$569,800 - 1101 Pharmacy Avenue Unit 505, Kennedy Park
Condo for Sale in Kennedy Park
38 days on market- MLS Number
- E13107398
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SAFELAND REALTY INC.
Welcome To The Carlisle - A Fully Renovated, Turn-Key 3-Bedroom Condo Offering Exceptional Style, Comfort, And Convenience In One Of Toronto's Most Connected East-End Communities! This Beautifully Updated Suite Has Been Freshly Painted Throughout And Features Modern Engineered Hardwood Flooring, Creating A Clean, Bright, And Contemporary Feel From The Moment You Walk In. The Heart Of The Condo Is The Stunning Open Concept Kitchen, Thoughtfully Designed For Both Functionality And Entertaining, Complete With Stainless Steel Appliances, Quartz Countertops, A Large Centre Island, And A Rare Walk-In Pantry - A Premium Feature Offering Incredible Additional Storage Space. The Spacious Living And Dining Areas Flow Seamlessly Together And Are Bathed In Natural Light From The Desirable West-Facing Exposure, Delivering Beautiful Afternoon Sunshine And Evening Sunset Views. The Bathrooms Have Been Beautifully Renovated With A Modern Designer Feel, Featuring Updated Fixtures, Contemporary Finishes, Stylish Vanities, And A Fresh Spa-Inspired Aesthetic That Elevates Everyday Living. The Primary Bedroom Is A True Retreat, Featuring His & Her Closets And A Renovated Private 2-Piece Ensuite For Added Comfort And Convenience. Complete With In-Suite Laundry And Owned Parking, This Move-In Ready Unit Offers The Perfect Blend Of Practicality And Upscale Condo Living. Located In A Vibrant, Established Community Along Lawrence Avenue, Residents Enjoy Easy Access To An Incredible Variety Of International Restaurants, Specialty Grocers, Cafés, Bakeries, And Everyday Shopping That Reflect The Area's Rich Cultural Diversity. Transit Is Right Outside Your Doorstep, And You're Just Minutes To The Don Valley Parkway And Highway 401 For Seamless Commuting Across The GTA. Close To Parks, Schools, Community Centres, And All Major Amenities - This Is Urban Convenience And Modern Comfort At Its Best!
Estimate your monthly payments for this property
Estimated Payment
$2,923.37/mo
Includes CMHC insurance ($15,897)
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.
1101 Pharmacy Avenue Unit 505, 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 $475/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 38 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.
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.
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 $2,374 (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.