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$579,900
DOM56days38 Forest Manor Road · Toronto · Ontario M2J 1M5
56 days on market
Welcome to The Point at Emerald City! This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 830 sq ft of thoughtfully designed living space plus an impressive 163 sq ft private balcony. Enjoy 9' ceilings, floor-to-ceiling windows, an open-concept layout and a modern kitchen with contemporary finishes. The northwest exposure provides an abundance of natural light and an open outlook. Includes 1 underground parking space. Exceptional building amenities include 24-hour concierge…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX EXPERTS
Source: TRREB/PROPTX · MLS® C13722784
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~950 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) | $26,400 | $2,200/mo |
| Government & taxes | ||
| Property tax | $3,609 | $301/mo |
| Land transfer tax(closing) | $8,073 | $673/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%) | $5,799 | $483/mo |
| Condo fees | ||
| Condo / HOA fees | $9,200 | $767/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 | $63,741 | $5,312/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.