38 Forest Manor Road Unit 201, Toronto C15

Price: $399,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13243084

Welcome to this spacious and beautifully designed 2-bedroom, 2-bathroom suite at The Point in Emerald City. Conveniently located on a low floor, you'll enjoy easy access without the hassle of long elevator waits. Includes one parking space.This family-sized, move-in-ready home features soaring 10-foot ceilings and wide-plank laminate flooring throughout, offering a stylish, carpet-free living environment that is both modern and easy to maintain. The bright open-concept living and dining area is ideal for everyday living and entertaining, with direct access to a covered balcony for year-round enjoyment.Residents enjoy an impressive selection of amenities, including a welcoming lobby with concierge service, party room, dining room, fitness centre, yoga studio, theatre room, multipurpose room with lounge and billiards, private dining room with a warming kitchen, and a guest suite for visiting family and friends.Enjoy unmatched convenience with Fresco Supermarket located right in the complex-simply take the elevator down after work to pick up groceries, making daily errands effortless and saving you valuable time. You'll also be just steps from TTC transit, Fairview Mall, restaurants, parks, schools, and other everyday essentials.Ideally located in one of North York's most sought-after communities, this exceptional home offers the perfect blend of comfort, convenience, and lifestyle.Currently renting? Why pay your landlord's mortgage when you can start building your own equity? Take the first step toward homeownership and make this beautiful suite your new home today!

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New Listing
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$399,000 - 38 Forest Manor Road Unit 201, Bayview Village

Condo for Sale in Bayview Village

New — Listed 2 days ago
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13243084
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this spacious and beautifully designed 2-bedroom, 2-bathroom suite at The Point in Emerald City. Conveniently located on a low floor, you'll enjoy easy access without the hassle of long elevator waits. Includes one parking space.This family-sized, move-in-ready home features soaring 10-foot ceilings and wide-plank laminate flooring throughout, offering a stylish, carpet-free living environment that is both modern and easy to maintain. The bright open-concept living and dining area is ideal for everyday living and entertaining, with direct access to a covered balcony for year-round enjoyment.Residents enjoy an impressive selection of amenities, including a welcoming lobby with concierge service, party room, dining room, fitness centre, yoga studio, theatre room, multipurpose room with lounge and billiards, private dining room with a warming kitchen, and a guest suite for visiting family and friends.Enjoy unmatched convenience with Fresco Supermarket located right in the complex-simply take the elevator down after work to pick up groceries, making daily errands effortless and saving you valuable time. You'll also be just steps from TTC transit, Fairview Mall, restaurants, parks, schools, and other everyday essentials.Ideally located in one of North York's most sought-after communities, this exceptional home offers the perfect blend of comfort, convenience, and lifestyle.Currently renting? Why pay your landlord's mortgage when you can start building your own equity? Take the first step toward homeownership and make this beautiful suite your new home today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

38 Forest Manor Road Unit 201, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,379

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 $570/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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