Parkway Forest Condos

All of these elements contributed to the decision to build one of the most successful condo developments ever built in North York. The majority of the buildings in Parkway Forest were built in between 1960 and 1972, but in an effort to modernize the area, and provide more housing to the GTA in general, the city allowed the building of three residential towers. This was Emerald City. This project is one of the most iconic developments in North York’s increasingly urbanized skyline, and also one of the most successful. New developments are continuously being added to the Emerald City Community, making it the defining development of Parkway Forest.

This persistent growth likely accounts for Henry Farm’s sales statistics, which is the community that surrounds the Parkway Forest neighbourhood. In the past year, 77% of home sales in Henry Farm were condo units, while condo townhouses ranked second with 12%, and detached homes third with 11%. The average home price during that time was $536,837, which was an increase of 3% over the previous year. The average price can be broken down by the average condo price being $441,795, and the average freehold price being $1,599,844.

Parkway Forest is a small neighbourhood, but there's no mistaking it. It is the tight cluster of resplendent condo towers as you enter North York. Its proximity to the highway makes it a valuable asset, but it’s also a closely knit community. The area is held together by its community centre, which features an impressive amount of activities. There is still a chance to take part in this neighbourhood as Emerald City continues to expand, but this opportunity won’t last forever.