38 Forest Manor Road 414, Toronto C15

$474,990
38 Forest Manor Road 414

$474,990

New
4d
Condo ApartmentApartment

38 Forest Manor Road 414, Toronto C15

Total Monthly Obligation $3,011

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
4d
Score
18
Yield
6.0%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-C14092120
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,827.83 (2026)
Maintenance-$659.13/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SKYLETTE MARKETING REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Concrete Poured
Foundation-Concrete
Possession-Flexible
Neighbourhood-Henry Farm
Title-Residential Condo & Other

No agent assigned

Welcome to this thoughtfully designed 1 bedroom + den, 2 full bathroom condo offering approximately 657 sq.ft. of modern, functional living space-perfect for professionals, couples, or anyone seeking comfort and convenience in a well-connected location. Featuring wide-plank laminate flooring throughout with no carpet, this suite offers a clean, contemporary feel that's also easy to maintain. The L-shaped dine-in kitchen is both stylish and practical, complete with a built-in cooktop and wall oven, built-in over-the-range microwave, integrated dishwasher, and stainless steel fridge. With generous counter space and a smart layout, it's ideal for everyday cooking as well as hosting friends or family. The open-concept living and dining area is bright and inviting, with direct access to a covered balcony showcasing clear south-facing views of CN Tower and a perfect spot to unwind, enjoy your morning coffee, or take in the natural light throughout the day. The spacious primary bedroom offers comfort and privacy and its own ensuite bathroom, while the versatile enclosed den can easily function as a home office, reading nook, or guest bedroom. With two full bathrooms, this layout provides added flexibility and convenience for both daily living and entertaining. Additional features include one underground parking space and one locker, along with access to an impressive range of building amenities, including an indoor pool and hot tub, fully equipped gym, movie theatre, party room, games room, concierge/security, outdoor BBQ area, and free visitor parking. The building offers direct underground access to Freshco. Ideally situated near major routes including the Don Valley Parkway, Highways 401 and 404, and just minutes from public transit and shopping at Fairview Mall, this home offers the perfect balance of accessibility and lifestyle. A fantastic opportunity for end-users looking for a move-in-ready space in a vibrant and convenient neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$379,992
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,473

Total Monthly Obligation

$3,011/mo
Mortgage $1,916
Monthly Loss $2,507
Principal$504
Interest$1,412
Property Tax$236
Condo Fees$659
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,380/yr
NOI
$12,405/yr
Net Cash Flow
-$882/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 38 Forest Manor Road 414

Time

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