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The Park Club, 56 Forest Manor Rd: Emerald City’s Spa Tower Reviewed

Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

Building at a glance · Henry Farm

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The Park Club at Emerald City in one look.

56 Forest Manor Rd, Toronto

Built

2019

Storeys

33

Suites

344

Developer

ELAD Canada

Corporation

TSCC-2721

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What is your unit at The Park Club at Emerald City worth today?

Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.

  • Uses this building’s own recent sales
  • Adjusts for floor, view and parking
  • Your number appears instantly

Transit, nearest first

  • 25Don MillsTTC busSteps away
  • 4Don Mills stationLine 4 Sheppard0.2 km
  • 167Pharmacy NorthTTC bus0.3 km
  • 169HuntingwoodTTC bus0.3 km
  • GOOriole GORichmond Hill line1.8 km

Distances are straight-line from the building.

How far is everything?

From the front door, in kilometres.

Forest CafeSteps

Don Mills station0.2 km

Forest Manor Public School0.3 km

T & T Supermarket0.5 km

George S Henry Academy1.1 km

Oriole GO1.8 km

Schools for this address

Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.

ElementaryJK–5

Forest Manor Public School

25 Forest Manor Rd, North York

0.3 km · ~5 min walk

Zoned for this address

High schoolGr 9–12

George S Henry Academy

200 Graydon Hall Dr, North York

1.1 km · ~17 min walk

Zoned for this address

Catholic elementary

St Timothy Catholic Elementary School

0.5 km · ~8 min walk

Nearest, confirm zoning

Catholic elementary

St Kateri Tekakwitha Catholic Elementary School

1.5 km · ~23 min walk

Nearest, confirm zoning

Catholic secondary

Senator O'Connor College School

3.3 km

Nearest, confirm zoning

French-language · Viamonde (public)

Ecole Elementaire Paul Demers

2.7 km

Nearest, confirm zoning

Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.

By the numbers

What units at The Park Club at Emerald City actually trade for

$769Median sold price per sq ft, last 12 months-30% vs 2022 ($1,096)
44%of resales closed at or above asking, last 12 monthsCompetitive, expect offers
Unit typeSoldMedian priceLeasedMedian rent
1 bed4$443,00049$2,250/mo
2 bed5$570,00034$2,690/mo

Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.

Living here

Renters, Airbnb and elevators at The Park Club at Emerald City

Do mostly owners or renters live here?

Leases 92%Sales 8%

Renter-heavy building. Of 180 deals here in the last 24 months, 166 were leases and 14 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.

Can you Airbnb a unit at The Park Club at Emerald City?

1unit registered with the City as a short-term rental at this address

Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.

How reliable are the elevators?

0elevator outages of 48 hours or more reported to TSSA for this address since July 2022

Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.

Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.

Before you buy here

Five things the listing will not tell you about The Park Club at Emerald City

  1. Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
  2. Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
  3. Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
  4. Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
  5. Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.

Send me the status certificate and I will flag anything that matters before your conditional period runs out.

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Watch this building

Know the moment a unit at The Park Club at Emerald City lists or sells.

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Eat, drink and shop nearby

Within about a 10-minute walk.

Restaurant

Forest Cafe

Steps away

Chicken

Bb.q Chicken

Steps away

Pizza

Domino's Pizza

Steps away

Sushi

Jin Sushi

Steps away

Restaurant

Phoenix Cafe

Steps away

Coffee

Tim Hortons

0.2 km · ~3 min walk

Places from OpenStreetMap. Check hours before you go.

Parks nearby

  • Parkway Forest Park
  • Allenbury Park
  • Dallington Park

Nearest grocery

T & T Supermarket

0.5 km · ~8 min walk

Prices: TRREB MLS® System aggregate medians for 56 Forest Manor Rd, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.

The Park Club is the tall one on its block, and the building most people in Emerald City point to when they talk about amenities. Instead of a standard pool deck, it was sold on a Scandinavian-style spa with plunge pools, a steam room and an infrared sauna. It is also a building where suites rarely come up for sale, which makes pricing harder than it should be. I’m Jatin Dua, RE/MAX Quantum Realty.

