • Combined W/Kitchen
              • Laminate
              • Size 3.04x2.74
              Kitchen
              • Flat Level
              • Combined W/Dining
              • Size 3.04x2.74
              Master
              • Flat Level
              • Laminate
              • Closet
              • Ensuite Bath
              • Size 3.60x3.20
              Den
              • Flat Level
              • Laminate
              • Sliding Doors
              • 3 Pc Bath
              • Size 2.12x2.12
              Basement
              • None
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              • Listing added to site: 2020-10-17 15:22:26
              • Last updated: 2020-10-21 00:19:19
              • Photos updated: 2020-10-19
              • Contract date: 2020-10-17
              • Input date: 2020-10-17
              • Expiry date: 2020-12-31
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
              Have questions?

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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              313 56 Forest Manor Road is a comm element condo apartment, located in Henry Farm of city of Toronto, Toronto region, near Donmills/Sheppard, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 3 of the building and has South exposure of Forest Manor Rd. Condo registry office is TSCC, corporation number 2721.

              Lot Size and Living Area:

              313 56 Forest Manor Road has 5+1 rooms in total, including 1+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 600-699 square feet. 56 Forest Manor Road building is appriximately New years old. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Modern/Renovated/Well Maintained, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              313 56 Forest Manor Road comm element condo is listed for $498,000. Property tax for year 2020 was $2,074. And the monthly maintenance fee was $333.

              Comparative Market Analysis:

              There are similar 1+1 bedr comm element condo recently sold for an average Time Adjusted Selling Price of $521,721.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,869, and total expenses, including the mortgage, property tax and maintenance, fee around $2,070, assuming $498,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 313 56 Forest Manor Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Henry Farm, where 56 Forest Manor Road is located, has $611,014 Home Price Index, and $2,165 Home Rent Index.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,205, and average Home Rent Index $2,581.

              Similar Properties & Community Details:

              There are similar to 313 56 Forest Manor Road 1 bedr comm element condo condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 56 Forest Manor Road.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Henry Farm neighborhood in city of Toronto.

              Schools:

              There are at least 3 school(s) located near 56 Forest Manor Road, or schools, which boundaries this address belongs to with an average School Score 7.07 out of 10. Here are more details about these schools:
              1. Forest Manor Public School (Grades JK-05), Public, Elementary, ranked as Excellent.
              2. Woodbine Middle School (Grades 07-08), Public, Intermediate, ranked as Good.
              3. George S Henry Academy (Grades 09-12), Public, Secondary, ranked as Good.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 67, 82, and 53 accordingly, location of 56 Forest Manor Road overall can be described as Somewhat Walkable, Excellent Transit, and Bikeable.

              313 56 Forest Manor Road Listings History Powered by AIDA
              Henry Farm, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (105 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 16 to 20 properties like that to be sold in Henry Farm during the next 30 days.
              Seasonal sales fluctuation is showing 6% inventory increase comparing to the average annual number, which is equvalent to 16.92 properties sold per month, and 24% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 8 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 17% D.O.M. increase comparing to the average annual number, which is equvalent to 11 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.51% above its asking price in Henry Farm.
              The selling to asking price ratio is growing in Henry Farm.
              This property has been on the market for less than average number of days it takes a home to sell in Henry Farm (13.6) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4957739 Comparative Market Analysis
              313 56 Forest Manor Road Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Henry Farm, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +12.17% comparig to the City of Toronto average of +6.3%

              Price Index 3y

              Price Index change was +29.36% comparig to the City of Toronto average of +6.945%

              Rent Index 1y

              Rent Index change was -2.12% comparig to the City of Toronto average of +1.46%

              Rent Index 3y

              Rent Index change was +29.36% comparig to the City of Toronto average of +6.945%

              Walkscore

              Walkscore 67 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 82 out of 100 means Excellent Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.07 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $7,700 Cashback
              $512,900
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              Condo Fee

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              77

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              45

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              $549,900
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