2502 - 62 Forest Manor Rd

$985,0002 bds2 ba1 pk1,155 sqft

For SaleDream Tower at Emerald City Condos

1 Day on Strata

$985,000

2 Beds + 1

2 Bath

1 Parking

1,155 SQFT

Listing History

Property Type:

Condo

Maintenance Fees:

$1,032/mth

Taxes:

$4,135 (2024)

Cost Per Sqft:

$853/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North East

Possession Date:

Immediately/TBA

About this Listing

Rare Opportunity to Own this Prestigious Penthouse Unit. Embrace Natural Light And Unobstructed Panoramic View While Living In This 1155 Sqft Meticulously Taken-Care-Of Suite. Ideal 2 Split Bedroom + Den & 2 Bathroom Floor Plan. Primary Bedroom With 4 Piece Ensuite & W/I Closet. Den Can Be The 3rd Bedroom! Open Concept Modern Kitchen W/ Stainless Steel Appliances, Granite Countertop & Breakfast Bar. 9 Feet Ceiling & Huge Floor-To-Ceiling Windows. 2 Balconies With 2 Walkouts For You To Enjoy. 1 Minute Walk To Subway Station & Across The Street To Fairview Mall Where You Can Find Various Shops, Groceries & Restaurants. Building Perfectly Located Away From The Main Road For A Convenient Yet Quiet Living Experience. Most Sought After Building In The Area! Close To Park, Library & Community Centre. Easy Access To Hwy 404 & 401. 1 Parking & 1 Locker Included. Building Amenities Include 24-Hour Security, Gym, Indoor Pool, Hot Tub, Party Room, Theatre Room, Outdoor BBQ Area, Guest Suite, Ample Visitor Parking & More!

ExtrasS/S Appliances (Fridge, Stove, Over-The-Range Microwave, B/I Dishwasher), Washer/ Dryer, All Elfs, All Window Coverings

homelife new world realty inc.MLS® #C12056765

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Utility Type

Air Conditioning: Central Air
Heat Source: No Data
Heating: Forced Air

Amenities

Rec Room

Concierge

BBQs Allowed

Guest Suites

Games Room

Gym Room

Party Room

Visitor Parking

Indoor Pool

Room Dimensions

Foyer

Laminate, Built-in Closet

14.96 x 5.35ft

Living

Laminate, Windows Floor to Ceiling, Walkout To Balcony

15.52 x 11.91ft

Dining

Laminate, Open Concept, Ne View

14.47 x 8.99ft

Buyer's Market

Balanced

Seller's Market

Similar Listings

Explore Henry Farm

6/10

Walkability

It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.

8/10

Transit

So frequent, you might accidentally start collecting tickets.

5/10

Bikeability

A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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

Dream Tower at Emerald City Condos vs The Henry Farm Area

Building Trends At Dream Tower at Emerald City Condos

Days on Strata

Units at Dream Tower 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

below

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

3.4

YEARS before being sold again

Property Value

-9%

Decrease in property value within the past twelve months

Price Ranking

8th

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

Dream Tower at Emerald City Condos offers the

best value out of 29 condos in the Henry Farm neighbourhood

Appreciation Rank

Dream Tower at Emerald City Condos has the

highest ROI out of 29 condos in the Henry Farm neighbourhood

Rental Yield

Dream Tower at Emerald City Condos yields the

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

High Demand

Dream Tower at Emerald City Condos is the

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

Transaction Insights at Dream Tower at Emerald City Condos

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	$508,000 - $545,000	$569,900 - $674,000	$605,000 - $805,000	No Data	No Data	No Data
Avg. Cost Per Sqft	No Data	$925	$949	$846	No Data	No Data	No Data
Price Range	No Data	$2,300 - $2,450	$2,450 - $2,750	$2,450 - $3,500	$3,400 - $3,500	No Data	$4,650
Avg. Wait for Unit Availability	No Data	40 Days	23 Days	25 Days	109 Days	No Data	437 Days
Avg. Wait for Unit Availability	No Data	19 Days	12 Days	10 Days	126 Days	111 Days	489 Days
Ratio of Units in Building	1%	21%	37%	37%	5%	1%	2%