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Union Capital Realty, Brokerage logo

David Tsaparis

Broker of Record

Union Capital Realty, Brokerage

245 West Beaver Creek Rd #9B, Richmond Hill, ON, Canada

Phone: (289) 317-1288

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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$118,995Sep 22, 2026
5% - 90 days5%$118,995$237,990Nov 21, 2026
5% - 365 days5%$118,995$356,985Aug 23, 2027
5% - 540 days5%$118,995$475,980Feb 14, 2028
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)$10,369
Property Tax (est.)$1,289
Maintenance Fees$1,118
Total Monthly Cost$12,776

Down payment: $475,980 (20.0%) · Mortgage: $1,903,920

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

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Schedule a call or meeting to discuss The Parkwood.

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Resale MarketLive MLS
Developer Price$2,379,900
Est. Resale$1,430,000
Market vs Developer-40%(below)
$/sqft $2,235→$1,344

Active MLS Listings — Same Unit Type

2 Forest Hill Road, Unit 407Sale

$1,774,884

2 Forest Hill Road, Unit 407

1 Bed + Den38d on mkt

Building Market

For Sale
$1,691/sqft
5on MLS
47 avg DOM
$1.8M–$3.0M
Developer
$2,090/sqft
7available
$2.0M–$4.2M
For Rent
2on MLS
29 avg DOM
$6K–$19K

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale2 listings
2 Forest Hill Road, Unit 407For SaleStrong Match

$1,774,884

2 Forest Hill Road, Unit 407

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·38d on mkt
2 Forest Hill Road, Unit 406For SaleStrong Match

$1,783,875

2 Forest Hill Road, Unit 406

1 Bed + Den2 Bath1000-1199 sqft
<0.1 km·38d on mkt
For Rent1 listing
2 Forest Hill Road, Unit 408For LeaseStrong Match

$5,800/mo

2 Forest Hill Road, Unit 408

2 Bed2 Bath1000-1199 sqft
<0.1 km·56d on mkt