505 - 50 Forest Manor Rd

$699,0002 bds2 ba1 pk700 - 799 sqft

For SaleFifth on the Park at Emerald City Condos

37 Days on Strata

$699,000

Price Increase: $649,000

2 Beds

2 Bath

1 Parking

700 - 799 SQFT

Listing History

Details

Property Type:

Condo

Maintenance Fees:

$715/mth

Taxes:

$2,997 (2024)

Cost Per Sqft:

$875 - $999/sqft

Outdoor Space:

Balcony

Locker:

Owned

Exposure:

North West

Possession Date:

To Be Determined

Amenities

Indoor Pool

Guest Suites

Party Room

Gym

Indoor Parking

Concierge

About this Listing

Luxurious Two Bedroom Two Bathroom Condo Unit, Inside 775 Sq F Plus A Big Balcony. Featuring 9' Ceiling, Laminate Floor Throughout, Open Concept Layout. Modern Design Kitchen Boasting Quartz Counters, Centre Island & S/S Appliances, Floor To Ceiling Windows. Plenty Of Natural Lights. Unbeatable Location, Minutes To Highway 401/404. Step To Don Mills Subway, Ttc, Fairview Mall, Supermarket, School, Community Centre, MedicalCentre, Park, Library And More. Great Amenities: Gym, Indoor Pool, Party/Meeting Room, Concierge, 24 Hrs Security Etc.

ExtrasS/S Fridge, Oven, Cooktop, Dishwasher, Microwave, Hood, Front Load Washer & Dryer, All Existed Lighting Fixtures, One parking. One Locker.

homelife new world realty inc.MLS® #C12019686

Maintenance Fees

Included in Fees

Heat

Water

Parking

Building Maintenance

Building Insurance

Not Included

Hydro

Air Conditioning

Utility Type

Air Conditioning

Central Air

Heat Source

No Data

Heating

Forced Air

Room Dimensions

Living

Windows Floor to Ceiling, Walkout To Balcony, Combined with Dining

25.3 x 10.01ft

Dining

Laminate, Open Concept, Combined with Living

25.3 x 10.01ft

Kitchen

Quartz Counter, Centre Island, Stainless Steel Appliances

25.3 x 10.01ft

Primary

4 Piece Ensuite, Windows Floor to Ceiling, Large Closet

10.11 x 8.99ft

2nd Bedroom

Laminate, Windows Floor to Ceiling, Large Closet

9.71 x 8.6ft

Buyer's Market

Balanced

Seller's Market

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Bikeability

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Mortgage Calculator

Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

9,098

Average Individual Income

$56,893

Average Household Size

0 persons

Average Age

Average Household Income

$104,664

Dominant Housing Type

Detached

Population By Age

0 - 14

13%

15 - 19

20 - 34

23%

35 - 49

17%

50 - 64

21%

65+

21%

Household Income

$0 - $30,000

53%

$30,000+

26%

$60,000+

12%

$90,000+

$125,000+

Housing Types & Tenancy

Detached

50%

Semi Detached

16%

High Rise Apartment

15%

Duplex

12%

Low Rise Apartment

Marital Status

Commute

Languages (Primary Language)

English

54%

Cantonese

14%

Mandarin

11%

Other

10%

Tamil

Tagalog

Urdu

Gujarati

Education

High School

29%

University and Above

27%

None

19%

College

16%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

27%

Architecture & Engineering

18%

Health & Related Fields

16%

Social Sciences

11%

Math & Computer Sciences

Personal, Protective & Transportation Services

Physical Sciences

Humanities

Visual & Performing Arts

Education

Agriculture & Natural Resources

Maintenance Fees

Fifth on the Park at Emerald City Condos vs The Henry Farm Area

Building Trends At Fifth on the Park at Emerald City Condos

Days on Strata

Units at Fifth on the Park at Emerald City Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

above

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Henry Farm

Turnover of Units

On average, each unit is owned for

YEARS before being sold again

Property Value

-1%

Decrease in property value within the past twelve months

Price Ranking

2nd

Highest price per SQFT out of 29 condos in the Henry Farm area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Fifth on the Park at Emerald City Condos offers the

best value out of 29 condos in the Henry Farm neighbourhood

Appreciation Rank

Fifth on the Park at Emerald City Condos has the

highest ROI out of 29 condos in the Henry Farm neighbourhood

Rental Yield

Fifth on the Park at Emerald City Condos yields the

highest rent prices out of 29 condos in the Henry Farm neighbourhood

High Demand

Fifth on the Park at Emerald City Condos is the

most popular building out of 29 condos in the Henry Farm neighbourhood

Transaction Insights at Fifth on the Park at Emerald City Condos

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	$500,000 - $660,000	$665,500 - $723,000	No Data
Avg. Cost Per Sqft	No Data	$1,026	$884	No Data
Price Range	No Data	$2,350 - $2,800	$2,900 - $3,250	No Data
Avg. Wait for Unit Availability	No Data	163 Days	146 Days	No Data
Avg. Wait for Unit Availability	No Data	20 Days	19 Days	No Data
Ratio of Units in Building	1%	57%	39%	1%