$549,000 - 1 Greystone Walk Drive Unit 978, Kennedy Park
Condo for Sale in Kennedy Park
Neighbourhood: Kennedy Park
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- MLS Number
- E13814608
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Taxes (2025)
- $1,614
- Maintenance Fees
- $882/mo
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
First time offering! Original owner. Welcome to this stunning 2-bedroom, 2-bath suite offering 1,000 sq. ft. with parking. The bright, beautifully designed living space opens to seamless laminate flooring throughout. Enjoy SW views from your private balcony, with city skyline views. The spacious primary suite features his-and-hers closets and a private 4-piece ensuite, blending comfort, style, and everyday convenience. Located in one of the city's best-value buildings, residents enjoy an impressive array of amenities, including an indoor pool, sauna, tennis and squash courts, gym, and concierge/security service for added peace of mind. A shopping plaza is just steps away, making everyday errands and dinner plans effortless. With transit at your doorstep, nearby Kennedy Station provides convenient access to the Eglinton Crosstown LRT for east-west travel, while Scarborough GO Station makes commuting downtown a breeze. Don't miss this exceptional opportunity. Discover everything this outstanding suite offers.
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
5-yr fixed avg.
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.
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
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.
1 Greystone Walk Drive Unit 978, Dorset Park / Kennedy Park
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $549/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. The $882/month fees should cover building insurance, common elements, and reserve contributions.
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.
Investment Perspective
Looking at this as an investment: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.