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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/Forest Hill Private Residences Condos/The Parkwood

The Parkwood

Available

$2,379,900

$2,235/sq ft

1 Bed + Den·2.0 Bath·1065 sq ft·South·$2,235/sq ft

Bedrooms

1 Bed + Den

Bathrooms

2.0

Size

1065 sq ft

Exposure

South

Prev: The Duggan2 / 3Next: The Clarendon
The Parkwood Floor Plan at Forest Hill Private Residences Condos - 1065 sq.ft
Click to enlarge

Floor Range: 3-4 | Unit Number: 07

Price History

$2.1M$2.2M$2.2M$2.3M$2.4MJun 23Aug 23Jul 24

Launch Price

$2,095,900

$1,968/sq ft

Jun 26, 2023

Current Price

$2,379,900

$2,235/sq ft

▲$284,000 (+13.6%)

Deposit Structure

Deposit breakdown for this unit priced at $2,379,900

(20% + 1%) $15,000.00 On Signing Balance to 5% - 30 days 5% - 90 days 5% - 365 days 5% - 540 days 1% - Occupancy

MilestoneRateAmountCumulativeDue Date
$15,000.00 On Signing$15,000.00$15,000$15,000On Signing
Balance to 5% - 30 daysBalance to 5%$103,995$118,995Jun 15, 2026
5% - 90 days5%$118,995$237,990Aug 14, 2026
5% - 365 days5%$118,995$356,985May 16, 2027
5% - 540 days5%$118,995$475,980Nov 7, 2027
1% - Occupancy1%$23,799$499,779At Occupancy
Total Deposit21.0%$499,779

1,065 sq ft × $1.05/sq ft = $1,118/mo

Add-ons

Monthly Mortgage (P&I)$10,092
Property Tax (est.)$1,289
Maintenance Fees$1,118
Total Monthly Cost$12,499

Down payment: $475,980 (20%) · Mortgage: $1,903,920

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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Comparable Listings Nearby

Beta

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For Sale6 listings
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2 Forest Hill Road, Unit 604

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For Rent6 listings
2 Forest Hill Road, Unit 705For LeaseStrong Match

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2 Forest Hill Road, Unit 605For LeaseStrong Match

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2 Forest Hill Road, Unit 305For LeaseStrong Match

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2 Forest Hill Road, Unit 404For LeaseStrong Match

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2 Forest Hill Road, Unit 604For LeaseStrong Match

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Resale MarketLive MLS
Developer Price$2,379,900
Est. Resale (3)$1,590,000
Market vs Developer-33%(below)
$/sqft $2,235→$1,493
Est. Rent (7)$5,275/mo
Est. Gross Yield2.7%

Active MLS Listings — Same Unit Type

2 Forest Hill Road, Unit 409Sale

$1,678,900

2 Forest Hill Road, Unit 409

1 Bed + Den6d on mkt
2 Forest Hill Road, Unit 805Sale

$1,799,000

2 Forest Hill Road, Unit 805

1 Bed + Den24d on mkt
2 Forest Hill Road, Unit 604Sale

$1,888,000

2 Forest Hill Road, Unit 604

1 Bed + Den3d on mkt
2 Forest Hill Road, Unit 705Lease

$5,000/mo

2 Forest Hill Road, Unit 705

1 Bed + Den17d on mkt
2 Forest Hill Road, Unit 604Lease

$5,000/mo

2 Forest Hill Road, Unit 604

1 Bed + Den72d on mkt
2 Forest Hill Road, Unit 404Lease

$5,075/mo

2 Forest Hill Road, Unit 404

1 Bed + Den92d on mkt
2 Forest Hill Road, Unit 602Lease

$5,200/mo

2 Forest Hill Road, Unit 602

1 Bed + Den64d on mkt
2 Forest Hill Road, Unit 605Lease

$6,300/mo

2 Forest Hill Road, Unit 605

1 Bed + Den12d on mkt
2 Forest Hill Road, Unit 305Lease

$6,400/mo

2 Forest Hill Road, Unit 305

1 Bed + Den59d on mkt
2 Forest Hill Road, Unit 708Lease

$6,500/mo

2 Forest Hill Road, Unit 708

1 Bed + Den72d on mkt

Recently Sold — Same Unit Type

2 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$1,828/sqft
15on MLS
53 avg DOM
$1.2M–$5.3M
Developer
$2,090/sqft
7available
$2.0M–$4.2M
For Rent
$6.19/sqft
20on MLS
57 avg DOM
$4K–$30K