5 Parkway Forest Drive Unit G8, Toronto C15

Price: $299,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13238982

Welcome to 5 Parkway Forest Drive #G8, a rare and highly desirable ground-floor condo in Toronto's Henry Farm community-currently the only unit of its kind in the building-offering approximately 748 sq. ft. of fully renovated, senior-friendly, step-free living designed to maximize space, functionality, and comfort. This open-concept layout showcases brand new Turkish porcelain flooring throughout and a modern kitchen with stainless steel appliances, while extensive upgrades enhance livability and accommodate more residents with ease. The unit comes fully furnished with two 3-seater sofas and two Murphy beds (one queen, one double), with the second bedroom featuring its own Murphy bed and private enclosed balcony. California shutters are installed on all windows, complemented by elegant gold-accented fixtures and all-new doors, while climate control is optimized with three LG split A/C units with heating. A versatile laundry room includes an LG all-in-one washer/dryer, additional shelving for storage, and a secondary toilet for added convenience. Maintenance fees include all utilities, plus Bell Fibe TV and 1.5 Gbps high-speed internet, along with one underground parking space and access to premium amenities such as an outdoor pool, dual saunas, tennis court, playground, and party room. Located steps from Parkway Forest Park, Dallington Park, Havenbrook Park, and Betty Sutherland Trail Park, and surrounded by top schools including Forest Manor Public School, St. Timothy Catholic School, George S. Henry Academy, and Seneca College, this home is minutes from everyday conveniences like CF Fairview Mall, Parkway Forest Community Centre, Oriole Community Centre, and Toronto Public Library, with seamless transit via Don Mills Station and quick access to Highways 401 and 404-making it an exceptional opportunity for investors, growing families, or downsizers seeking turnkey, accessible living in a prime, well-connected location. **Listing Contains Virtually Staged Photos**

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$299,900 - 5 Parkway Forest Drive Unit G8, Bayview Village

Condo for Sale in Bayview Village

Popular Listing
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13238982
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
None
Exposure
West
Balcony
Enclosed
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to 5 Parkway Forest Drive #G8, a rare and highly desirable ground-floor condo in Toronto's Henry Farm community-currently the only unit of its kind in the building-offering approximately 748 sq. ft. of fully renovated, senior-friendly, step-free living designed to maximize space, functionality, and comfort. This open-concept layout showcases brand new Turkish porcelain flooring throughout and a modern kitchen with stainless steel appliances, while extensive upgrades enhance livability and accommodate more residents with ease. The unit comes fully furnished with two 3-seater sofas and two Murphy beds (one queen, one double), with the second bedroom featuring its own Murphy bed and private enclosed balcony. California shutters are installed on all windows, complemented by elegant gold-accented fixtures and all-new doors, while climate control is optimized with three LG split A/C units with heating. A versatile laundry room includes an LG all-in-one washer/dryer, additional shelving for storage, and a secondary toilet for added convenience. Maintenance fees include all utilities, plus Bell Fibe TV and 1.5 Gbps high-speed internet, along with one underground parking space and access to premium amenities such as an outdoor pool, dual saunas, tennis court, playground, and party room. Located steps from Parkway Forest Park, Dallington Park, Havenbrook Park, and Betty Sutherland Trail Park, and surrounded by top schools including Forest Manor Public School, St. Timothy Catholic School, George S. Henry Academy, and Seneca College, this home is minutes from everyday conveniences like CF Fairview Mall, Parkway Forest Community Centre, Oriole Community Centre, and Toronto Public Library, with seamless transit via Don Mills Station and quick access to Highways 401 and 404-making it an exceptional opportunity for investors, growing families, or downsizers seeking turnkey, accessible living in a prime, well-connected location. **Listing Contains Virtually Staged Photos**

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Estimated Payment

$1,538.64/mo

Includes CMHC insurance ($8,367)

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5-yr fixed avg.

Principal: $269,910Interest: $183,316
Mortgage Amount$278,277
Total Interest$183,316
Est. Property Tax$212/mo
Total Cost$461,593

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

5 Parkway Forest Drive Unit G8, 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)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,471

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 $428/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.

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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    5 Parkway Forest Drive Unit G8 | $299,900 | Battaglia Team