38 Forest Manor Road Unit 414, Toronto C15

Price: $519,990

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13048380

Welcome to this thoughtfully designed 1 bedroom + den, 2 full bathroom condo offering approximately 657 sq.ft. of modern, functional living space-perfect for professionals, couples, or anyone seeking comfort and convenience in a well-connected location. Featuring wide-plank laminate flooring throughout with no carpet, this suite offers a clean, contemporary feel that's also easy to maintain.The L-shaped dine-in kitchen is both stylish and practical, complete with a built-in cooktop and wall oven, built-in over-the-range microwave, integrated dishwasher, and stainless steel fridge. With generous counter space and a smart layout, it's ideal for everyday cooking as well as hosting friends or family. The open-concept living and dining area is bright and inviting, with direct access to a covered balcony showcasing clear south-facing views of CN Tower and a perfect spot to unwind, enjoy your morning coffee, or take in the natural light throughout the day. The spacious primary bedroom offers comfort and privacy and its own ensuite bathroom, while the versatile enclosed den can easily function as a home office, reading nook, or guest bedroom. With two full bathrooms, this layout provides added flexibility and convenience for both daily living and entertaining. Additional features include one underground parking space and one locker, along with access to an impressive range of building amenities, including an indoor pool and hot tub, fully equipped gym, movie theatre, party room, games room, concierge/security, outdoor BBQ area, and free visitor parking. The building offers direct underground access to Freshco. Ideally situated near major routes including the Don Valley Parkway, Highways 401 and 404, and just minutes from public transit and shopping at Fairview Mall, this home offers the perfect balance of accessibility and lifestyle. A fantastic opportunity for end-users looking for a move-in-ready space in a vibrant and convenient neighbourhood.

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$519,990 - 38 Forest Manor Road Unit 414, Bayview Village

Condo for Sale in Bayview Village

50 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13048380
Property Type
Condo
Status
active
Days on Site
50
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
SKYLETTE MARKETING REALTY INC.
Description

Welcome to this thoughtfully designed 1 bedroom + den, 2 full bathroom condo offering approximately 657 sq.ft. of modern, functional living space-perfect for professionals, couples, or anyone seeking comfort and convenience in a well-connected location. Featuring wide-plank laminate flooring throughout with no carpet, this suite offers a clean, contemporary feel that's also easy to maintain.The L-shaped dine-in kitchen is both stylish and practical, complete with a built-in cooktop and wall oven, built-in over-the-range microwave, integrated dishwasher, and stainless steel fridge. With generous counter space and a smart layout, it's ideal for everyday cooking as well as hosting friends or family. The open-concept living and dining area is bright and inviting, with direct access to a covered balcony showcasing clear south-facing views of CN Tower and a perfect spot to unwind, enjoy your morning coffee, or take in the natural light throughout the day. The spacious primary bedroom offers comfort and privacy and its own ensuite bathroom, while the versatile enclosed den can easily function as a home office, reading nook, or guest bedroom. With two full bathrooms, this layout provides added flexibility and convenience for both daily living and entertaining. Additional features include one underground parking space and one locker, along with access to an impressive range of building amenities, including an indoor pool and hot tub, fully equipped gym, movie theatre, party room, games room, concierge/security, outdoor BBQ area, and free visitor parking. The building offers direct underground access to Freshco. Ideally situated near major routes including the Don Valley Parkway, Highways 401 and 404, and just minutes from public transit and shopping at Fairview Mall, this home offers the perfect balance of accessibility and lifestyle. A fantastic opportunity for end-users looking for a move-in-ready space in a vibrant and convenient neighbourhood.

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Estimate your monthly payments for this property

Estimated Payment

$2,667.82/mo

Includes CMHC insurance ($14,508)

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5-yr fixed avg.

Principal: $467,991Interest: $317,847
Mortgage Amount$482,499
Total Interest$317,847
Est. Property Tax$368/mo
Total Cost$800,345

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 414, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,334

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

Fair Market Value

At $867/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 50 days on site, this property has exceeded the typical selling timeline for Bayview Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 600 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.

Investment Perspective

Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    38 Forest Manor Road Unit 414 | $519,990 | Battaglia Team