5 Parkway Forest Dr #1609 is a 2-bedroom, 1-bathroom condo in Toronto, listed for $479,800. It has 800-899 sq ft of living space.
1In the Heart of North York's Henry Farm Neighborhood with a beautiful East view.
2Convenient Location, Walking Distance To Don Mills Subway And Fairview Mall,24 hours TTC, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails Hwy 401, 404 And 407.
3Close To Schools, Library, Parkway Forest Park, Community Centre And More.
Fully Renovated Like A Brand New Condo- Spacious 2 Bedroom Condo -Open Concept Kitchen- Updated Cabinets With Beautiful Quartz Counter Top, Double stainless steel Sink, High Efficiency stainless steel Chimney/Rangehood, Modern Back Splash - High Quality Granite Floors In Foyer & Kitchen & Washroom - Best Quality 12.3Mm Laminate Floors Throughout With Baseboard And Quarter Round - Updated Washroom - Updated Light Fixtures , Switches And Receptacle .3000 BTU Wall AC unit For Hot Summer days. In the Heart of North York's Henry Farm Neighborhood with a beautiful East view. Fantastic Layout with Walkout To a Huge Enclosed Balcony/Den With Walk out to an open area balcony, A Stunning Panoramic Sunny View , Updated Kitchen with Stainless Steele Appliances and extra Cupboards/Pantry .Crown Mouldings, Gleaming updated wood floors, ensuite Laundry +Storage area with built-in Cabinets. Perfect For a Family or Investors because of High Demand for Rental. Utilities Included In Maintenance Fees. Convenient Location, Walking Distance To Don Mills Subway And Fairview Mall,24 hours TTC, Close To North York General Hospital, Doctors clinics, Shops, Minutes to Trails Hwy 401, 404 And 407. Close To Schools, Library, Parkway Forest Park, Community Centre And More. Building Amenities Include Tennis Court, Party Room, and Outdoor Pool .
2 bedrooms, 1 bathroom, about 800 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Parkway Forest Dr #1609
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
5 Parkway Forest Dr #1609 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13721710$479,800
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Parkway Forest Dr #1609 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,357
/mo
based on the purchase price of $479,800
$95,960 cash
$383,840 financed
$323,294 total interest
Principal54%$383,840
Interest46%$323,294
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Parkway Forest Drive? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 5 Parkway Forest Dr #1609 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 5 Parkway Forest Dr #1609 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $480K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4899.6%On average, homes sold at or above asking.
Active listings12,343Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,686 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 2 for rent at 5 Parkway Forest Dr — plus its sale and lease history.
5 Parkway Forest Dr #1609 is listed at $479,800 (MLS® C13721710). Summitly updates the price as soon as the MLS® record changes.
Is $479,800 a good price for 5 Parkway Forest Dr #1609?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5 Parkway Forest Dr #1609 changed?
No — 5 Parkway Forest Dr #1609 is still listed at its original asking price of $479,800.
How many bedrooms and bathrooms does 5 Parkway Forest Dr #1609 have?
5 Parkway Forest Dr #1609 has 2 bedrooms and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 5 Parkway Forest Dr #1609 close to transit?
The nearest rapid-transit station is Don Mills Station (Line 4), about 720 m (about a 9-minute walk) in a straight line. Oriole GO Station is about 1.5 km (about a 19-minute walk), and Leslie Station is about 1.6 km (about a 20-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Parkway Forest Dr #1609?
About $2,357 a month — principal and interest on $479,800 with 20% down ($95,960), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5 Parkway Forest Dr #1609 compare with other homes in Toronto?
Its asking price of $479,800 is about 43% below the median sold price in Toronto over the last 90 days, $848,250, across 9,686 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5 Parkway Forest Dr #1609 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Parkway Forest Dr #1609 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Parkway Forest Dr #1609?
5 Parkway Forest Dr #1609 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Parkway Forest Dr #1609 been on the market?
46 days — 5 Parkway Forest Dr #1609 was listed on August 28, 2026.
What is the price per square foot of 5 Parkway Forest Dr #1609?
About $534 to $600 per square foot: the asking price of $479,800 over the 800–899 sq ft the listing gives as its size range.
Does 5 Parkway Forest Dr #1609 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
