1 Greystone Walk Drive Unit 587, Toronto E04

Price: $449,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13482282

Bright and spacious 2+1 bedroom, 2-bath condo offering stunning unobstructed park views in a well-managed building. Freshly painted throughout, featuring upgraded bathrooms, new light fixtures, and a sun-filled layout with a versatile den/sunroom ideal as a home office, guest room, or potential 3rd bedroom. Updated kitchen with custom cabinetry and quartz countertops. Maintenance fees include all utilities for worry-free living. Exceptional amenities include indoor pool, gym, sauna, squash court, tennis court, rooftop garden, picnic area, 24-hour gatehouse security, and ample visitor parking. Conveniently located within walking distance to Scarborough GO Station, providing easy access to downtown Toronto and the GTA. A perfect blend of space, comfort, lifestyle, and convenience.

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$449,000 - 1 Greystone Walk Drive Unit 587, Kennedy Park

Condo for Sale in Kennedy Park

Popular Listing

Neighbourhood: Kennedy Park

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13482282
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
South East
Balcony
None
Listing Brokerage
THE CANADIAN HOME REALTY INC.
Description

Bright and spacious 2+1 bedroom, 2-bath condo offering stunning unobstructed park views in a well-managed building. Freshly painted throughout, featuring upgraded bathrooms, new light fixtures, and a sun-filled layout with a versatile den/sunroom ideal as a home office, guest room, or potential 3rd bedroom. Updated kitchen with custom cabinetry and quartz countertops. Maintenance fees include all utilities for worry-free living. Exceptional amenities include indoor pool, gym, sauna, squash court, tennis court, rooftop garden, picnic area, 24-hour gatehouse security, and ample visitor parking. Conveniently located within walking distance to Scarborough GO Station, providing easy access to downtown Toronto and the GTA. A perfect blend of space, comfort, lifestyle, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

$
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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kennedy Park

Discover Kennedy Park

Kennedy Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kennedy Park

  • Convenient location in Dorset Park / Kennedy Park
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kennedy Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Greystone Walk Drive Unit 587, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$1,698

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $449/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Kennedy Park

I know Kennedy Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Greystone Walk Drive Unit 587 | $449,000 | Battaglia Team