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New5 days ago

1104 - 62 Forest Manor Road

Henry Farm, Toronto

$499,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to this well-maintained 1 Bedroom + Den suite at Dream Tower at Emerald City, steps from Don Mills Subway Station, Fairview Mall, and everyday amenities. This bright and functional unit offers an open-concept living and dining area with laminate flooring, a versatile den perfect as a home office or second bedroom, and an open balcony with East exposure. The kitchen features stainless steel appliances and ample cabinetry, ready for your personal touch. Includes one owned parking spot and one owned locker. Move-in ready with vacant possession for a flexible closing. Enjoy resort-style building amenities including 24-hour concierge, indoor pool, fully equipped gym, party/meeting room, and visitor parking. Unbeatable location with quick access to Highways 401, 404, and the DVP - perfect for first-time buyers, downsizers, or investors alike.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$618
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,570
mls© NumberC13675098
Listed ByHOME LEGEND REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$309
Housing costs
$3,232 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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