Quick answer

The Park Club is a 33-storey, 344-suite condominium at 56 Forest Manor Road in the Henry Farm neighbourhood of North York, part of the Emerald City community and listed on this site under Willowdale, Yonge & Sheppard, Bayview Village and North York Centre. It was designed by WZMH Architects and developed by ELAD Canada’s development arm, which UrbanToronto lists as Almadev. Condos.ca gives 2019 as the year built; UrbanToronto lists completion in 2018. The condominium corporation is TSCC-2721, registered on 24 June 2019, and condos.ca lists Del Property Management as the manager. Suites range from about 492 to 926 square feet. Condos.ca lists air conditioning, building insurance, common elements and heat as included in the maintenance fee.

The Park Club at Emerald City at a glance

Address
56 Forest Manor Rd
Storeys
33
Suites
344
Built
2019
Developer
ELAD Canada
Corp #
TSCC-2721

The tallest building on its block

The Park Club is the 33-storey point tower at the northeast corner of the block bounded by Don Mills Road, George Henry Boulevard, Forest Manor Road and Helen Lu Road. UrbanToronto puts its height at about 107 metres, making it the tallest of the three buildings that went up together on the block, alongside the 13-storey Colours of Emerald City and the 24-storey Fifth on the Park.

WZMH Architects designed all three, and the whole block was excavated at once over a shared underground parking structure. That shared garage is worth understanding before you buy, because it usually means a cost-sharing agreement between the corporations for the garage, ramps and any shared systems.

The developer is a point where sources differ in wording rather than substance. UrbanToronto’s project page lists Almadev, while news coverage from the sales period describes an ELAD Canada subsidiary, and Emerald City as a whole was marketed by ELAD Canada. The year differs too: UrbanToronto lists completion in 2018, and condos.ca gives 2019, the year the corporation was registered.

The spa is the reason to choose this tower

Most towers in this area offer a gym and a party room. The Park Club was built around a spa: a series of Scandinavian-inspired plunge pools, a steam room, an infrared sauna, heated stone benches, showers and individual change rooms, with an outdoor Zen terrace and a meditation room. Condos.ca also lists an indoor pool and sauna, along with a gym, guest suites, a party room and barbecue permission.

For daily life, that package suits people who will actually use hot-and-cold bathing as part of their week. It replaces a spa membership for some owners. It also carries a cost: water features, saunas and steam rooms are among the most expensive amenities to maintain and eventually replace, so look closely at how the reserve fund study treats them.

The arrival is part of the pitch too. The building was marketed with a roundabout entry and a lobby with 24-hour concierge service.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

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Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Suites: compact plans in a tall tower

Condos.ca lists suites from about 492 to 926 square feet. That is mostly one-bedroom, one-plus-den and two-bedroom territory, with nothing in the large family range. Sales coverage at the time highlighted efficient one-bedroom-plus-den layouts, including a plan under 600 square feet with two bathrooms, which is the sort of layout that works well for a roommate or a home office.

In a 33-storey tower, floor and orientation make a large difference. Upper suites sit well above the 13- and 24-storey buildings beside it, while lower suites may look straight at those neighbours. In a block of three towers this close together, privacy and light can vary a lot from one stack to the next. Walk the suite, check the view from the window, and compare it with what the listing photos suggest.

Watch the building name when you search. Condos.ca also lists a separate entry called The Park Club Condos at 48 and 50 Forest Manor Road, a 265-suite, 33-storey building under TSCC-2697. I could not confirm from published sources how the two relate, so compare listings by address and corporation number, TSCC-2721 for this building, not by name.

Living in Emerald City

Emerald City is a master-planned community in the Parkway Forest area, south of Fairview Mall and Don Mills subway station. Beyond the towers, it brought the rebuilt Parkway Forest Community Centre, with a gym, running track, rooftop garden space, a YMCA-run daycare and an aquatic centre with an outdoor pool. The automatic panel on this page shows transit and nearby food and parks.

The neighbourhood is still filling in. Three final towers of 15, 24 and 33 storeys, The Peak, The Point and Lumina, broke ground on the next block in 2018. Expect a denser, busier community than the one early buyers moved into, with more shops and services at grade over time, and more traffic on Don Mills Road and Sheppard.

