10 Parkway Forest Drive Unit 1603, Toronto C15

Price: $395,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13161538

Experience the perfect blend of modern style and ultimate convenience with this bright and spacious one-bedroom condo. Located in one of North York's most highly demanded neighbourhoods. The heart of the home is a dramatic sunken living room boasting high ceilings that create an airy, loft-like atmosphere. Large windows flood the space with natural light and lead out to a generous private balcony, where you can unwind and enjoy panoramic, south-facing views of the downtown skyline.The location offers an unbeatable urban lifestyle with a stellar transit and walkability score. You are just a short walk away from the subway, premium shopping at Fairview Mall, excellent schools, diverse restaurants, and daily grocery amenities. For commuters and professionals, the property provides effortless access to Highways 401, 404, and the DVP, and is just minutes from North York General Hospital and Seneca College.Whether you are a first-time buyer looking for a vibrant place to call home or an investor seeking a high-demand property in a prime growth hub, this condo ticks every box. Schedule your private viewing today to experience these views in person!

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active
New Listing
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$395,000 - 10 Parkway Forest Drive Unit 1603, Bayview Village

Condo for Sale in Bayview Village

New — Listed 3 days ago
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13161538
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
Keller Williams Energy Real Estate
Description

Experience the perfect blend of modern style and ultimate convenience with this bright and spacious one-bedroom condo. Located in one of North York's most highly demanded neighbourhoods. The heart of the home is a dramatic sunken living room boasting high ceilings that create an airy, loft-like atmosphere. Large windows flood the space with natural light and lead out to a generous private balcony, where you can unwind and enjoy panoramic, south-facing views of the downtown skyline.The location offers an unbeatable urban lifestyle with a stellar transit and walkability score. You are just a short walk away from the subway, premium shopping at Fairview Mall, excellent schools, diverse restaurants, and daily grocery amenities. For commuters and professionals, the property provides effortless access to Highways 401, 404, and the DVP, and is just minutes from North York General Hospital and Seneca College.Whether you are a first-time buyer looking for a vibrant place to call home or an investor seeking a high-demand property in a prime growth hub, this condo ticks every box. Schedule your private viewing today to experience these views in person!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,026.55/mo

Includes CMHC insurance ($11,021)

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5-yr fixed avg.

Principal: $355,500Interest: $241,446
Mortgage Amount$366,521
Total Interest$241,446
Est. Property Tax$280/mo
Total Cost$607,966

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Parkway Forest Drive Unit 1603, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$280
Insurance (est.)-$82
Net Cash Flow+$983

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $564/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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