Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Henry Farm
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32 Forest Manor Rd, Toronto
Built
2022
Storeys
33
Suites
374
Developer
Almadev
Corporation
TSCC-2902
Walk Score
86
Free · about 45 seconds · no obligation
What is your unit at The Peak 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
How you get around
Scores from Walk Score®
Walk Score
Very Walkable
Transit Score
Excellent Transit
Bike Score
Bikeable
Transit, nearest first
- 25Don MillsTTC bus0.2 km
- 925Don Mills ExpressTTC bus0.3 km
- 167Pharmacy NorthTTC bus0.4 km
- 4Don Mills stationLine 4 Sheppard0.4 km
- GOOriole GORichmond Hill line1.7 km
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
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
0.2 km · ~3 min walk
Zoned for this address
High schoolGr 9–12
George S Henry Academy
200 Graydon Hall Dr, North York
0.9 km · ~14 min walk
Zoned for this address
Catholic elementary
St Timothy Catholic Elementary School
0.6 km · ~9 min walk
Nearest, confirm zoning
Catholic elementary
St Kateri Tekakwitha Catholic Elementary School
1.7 km
Nearest, confirm zoning
Catholic secondary
Senator O'Connor College School
3.2 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Paul Demers
2.9 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 Peak at Emerald City actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 7 | $415,000 | 52 | $2,350/mo |
| 2 bed | 3 | $571,000 | 35 | $2,800/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 Peak at Emerald City
Do mostly owners or renters live here?
Renter-heavy building. Of 195 deals here in the last 24 months, 168 were leases and 27 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 Peak at Emerald City?
No active City registrations here right now. 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?
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 Peak at Emerald City
- 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.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- 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.
Get my status certificate reviewedWatch this building
Know the moment a unit at The Peak at Emerald City lists or sells.
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- New listings for sale or rent here
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Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Chicken
Bb.q Chicken
Steps away
Pizza
Domino's Pizza
Steps away
Sushi
Jin Sushi
Steps away
Restaurant
Phoenix Cafe
Steps away
Restaurant
Streatery
Steps away
Coffee
Tim Hortons
0.4 km · ~6 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Parkway Forest Park
- Betty Sutherland Trail Park
- Havenbrook Park
Nearest grocery
T & T Supermarket
0.7 km · ~11 min walk
Prices: TRREB MLS® System aggregate medians for 32 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 Peak is the tallest tower in the last phase of Emerald City, the master-planned community that turned the land south of Fairview Mall into a small neighbourhood of condos. It is newer, it has an indoor pool, and at about $792 per square foot it is worth putting side by side with the Yonge corridor. The question is whether you want to live in a nine-tower community rather than a single building. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
The Peak at Emerald City is a 33-storey, 374-suite high-rise condominium at 32 Forest Manor Road in the Henry Farm neighbourhood of North York, near Don Mills Road and Sheppard Avenue East, and part of the Willowdale, Yonge & Sheppard, Bayview Village and North York Centre area of Toronto. It was developed by Almadev, the company formerly called ELAD Canada, and designed by WZMH Architects, with interiors by Tanner Hill Associates. It was completed in 2022. The condominium corporation is TSCC-2902, registered on 25 March 2022, and Del Property Management is listed as property manager. Suites range from about 524 to 1,699 square feet. The maintenance fee includes common elements, building insurance and water.
The Peak at Emerald City at a glance
The last phase of a nine-tower community
Emerald City was built in phases on a large block near Don Mills Road and Sheppard Avenue East. Block A came first at the southeast corner of Don Mills and Sheppard, Block B followed to the south, and Block C, the final phase, added three more towers: The Peak at 33 storeys, The Point at 24 and Lumina at 15. With the six earlier towers, UrbanToronto counted nine in all.
The Peak was the first tower in Block C and, at about 107 metres, the tallest of the three. WZMH Architects, who designed the earlier phases, designed it too, so it reads as part of a consistent family rather than an odd one out.
You will see two developer names. Condos.ca lists Almadev, while UrbanToronto’s coverage credits ELAD Canada. They are the same company: ELAD Canada renamed itself Almadev, as RENX reported. When you research the builder’s track record, search under both names.