Pricing and fees: thin resale data, so read carefully

Condos.ca puts the building’s average at about $783 per square foot, the highest of the three Emerald City and Fairview Mall buildings I have reviewed: Colours of Emerald City next door sits at about $745 and Vivo Condos on Fairview Mall Drive at about $734. Part of that premium is the newer, taller tower and the spa; part is simply limited data.

When I checked, no suites were listed for sale and a handful were listed for lease. With so little resale activity, any single sale carries a lot of weight, and I would want to see the full run of recent sales, as aggregates, before agreeing to a price. I can prepare that in a building sold report.

On fees, condos.ca lists air conditioning, building insurance, common elements and heat as included, but not parking or water. Colours of Emerald City includes both. If you are comparing the two, add the cost of parking and water back to The Park Club before deciding which is cheaper to carry.

Building specifications

Building nameThe Park Club at Emerald City
Address56 Forest Manor Road, Toronto
DeveloperELAD Canada (listed as Almadev by UrbanToronto)
ArchitectWZMH Architects
Storeys33
HeightAbout 107 metres
Total suites344
Year completed2018 per UrbanToronto; 2019 per condos.ca
Condo corporationTSCC-2721
Registered24 June 2019
Property managementDel Property Management (per condos.ca)
Suite sizesAbout 492 to 926 sq ft
Fees includeAir conditioning, building insurance, common elements and heat

Amenities at The Park Club at Emerald City

ConciergeSpa with plunge poolsSteam roomInfrared saunaIndoor poolGymMeditation roomOutdoor terraceParty roomGuest suitesBBQs permittedVisitor parking

This is a genuine wellness amenity floor, not a token gym. If you will use the plunge pools, steam room and sauna every week, it is worth paying for; if you will not, you are still funding them through your fee and the reserve fund.

Jatin’s honest take on The Park Club at Emerald City

Who this building suits

Buyers who want a newer tower near Fairview Mall and the subway with a spa they will actually use, and single professionals or couples who are happy in a one-bedroom-plus-den or a compact two-bedroom. Upper-floor suites suit buyers who want height and light above the lower buildings on the block.

What I’d want you to check

Read the reserve fund study for the spa, pools and steam room, and the shared-facilities agreement for the common garage on the block. Confirm whether parking and a locker come with the suite and what they cost, since neither is listed in the fee. Check the status certificate and the last year of board minutes, and confirm the corporation number is TSCC-2721, given the separate Park Club entry at 48 and 50 Forest Manor Road.

The value question

At about $783 a square foot, The Park Club costs a little more than its neighbours, and the fee leaves out parking and water. You are paying for the spa, the height and a newer tower. For an owner-occupier who values those things, I think it is fair value; for an investor, Colours next door, with more in the fee and a lower price per square foot, often works out better.

Free building report: The Park Club at Emerald City

Send me your email and I’ll put together a current report on The Park Club at Emerald City — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.

  • Every sale in the building over the last 12 months
  • Current active listings and asking prices
  • Maintenance fee breakdown and what’s included
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Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

The Park Club at Emerald City — frequently asked questions

Who designed The Park Club?

WZMH Architects designed The Park Club, as well as the neighbouring Colours of Emerald City and Fifth on the Park.

Who developed The Park Club?

UrbanToronto lists Almadev as the developer, and news coverage from the sales period describes an ELAD Canada subsidiary. Emerald City as a whole was marketed by ELAD Canada.

How tall is The Park Club?

It is 33 storeys and about 107 metres, the tallest of the three buildings on its block.

How many suites are there?

There are 344 suites, from about 492 to 926 square feet.

What is in the spa?

The building was marketed with Scandinavian-inspired plunge pools, a steam room, an infrared sauna, heated stone benches, change rooms, an outdoor Zen terrace and a meditation room.

What does the maintenance fee include?

Condos.ca lists air conditioning, building insurance, common elements and heat. Parking and water are not listed, so confirm them in the status certificate.

When was it built?

UrbanToronto lists completion in 2018, while condos.ca gives 2019. The corporation, TSCC-2721, was registered on 24 June 2019.

Who manages the building?

Condos.ca lists Del Property Management. Confirm the current manager in the status certificate.

Is this the same as The Park Club Condos at 48 and 50 Forest Manor Road?

