Parkway Forest is a neighbourhood in Toronto, Ontario, Canada. It is located in the north of the city, in the former City of North York, which was merged with five other municipalities and a regional government to form the new "City of Toronto" in 1998.Parkway Forest is bounded on the west by Don Mills Road, on the north by Sheppard Avenue, on the east by the Don Valley Parkway, and on the south by Highway 401.