An amenity floor built around a pool
All of the amenities sit on the ground floor. UrbanToronto’s preview showed a double-height lobby with a concierge, an indoor pool and hot tub behind floor-to-ceiling glass with a small outdoor area beside it, and a party room with a bar and private dining area that opens onto an outdoor terrace with gardens, planters and barbecues.
Beyond that there is a pet room, a theatre room and a family play lounge. The pet room and play lounge tell you who the developer was designing for: families and dog owners, not just investors. Tanner Hill Associates handled the interiors in neutral tones with wood and stone.
Keeping everything on one level has a practical benefit: the amenities are easy to reach, easy to supervise and easy to show a buyer. The trade-off is that a pool is one of the more expensive amenities to run and eventually renew, which shows up in the fee and the reserve fund over time.
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.
Suites from compact to genuinely large
Condos.ca lists suites from about 524 to 1,699 square feet. That top end matters. Many newer towers stop well short of 1,500 square feet, so the larger suites here are a real option for families who want a new building without moving out of the city.
The suites on the market when I checked were in the 600 to 900 square foot range, mostly plans with a den. That is the core of the building, and it is where you will find the most comparables and the most competition.
As with any tower of this era, check how usable the den is. Some dens fit a desk and little else; others can take a bed. Read the plan, not the label.
Living south of Fairview Mall
UrbanToronto places Emerald City just south of Fairview Mall and the Don Mills subway station, which is the core of the daily appeal. Groceries, shopping and restaurants are concentrated at the mall, and Highway 401 and the Don Valley Parkway are close for drivers. The data panel on this page shows the exact transit distances, schools and parks.
Living in a master-planned community has pros and cons. The streets, towers and landscaping were planned together, so the area feels finished and coherent. It also means many similar suites in neighbouring towers competing for the same buyers and tenants, which can slow resale and keep a lid on rents.
For a buyer, that competition is useful. With several towers of similar age and finish within a few minutes’ walk, you can compare floor plans, exposures and fees across buildings before you commit, and negotiate with real alternatives in hand.
Pricing: Emerald City versus the Yonge corridor
Condos.ca puts the building average at about $792 per square foot. For a 2022 tower with an indoor pool next to a subway station and a major mall, that is a reasonable number. Compare it with newer towers on Yonge near Sheppard on a per-square-foot basis and check what each building’s fee includes; the Yonge address often carries a premium that has more to do with the street than the suite.
When I checked, three suites were listed for sale, with asking prices from about $529,000 to $598,000, and four were listed for rent. Fees across those listings ran from about $514 to $723 a month, or roughly $0.85 per square foot.
The fee includes common elements, building insurance and water. Hydro and heating and cooling are your own bills, and parking and lockers are not listed as included, so check what comes with the suite. When comparing, look at listings in The Point and Lumina as well, since they compete directly. My building sold report pulls recent sales here and in the neighbouring towers.
Building specifications
| Building name | The Peak at Emerald City |
| Address | 32 Forest Manor Road, North York, Toronto |
| Developer | Almadev (formerly ELAD Canada) |
| Architect | WZMH Architects |
| Interior design | Tanner Hill Associates |
| Storeys | 33 (about 107 m) |
| Total suites | 374 |
| Condo corporation | TSCC-2902 |
| Registered | 25 March 2022 |
| Property management | Del Property Management |
| Suite sizes | Approximately 524 to 1,699 sq ft |
| Maintenance fees | About $0.85 per sq ft across active listings |
| Fees include | Common elements, building insurance and water |
Amenities at The Peak at Emerald City
The indoor pool and hot tub are the headline, and a pet room and family play lounge make this one of the more family-minded amenity packages in a newer North York tower. Everything is on the ground floor, so you never wait for an elevator to reach it.
Jatin’s honest take on The Peak at Emerald City
Who this building suits
Families and couples who want a newer building with a pool and room to grow, and buyers who work near Don Mills and Sheppard or drive the 401 and DVP. The larger suites suit families leaving a rental who want to stay near the mall and subway. It does not suit buyers who want a boutique building or a quiet street away from a busy commercial node.
What I’d want you to check
Registered in 2022, the building is still early in its life. Read the status certificate, the first reserve fund study and recent board minutes, and ask about any deficiencies or warranty items still being resolved with Tarion and the builder. Confirm whether parking and a locker are included, and how the pool’s operating and replacement costs are reflected in the budget. Check pet and leasing rules in the declaration, and look at how many competing suites are listed in the other Emerald City towers.
