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RE/MAX Premier Inc., Brokerage logo

Suzan McKenzie

RE/MAX Premier Inc., Brokerage

1885 Wilson Avenue Ste 200A, Toronto, Ontario, M9M1A2

Phone: 416-743-2000

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

Available2 resale · 7 rental

$2,379,900

$2,235/sq ft · Resale avg $1,936/sqft

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%)

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
2 Forest Hill Road, Unit 805For SaleStrong Match

$1,799,000

2 Forest Hill Road, Unit 805

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·24d on mkt
2 Forest Hill Road, Unit 705For SaleStrong Match

$2,498,000

2 Forest Hill Road, Unit 705

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·123d on mkt
2 Forest Hill Road, Unit 209For SaleGood Match

$2,499,000

2 Forest Hill Road, Unit 209

2 Bed2 Bath1200-1399 sqft
<0.1 km·69d on mkt
1 Forest Hill Road, Unit 201For SaleGood Match

$1,298,000

1 Forest Hill Road, Unit 201

1 Bed2 Bath800-899 sqft
<0.1 km·13d on mkt
223 St Clair Avenue W, Unit 406For SaleGood Match

$999,999

223 St Clair Avenue W, Unit 406

2 Bed2 Bath1000-1199 sqft
0.1 km·Built 2018·81d on mkt
223 St Clair Avenue W, Unit 704For SaleGood Match

$880,000

223 St Clair Avenue W, Unit 704

2 Bed2 Bath800-899 sqft
0.1 km·22d on mkt
For Rent6 listings
2 Forest Hill Road, Unit 305For LeaseStrong Match

$6,400/mo

2 Forest Hill Road, Unit 305

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·51d on mkt
2 Forest Hill Road, Unit 705For LeaseStrong Match

$5,000/mo

2 Forest Hill Road, Unit 705

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·17d on mkt
2 Forest Hill Road, Unit 605For LeaseStrong Match

$6,300/mo

2 Forest Hill Road, Unit 605

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·12d on mkt
2 Forest Hill Road, Unit 604For LeaseStrong Match

$5,000/mo

2 Forest Hill Road, Unit 604

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·72d on mkt
2 Forest Hill Road, Unit 602For LeaseStrong Match

$5,200/mo

2 Forest Hill Road, Unit 602

1 Bed + Den2 Bath900-999 sqft
<0.1 km·64d on mkt
2 Forest Hill Road, Unit 404For LeaseStrong Match

$5,075/mo

2 Forest Hill Road, Unit 404

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·92d on mkt

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$118,995May 20, 2026
5% - 90 days5%$118,995$237,990Jul 19, 2026
5% - 365 days5%$118,995$356,985Apr 20, 2027
5% - 540 days5%$118,995$475,980Oct 12, 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
Est. Rental IncomeBeta−$4,875
Net Monthly Cost−$7,624

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.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Developer Price$2,379,900
Est. Resale (2)$1,695,000
Market vs Developer-29%(below)
$/sqft $2,235→$1,594
Est. Rent (7)$4,875/mo
Est. Gross Yield2.5%

Active MLS Listings — Same Unit Type

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 705Sale

$2,498,000

2 Forest Hill Road, Unit 705

1 Bed + Den123d 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 705Lease

$5,000/mo

2 Forest Hill Road, Unit 705

1 Bed + Den17d 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 + Den51d 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
$1,936/sqft
12on MLS
68 avg DOM
$1.2M–$5.3M
Developer
$2,090/sqft
7available
$2.0M–$4.2M
For Rent
$6.05/sqft
19on MLS
58 avg DOM
$4K–$14K

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