5 Greystone Walk Drive Unit 1405, Toronto E04

Price: $570,000

3 bedrooms, 2 bathrooms

Property Type: Condo

MLS#: E13463628

Welcome To This Beautiful Tridel 2 Bed plus den and 2 Bath Suite, Perfect Way To Step Into The Market With This Affordable Condo Which Includes Some Of The Cities Best Amenities Around! Large Windows and large balcony Through Out Allow A Beautiful View Of The City And Tons Of Natural Light Fill The Entire Suite. On Site Laundry Convenience And 24Hr Gatehouse Security. Amenities Include Indoor/Outdoor Pool, Tennis Court, Squash Court, Party Room, Games Room. Maintenance Fees Include Heat, Hydro And Water!Large Oversized Corner Unit. great Square Feet With A Stunning Sunrise-Sunset Balcony. Luxury Style Amenities. Large Windows Throughout For Natural Light, 2 Generous Sized Bedrooms With Primary Bedroom Ensuite Bath And Walk In Closet. The Spacious Living Room Allows You, The Buyer,The Ability To Truly Make It Your Own With Reasonable Furniture Size, Design And Decor. Unlike Modern Condos, This Size Of Unit Is Rare To Come By. Luxury Club Style Amenities! Private Gatehouse Entry, 24Hr Security, Indoor And Outdoor Pools, Hot Tub + Sauna, 5 Star Change Room Facilities, Squash Courts, Tennis Courts, Party Room, Billards Room, Exercise Room, Massive Rooftop Garden/Patio * Great For Kids*, Dog Walking Trails * Pets Permitted*, Visitor Parking. Children's Playground Neighbouring The Building. Plaza In Front And Quick Access To Warden/Kennedy Ttc

5 Greystone Walk Drive Unit 1405 - Condo photo 1 of 26 in Dorset Park / Kennedy Park, Ontario
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$570,000 - 5 Greystone Walk Drive Unit 1405, Kennedy Park

Condo for Sale in Kennedy Park

Neighbourhood: Kennedy Park

3Beds
2Baths
N/ASq Ft
Condo
Property Details
MLS Number
E13463628
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
2
Square Feet
N/A sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
EVEREST REALTY LTD.
Description

Welcome To This Beautiful Tridel 2 Bed plus den and 2 Bath Suite, Perfect Way To Step Into The Market With This Affordable Condo Which Includes Some Of The Cities Best Amenities Around! Large Windows and large balcony Through Out Allow A Beautiful View Of The City And Tons Of Natural Light Fill The Entire Suite. On Site Laundry Convenience And 24Hr Gatehouse Security. Amenities Include Indoor/Outdoor Pool, Tennis Court, Squash Court, Party Room, Games Room. Maintenance Fees Include Heat, Hydro And Water!Large Oversized Corner Unit. great Square Feet With A Stunning Sunrise-Sunset Balcony. Luxury Style Amenities. Large Windows Throughout For Natural Light, 2 Generous Sized Bedrooms With Primary Bedroom Ensuite Bath And Walk In Closet. The Spacious Living Room Allows You, The Buyer,The Ability To Truly Make It Your Own With Reasonable Furniture Size, Design And Decor. Unlike Modern Condos, This Size Of Unit Is Rare To Come By. Luxury Club Style Amenities! Private Gatehouse Entry, 24Hr Security, Indoor And Outdoor Pools, Hot Tub + Sauna, 5 Star Change Room Facilities, Squash Courts, Tennis Courts, Party Room, Billards Room, Exercise Room, Massive Rooftop Garden/Patio * Great For Kids*, Dog Walking Trails * Pets Permitted*, Visitor Parking. Children's Playground Neighbouring The Building. Plaza In Front And Quick Access To Warden/Kennedy Ttc

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,924.40/mo

Includes CMHC insurance ($15,903)

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5-yr fixed avg.

Principal: $513,000Interest: $348,416
Mortgage Amount$528,903
Total Interest$348,416
Est. Property Tax$404/mo
Total Cost$877,319

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

5 Greystone Walk Drive Unit 1405, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$975
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$1,662

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

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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 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.

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.

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 $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5 Greystone Walk Drive Unit 1405 | $570,000 | Battaglia Team