The value question
At about $792 per square foot with an indoor pool and a mall and subway on the doorstep, I think The Peak is fair value for an owner-occupier, especially if you would otherwise be paying for a Yonge Street address. The risk is competition: with nine towers of similar age nearby, resale and rents depend on standing out. Pick a good floor plan and a good exposure. If you want help comparing suites across Emerald City, book a call with me.
Free building report: The Peak at Emerald City
Send me your email and I’ll put together a current report on The Peak 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
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
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 Peak at Emerald City — frequently asked questions
Who developed The Peak at Emerald City?
Almadev, the company formerly known as ELAD Canada, developed the building. Condos.ca lists Almadev, while UrbanToronto’s coverage uses the ELAD Canada name.
Who was the architect?
WZMH Architects designed the tower, as they did the earlier Emerald City phases. Tanner Hill Associates designed the interiors.
How tall is The Peak and how many suites does it have?
It is 33 storeys, about 107 metres, with 374 suites. It is the tallest of the three towers in Emerald City’s final phase.
When was it completed?
It was completed in 2022, and the corporation, TSCC-2902, was registered on 25 March 2022.
Does The Peak have a pool?
Yes. There is an indoor pool and hot tub on the ground floor, with floor-to-ceiling glass and a small outdoor area.
What other amenities are there?
A concierge, gym, party room with a bar and private dining area, outdoor terrace with barbecues, pet room, theatre room and family play lounge.
What do the maintenance fees include?
Common elements, building insurance and water. Hydro, heating and cooling, and parking are not listed as included.
How big are the suites?
Suites range from about 524 to 1,699 square feet, so there are genuinely large options as well as compact one-bedroom-plus-dens.
Who manages the building?
Condos.ca lists Del Property Management.
How does The Peak compare with The Point and Lumina?
All three are in Emerald City’s final phase by the same developer and architect. The Peak is the tallest at 33 storeys, The Point is 24 and Lumina is 15.
How much do condos at The Peak at Emerald City sell for?
Over the last 12 months the median resale at The Peak at Emerald City was $422,750, across 10 sales. The typical unit sold in 30 days at about 95% of the asking price. That works out to roughly $743 per square foot.
How much is rent at The Peak at Emerald City?
The median lease at The Peak at Emerald City over the last 12 months was $2,425/mo, from 88 leases. Units typically leased in 20 days.
What does each unit type cost at The Peak at Emerald City?
Over the last 24 months: One-bedrooms sold for a median $415,000 and rented for $2,350/mo; Two-bedrooms sold for a median $571,000 and rented for $2,800/mo. Each median uses three or more deals.
Are prices at The Peak at Emerald City up or down since 2022?
Down about 31%. The median sold price per square foot was $1,073 in 2022 and $743 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does The Peak at Emerald City offer an investor?
At a median price of $422,750 and a median rent of $2,425 a month, the gross yield is about 6.9%, 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 Peak at Emerald City?
Mostly renters. Of the deals here in the last 24 months, 86% were leases and 14% were sales.
Can you Airbnb a unit at The Peak 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 no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has The Peak 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 Peak 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 Peak at Emerald City?
The nearest subway is Don Mills station (Line 4 Sheppard), 0.4 km away; the nearest GO station is Oriole GO on the Richmond Hill line, 1.7 km; the closest bus is the Don Mills (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Peak at Emerald City?
Walk Score 86, Transit Score 81 and Bike Score 53. Most daily errands can be done on foot.
What restaurants and shops are near The Peak at Emerald City?
Within about a 10-minute walk: Bb.q Chicken (Chicken), Domino's Pizza (Pizza), Jin Sushi (Sushi), Phoenix Cafe (Restaurant), Streatery (Restaurant). The closest grocery store is T & T Supermarket, 0.7 km away.
Which parks are near The Peak at Emerald City?
Parkway Forest Park, Betty Sutherland Trail Park, Havenbrook Park are the closest green spaces.
What is my unit at The Peak 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 Peak 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.
Looking at Willowdale, Yonge & Sheppard, Bayview Village and North York Centre more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
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.
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 Peak 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
© 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.