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$499,000
70 Forest Manor Road · Toronto · Ontario M2J 0A9
77 days on market
Welcome to this bright and beautifully updated condominium in Toronto's highly desirable Henry Farm community! Offering approximately 695 sq. ft. of thoughtfully designed living space, this spacious 1 Bedroom + Large Den, 1 Bathroom suite features an abundance of natural light with two-sided sun exposure, creating a warm and inviting atmosphere throughout. The generous den is ideal as a home office, guest room, or second bedroom. Freshly painted and enhanced with brand new flooring, a new stove,…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $31KPrice reduction
MLS shows the seller reduced the asking price by $31,000 (from $530,000 to $499,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: iCloud Realty Ltd.
Source: TRREB/PROPTX · MLS® C13649644
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $22,717 | $1,893/mo |
| Government & taxes | ||
| Property tax | $3,069 | $256/mo |
| Land transfer tax(closing) | $6,455 | $538/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,990 | $416/mo |
| Condo fees | ||
| Condo / HOA fees | $7,294 | $608/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $55,185 | $4,599/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.