$650,000
60 Ann Oreilly Road 1355
Toronto (Henry Farm), Ontario
3bed2bath
HOMELIFE/BAYVIEW REALTY INC.
MLS® C13033380
condo in Toronto (Henry Farm)
Browse 59 active listings
Market Analysis
Toronto's Henry Farm attracts a diverse demographic, including young professionals, families, and retirees. Many buyers are drawn here due to the area's proximity to major employment hubs like the Ontario Science Centre and the North York General Hospital. Young professionals appreciate the accessibility of the subway, particularly the Don Mills station, which connects them to downtown Toronto in under 30 minutes. Families often prioritize proximity to reputable schools, such as Don Mills Collegiate Institute and Henry Farm Public School, making this neighborhood appealing for those looking for a balanced lifestyle. Retirees are also finding their place in Henry Farm, as the area offers a quieter suburban feel while still being connected to urban amenities. With various parks, including the scenic Henry Farm Park and the picturesque East Don Parkland, residents of all ages can enjoy outdoor spaces, making it a suitable community for leisure and recreation. This blend of lifestyle options fosters a welcoming environment that contributes to a balanced real estate market, allowing buyers to find homes that cater to varying needs and preferences.
Price Insights
In Henry Farm, buyers can expect to find a range of condos within the price bracket of up to $1,500,000. The median price of $529,900 and an average price of $566,477 provide a solid foundation for potential homeowners. For these prices, buyers can acquire 1 to 3-bedroom units, often featuring contemporary designs and modern amenities. For example, a two-bedroom condo on Kenneth Avenue might be listed around $600,000, boasting an open-concept layout and easy access to local transit. Luxury options are also available, such as upscale penthouses or larger units along the Sheppard Avenue corridor that can reach up to $1,500,000. These properties typically include high-end finishes, expansive views, and building amenities like fitness centers and concierge services. Overall, buyers in Henry Farm can find great value for their investment, whether they are looking for a starter home or a more lavish living space.
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About This Property Type
Condos in Toronto's Henry Farm are characterized by their modern architecture, thoughtfully designed interiors, and a mix of low-rise and high-rise buildings. Properties often come equipped with contemporary kitchens, spacious living areas, and large windows that invite natural light. Many condos also feature private balconies, allowing residents to enjoy outdoor space without leaving home. The buildings often include desirable amenities such as swimming pools, fitness centers, and communal lounges, enhancing the living experience. Notable developments, such as the luxurious condos along Sheppard Avenue, often offer additional services like on-site management and security. The diverse selection of condo types means that prospective buyers can find a property that fits their lifestyle and budget, whether they're looking for a cozy one-bedroom retreat or a spacious family-friendly unit.
Location Highlights
Henry Farm is strategically located in Toronto, offering easy access to major thoroughfares such as Highway 401 and the Don Valley Parkway. This accessibility attracts many commuters who work in downtown Toronto but prefer a suburban lifestyle. The neighborhood is also well-serviced by public transit, with the Don Mills subway station providing a direct line to the city centre. Local amenities abound, with the Fairview Mall just a short drive away, offering a variety of shopping and dining options. The nearby Henry Farm Park is a great spot for outdoor activities and is perfect for families. Additionally, the area is home to several reputable educational institutions, making it an attractive choice for families with school-aged children. Overall, the convenience and amenities in Henry Farm contribute to its appeal as a vibrant community in the heart of Toronto.
Investment Advice
Investing in a condo in Henry Farm can be a smart choice, especially given the area's balanced market conditions. The steady price range and strong demand for housing in Toronto suggest that property values are likely to remain stable or appreciate over time. Moreover, with an average price below the city’s average, Henry Farm offers an opportunity for buyers to enter the Toronto real estate market at a more manageable price point. Additionally, the mix of young professionals and families in the area can lead to a strong rental market, making these condos appealing for investors looking to generate passive income. With the continued growth of the Greater Toronto Area, purchasing a condo in Henry Farm now could yield significant returns in the future as the demand for housing remains high. Buyers should consider the neighborhood’s potential for development and accessibility when evaluating investment opportunities.
Buying Tips
When purchasing a condo in Henry Farm, it's essential to conduct thorough research on different buildings and developments. Start by visiting properties on major streets such as Sheppard Avenue and Kenneth Avenue to get a feel for the amenities each building offers. Schedule viewings during peak hours to see how the building operates and to experience the community vibe. Ensure you review the condo's status certificate carefully, which provides insights into the building's finances and any upcoming assessments. Engaging a knowledgeable real estate agent familiar with the Henry Farm market can also be invaluable; they can help you navigate complex agreements and identify the best deals. Additionally, consider your lifestyle preferences, such as proximity to schools, transit, and parks, to ensure your new home aligns with your daily needs.
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Frequently Asked Questions About Toronto (Henry Farm)
How many condos are for sale in Toronto (Henry Farm)?
There are currently 59 condos listed for sale in Toronto (Henry Farm). Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Toronto (Henry Farm)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Toronto (Henry Farm)?
Condos in Toronto (Henry Farm) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.