1950 Kennedy Road Unit 101, Toronto E04

Price: $375,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E13130296

This beautifully updated 2-bedroom, 1-bathroom condo offers a perfect blend of comfort, style, and convenience. Recently renovated, the open concept unit features modern upgrades throughout, making it truly move-in ready. The spacious layout is enhanced by new laminate flooring that adds a sleek and contemporary touch. A refreshed kitchen showcases quality finishes and durable ceramic flooring, a large centre island, ideal for everyday living and entertaining. Freshly painted walls create a bright and welcoming atmosphere that feels warm and inviting. Both bedrooms are generously sized, providing comfortable spaces for rest or work-from-home setups. The functional layout maximizes space, making it ideal for small families, couples, or first-time buyers. Located in a highly sought-after area, this condo is just minutes from Highway 401 for easy commuting. Residents will enjoy close proximity to shopping at Kennedy Commons and access to a wide range of amenities. Nearby institutions include the University of Toronto Scarborough, Centennial College, and the Toronto Pan Am Sports Centre. Public transit, including TTC and GO stations, is only a short drive away for added convenience.This is an excellent opportunity to own a stylish, affordable home in a prime location that offers both comfort and connectivity.

1950 Kennedy Road Unit 101 - Condo photo 1 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 2 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 3 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 4 of 22 in Dorset Park / Kennedy Park, Ontario
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1950 Kennedy Road Unit 101 - Condo photo 7 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 8 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 9 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 10 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 11 of 22 in Dorset Park / Kennedy Park, Ontario
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1950 Kennedy Road Unit 101 - Condo photo 14 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 15 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 16 of 22 in Dorset Park / Kennedy Park, Ontario
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1950 Kennedy Road Unit 101 - Condo photo 18 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 19 of 22 in Dorset Park / Kennedy Park, Ontario
1950 Kennedy Road Unit 101 - Condo photo 20 of 22 in Dorset Park / Kennedy Park, Ontario
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$375,000 - 1950 Kennedy Road Unit 101, Kennedy Park

Condo for Sale in Kennedy Park

2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
E13130296
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

This beautifully updated 2-bedroom, 1-bathroom condo offers a perfect blend of comfort, style, and convenience. Recently renovated, the open concept unit features modern upgrades throughout, making it truly move-in ready. The spacious layout is enhanced by new laminate flooring that adds a sleek and contemporary touch. A refreshed kitchen showcases quality finishes and durable ceramic flooring, a large centre island, ideal for everyday living and entertaining. Freshly painted walls create a bright and welcoming atmosphere that feels warm and inviting. Both bedrooms are generously sized, providing comfortable spaces for rest or work-from-home setups. The functional layout maximizes space, making it ideal for small families, couples, or first-time buyers. Located in a highly sought-after area, this condo is just minutes from Highway 401 for easy commuting. Residents will enjoy close proximity to shopping at Kennedy Commons and access to a wide range of amenities. Nearby institutions include the University of Toronto Scarborough, Centennial College, and the Toronto Pan Am Sports Centre. Public transit, including TTC and GO stations, is only a short drive away for added convenience.This is an excellent opportunity to own a stylish, affordable home in a prime location that offers both comfort and connectivity.

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Estimate your monthly payments for this property

Estimated Payment

$1,923.94/mo

Includes CMHC insurance ($10,463)

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5-yr fixed avg.

Principal: $337,500Interest: $229,221
Mortgage Amount$347,963
Total Interest$229,221
Est. Property Tax$266/mo
Total Cost$577,183

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: Dorset Park / Kennedy Park

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

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

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.

70
Walk Score
Varies
Price Range

1950 Kennedy Road Unit 101, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$1,336

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

Competitive Pricing

At $469/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 27 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 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.

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    MLS# E13130296 — 1950 Kennedy Road Unit 101, Dor… | Battaglia Team