5 Parkway Forest Drive Unit 1209, Toronto C15

Price: $399,900

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13106096

Priced to sell. Over 1000 sqft. Welcome to unit 1209 at 5 Parkway Forest Drive! This spacious, sun-filled, and perfectly located unit is being sold in AS-IS Condition! Incredible Opportunity to make this 1000+ Square Foot, 2 Large Bedroom unit your own. ALL utilities included in Maintenance Fee inclusive of Bell Fibe TV, 1.5 Gbps internet and parking! Enjoy exclusive access to amenities like a pool, dual saunas, tennis court, and playground. Unbeatable location for commuters, as the building just minutes from Don Mills Station, Fairview Mall, major highways (401/404/DVP), TTC express routes, GO station, and more!

5 Parkway Forest Drive Unit 1209 - Condo photo 1 of 1 in Hillcrest Village / Bayview Village, Ontario
active
1/1

$399,900 - 5 Parkway Forest Drive Unit 1209, Bayview Village

Condo for Sale in Bayview Village

41 days on market
3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13106096
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Ensuite
Exposure
East
Balcony
Juliette
Listing Brokerage
BIG CITY REALTY INC.
Description

Priced to sell. Over 1000 sqft. Welcome to unit 1209 at 5 Parkway Forest Drive! This spacious, sun-filled, and perfectly located unit is being sold in AS-IS Condition! Incredible Opportunity to make this 1000+ Square Foot, 2 Large Bedroom unit your own. ALL utilities included in Maintenance Fee inclusive of Bell Fibe TV, 1.5 Gbps internet and parking! Enjoy exclusive access to amenities like a pool, dual saunas, tennis court, and playground. Unbeatable location for commuters, as the building just minutes from Don Mills Station, Fairview Mall, major highways (401/404/DVP), TTC express routes, GO station, and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

5 Parkway Forest Drive Unit 1209, Hillcrest Village / Bayview Village

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,744

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 $400/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.

Market Position

At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

Similar Properties Nearby

Active listings in Toronto with similar features

Search
Log in
    5 Parkway Forest Drive Unit 1209 | $399,900 | Battaglia Team