Condos.ca lists that as a separate 265-suite building under TSCC-2697. Check the address and corporation number on any listing you compare.

How does it compare with Colours of Emerald City?

Colours is a 13-storey, 245-suite building on the same block with heat, water and parking in its fee and a lower average price per square foot. The Park Club is taller, with the spa and larger top-end suites.

How much do condos at The Park Club at Emerald City sell for?

Over the last 12 months the median resale at The Park Club at Emerald City was $545,000, across 9 sales. The typical unit sold in 37 days at about 98% of the asking price. That works out to roughly $769 per square foot.

How much is rent at The Park Club at Emerald City?

The median lease at The Park Club at Emerald City over the last 12 months was $2,400/mo, from 83 leases. Units typically leased in 14 days.

What does each unit type cost at The Park Club at Emerald City?

Over the last 24 months: One-bedrooms sold for a median $443,000 and rented for $2,250/mo; Two-bedrooms sold for a median $570,000 and rented for $2,690/mo. Each median uses three or more deals.

Are prices at The Park Club at Emerald City up or down since 2022?

Down about 30%. The median sold price per square foot was $1,096 in 2022 and $769 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.

What rental yield does The Park Club at Emerald City offer an investor?

At a median price of $545,000 and a median rent of $2,400 a month, the gross yield is about 5.3%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.

Do mostly owners or renters live at The Park Club at Emerald City?

Mostly renters. Of the deals here in the last 24 months, 92% were leases and 8% were sales.

Can you Airbnb a unit at The Park Club at Emerald City?

Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 1 active short-term rental registration at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.

Has The Park Club at Emerald City had elevator outages?

None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.

What schools is The Park Club at Emerald City zoned for?

For TDSB public schools, the address is zoned for Forest Manor Public School (Elementary, JK–5), George S Henry Academy (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.

What is the closest subway or GO station to The Park Club at Emerald City?

The nearest subway is Don Mills station (Line 4 Sheppard), 0.2 km away; the nearest GO station is Oriole GO on the Richmond Hill line, 1.8 km; the closest bus is the Don Mills (TTC bus). Distances are straight-line from the building.

What restaurants and shops are near The Park Club at Emerald City?

Within about a 10-minute walk: Forest Cafe (Restaurant), Bb.q Chicken (Chicken), Domino's Pizza (Pizza), Jin Sushi (Sushi), Phoenix Cafe (Restaurant). The closest grocery store is T & T Supermarket, 0.5 km away.

What is my unit at The Park Club at Emerald City worth?

Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.

How do I find out when a unit at The Park Club at Emerald City lists or sells?

Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.

Still have a question about The Park Club at Emerald City?Ask me directly: a 15-minute call, no pressure.
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Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.

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Two units, same floor plan,
$90,000 apart.

That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.

How this works — your estimate comes from a model built on recent Toronto & GTA condo sale data, weighting area, size, layout, floor, exposure, view, parking, locker, age and condition. It is an automated estimate for information only — not an appraisal and not a Comparative Market Analysis. Condo values also depend on the building’s reserve fund, maintenance fees, recent special assessments and status certificate, none of which a model can read. Ask me for a written CMA before you make a decision.

About the author — Jatin Dua, Toronto condo broker

I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Willowdale, Yonge & Sheppard, Bayview Village and North York Centre. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.

If you’re buying or selling at The Park Club at Emerald City, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.

More Willowdale, Yonge & Sheppard, Bayview Village and North York Centre building guides: 1 Capella Starway Townhouses · 10 Old York Mills Road · 10 Parkway Forest Drive Condos · 118 Finch Avenue West · 14 Gypsy Roseway Townhouses · 181 East Condos

More resources: GTA condo directory · Building sold report · Book a call

Figures on this page were compiled from publicly available sources including condos.ca, strata.ca, City of Toronto open data and developer materials as at October 2026, and are provided for general information only. Sources frequently disagree on unit counts, storeys, square footage and maintenance-fee inclusions, and pricing changes constantly — where sources conflicted I’ve said so rather than picking one. Nothing here is an appraisal, a valuation, or a substitute for a status certificate reviewed by your lawyer. Verify all figures independently before making a decision. Jatin Dua, Broker of Record, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.
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© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.

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