$529,000 - 1 Greystone Walk Drive Unit PH83, Kennedy Park
Condo for Sale in Kennedy Park
Neighbourhood: Kennedy Park
- MLS Number
- E13638254
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
This exquisite 2 bedroom, 1 bathroom suite boasts over 900 sq ft. As you step into the unit, you are welcomed by a spacious foyer that leads to a convenient open closet, perfect for storing your belongings. The heart of this home is the spectacular modern kitchen, equipped with high-end stainless steel appliances, a sleek porcelain backsplash, and sophisticated undermount lighting that enhances the space's elegance. Whether you're a culinary enthusiast or enjoy preparing meals, this kitchen will inspire your creativity. The open concept living area is bathed in natural light, creating a warm and inviting atmosphere with lake views. This versatile space is ideal for both daily living and entertaining guests, with a dining area that exudes intimacy and relaxation, perfect for hosting memorable dinners. Retreat to the tranquil primary bedroom, which features his-and-hers closets and lake views, providing a peaceful setting for unwinding. To indulge after a long day, the semi-ensuite bathroom features a luxurious 4-piece spa-like feel, complete with a deep soaking tub and modern fixtures to enhance your relaxation. The second bedroom offers flexibility, serving seamlessly as a guest room or a home office, catering to your personal or professional needs. Forget the hassle of laundromats, as this suite includes its own private ensuite laundry for your convenience. Additionally, one parking spot is included. This property is in one of Tridel's best-built buildings, renowned for its exceptional quality. The maintenance fees include a wealth of amenities, including a state-of-the-art indoor pool, professional-grade tennis courts, a rejuvenating sauna, a games room, a media room, and a fully equipped fitness center. Conveniently located just steps away from transit options, including Scarborough GO, as well as schools and shopping, this suite offers both luxury and practicality in a vibrant community. Don't miss your chance to call this your home!
Estimate your monthly payments for this property
Estimated Payment
$2,714.04/mo
Includes CMHC insurance ($14,759)
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 PH83, 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 $588/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 18 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.