56 Forest Manor Road Unit 1111, Toronto C15

Price: $448,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13131164

Experience upscale urban living at the highly sought-after Emerald City! This beautifully upgraded 1+1 bedroom suite with 2 full bathrooms features soaring 9-foot ceilings and a bright, functional layout in the prestigious Emerald City Park community.The spacious den with sliding glass doors offers incredible flexibility and can easily be used as a second bedroom, nursery, or private home office. Enjoy stunning east-facing views and modern finishes throughout, including quartz countertops, stainless steel appliances, stacked washer & dryer, and more! Residents enjoy access to exceptional resort-style amenities, including an indoor pool, fitness centre, steam room, infrared sauna, party room with outdoor patio, BBQ area, outdoor Zen terrace with fire pit, guest suite, visitor parking, and 24-hour concierge service.Located just steps to CF Fairview Mall, Don Mills Subway Station, parks, schools, restaurants, and with quick access to Highways 401 & 404, this vibrant community offers the perfect blend of luxury, convenience, and lifestyle.Great opportunity for end-users and investors alike! Parking is currently not included; however, parking may be rented from another unit owner if needed. Ample visitor parking is also available for guests. Great opportunity!!!

56 Forest Manor Road Unit 1111 - Condo photo 1 of 32 in Hillcrest Village / Bayview Village, Ontario
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$448,000 - 56 Forest Manor Road Unit 1111, Bayview Village

Condo for Sale in Bayview Village

32 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13131164
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
East
Balcony
Enclosed
Listing Brokerage
RE/MAX EXPERTS
Description

Experience upscale urban living at the highly sought-after Emerald City! This beautifully upgraded 1+1 bedroom suite with 2 full bathrooms features soaring 9-foot ceilings and a bright, functional layout in the prestigious Emerald City Park community.The spacious den with sliding glass doors offers incredible flexibility and can easily be used as a second bedroom, nursery, or private home office. Enjoy stunning east-facing views and modern finishes throughout, including quartz countertops, stainless steel appliances, stacked washer & dryer, and more! Residents enjoy access to exceptional resort-style amenities, including an indoor pool, fitness centre, steam room, infrared sauna, party room with outdoor patio, BBQ area, outdoor Zen terrace with fire pit, guest suite, visitor parking, and 24-hour concierge service.Located just steps to CF Fairview Mall, Don Mills Subway Station, parks, schools, restaurants, and with quick access to Highways 401 & 404, this vibrant community offers the perfect blend of luxury, convenience, and lifestyle.Great opportunity for end-users and investors alike! Parking is currently not included; however, parking may be rented from another unit owner if needed. Ample visitor parking is also available for guests. Great opportunity!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,298.47/mo

Includes CMHC insurance ($12,499)

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5-yr fixed avg.

Principal: $403,200Interest: $273,842
Mortgage Amount$415,699
Total Interest$273,842
Est. Property Tax$317/mo
Total Cost$689,542

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

56 Forest Manor Road Unit 1111, 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)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$317
Insurance (est.)-$93
Net Cash Flow+$1,400

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 $747/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 32 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.

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.

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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    56 Forest Manor Road Unit 1111… — $448,000 | Battaglia Team