$530,000 - 1470 Midland Avenue Unit 608, Kennedy Park
Condo for Sale in Kennedy Park
New — Listed yesterday- MLS Number
- E13424674
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Absolutely stunning, newly renovated corner unit at 1470 Midland Avenue, Unit 608! This bright and spacious 2+1 bedroom condo features 2 full bathrooms and floor-to-ceiling windows in the living room that flood the space with natural light. Located in the highly desirable Namar Road area, this sun-filled unit offers both comfort and style. The building boasts 24-hour security, and the maintenance fee includes hydro, heat, water, and access to a full range of amenities: indoor pool, gym, sauna, hot tub, billiards room, library, private courtyard, visitor parking, and more ideal for enjoying the condo lifestyle. A mosque is just a 2-minute walk from the building. A must-see opportunity you won't want to miss! Situated in a vibrant and family-friendly community, this condo is in the heart of Scarborough, close to Midland Subway Station and with TTC access just steps away. Enjoy unmatched convenience with Shoppers Drug Mart, a large plaza, multiple grocery stores, banks, parks, and diverse restaurants right at your doorstep. Plus, it's just a 5-minute drive to Scarborough Town Centre for all your shopping and entertainment needs. Buyer can assume existing tenants or vacant possession can be given.
Estimate your monthly payments for this property
Estimated Payment
$2,719.17/mo
Includes CMHC insurance ($14,787)
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.
1470 Midland Avenue Unit 608, 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 $530/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kennedy Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,208 (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.