$439,900 - 5 Greystone Walk Drive Unit 1001, Kennedy Park
Condo for Sale in Kennedy Park
118 days on market- MLS Number
- E12869624
- Property Type
- Condo
- Status
- active
- Days on Site
- 118
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Discover a premier living opportunity in one of Toronto's finest buildings located on the East Side. This luxurious Tridel development offers an exceptional range of amenities that promote an active, sophisticated lifestyle. Residents benefit from access to a well-maintained indoor pool, fitness center, soothing sauna facilities, games room, media room, squash and tennis courts. These extensive recreational offerings eliminate the need for external fitness memberships, as all amenities are included in the maintenance fees. This spacious unit offers over 800 sq ft of well-designed living space, featuring a thoughtful split floor plan with 2 comfortable bedrooms and a 4pc washroom. Step out onto your private balcony and be greeted by a clear, scenic view-perfect for unwinding with your favourite beverage as you take in the surroundings. The unit comes with 1 designated parking space and an additional storage locker to meet your needs.Located in an unbeatable area, you'll find yourself steps from public transit, including the Scarborough GO Train, making commuting a breeze. Families will appreciate the proximity to schools, while shopping enthusiasts will enjoy a variety of nearby retail options. Furthermore, the stunning Scarborough Bluffs are within easy reach, offering breathtaking views of Lake Ontario. This unit is not just a home; it's a lifestyle waiting to be embraced.
Estimate your monthly payments for this property
Estimated Payment
$2,256.92/mo
Includes CMHC insurance ($12,273)
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 Dorset Park / Kennedy Park
Dorset 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 Dorset Park / 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
Dorset Park / 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.
5 Greystone Walk Drive Unit 1001, 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 $550/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.
Negotiation Opportunity
At 118 days on site, this property has exceeded the typical selling timeline for Kennedy Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 800 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.
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.