1950 Kennedy Road Unit 207, Toronto E04

Price: $369,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E13225176

Discover exceptional value at Dorset Tower - 1950 Kennedy Rd, Unit 207. This bright and spacious 2-bedroom, 1-bath suite offers 880 sq ft of comfortable living, ideal for first-time buyers, families, or savvy investors.The thoughtfully designed layout features a generous combined living and dining area with laminate flooring and large windows, a separate kitchen with quartz countertops, stainless steel appliances, and tile flooring, and two well-sized bedrooms - the primary with a large closet and the second with its own closet as well.What truly sets this unit apart: an all-inclusive maintenance fee covering heat, water, cable TV, high-speed fiber internet (Rogers 1.5 Gbps), building insurance, and parking - meaningfully reducing your monthly cost of ownership compared to most condo listings in today's market. Add an exceptionally low annual property tax of under $1,000, and this suite delivers value that is genuinely rare across the GTA.The well-managed building features an exercise room, party/meeting room, sauna, playground, and ample visitor parking - plus a dedicated ensuite locker for added storage convenience.Steps from Kennedy Commons shopping (Metro,Foody,Structube, Mcdonalds, Dollarama, LA Fitness, TD bank etc), Costco and Walmart nearby, TTC bus routes, Kennedy Subway Station, and Hwy 401 - a smart, affordable choice in one of Scarborough's most connected neighbourhoods.

1950 Kennedy Road Unit 207 - Condo photo 1 of 31 in Dorset Park / Kennedy Park, Ontario
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$369,000 - 1950 Kennedy Road Unit 207, Kennedy Park

Condo for Sale in Kennedy Park

Popular Listing
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
E13225176
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
Ensuite
Exposure
North
Balcony
Terrace
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Discover exceptional value at Dorset Tower - 1950 Kennedy Rd, Unit 207. This bright and spacious 2-bedroom, 1-bath suite offers 880 sq ft of comfortable living, ideal for first-time buyers, families, or savvy investors.The thoughtfully designed layout features a generous combined living and dining area with laminate flooring and large windows, a separate kitchen with quartz countertops, stainless steel appliances, and tile flooring, and two well-sized bedrooms - the primary with a large closet and the second with its own closet as well.What truly sets this unit apart: an all-inclusive maintenance fee covering heat, water, cable TV, high-speed fiber internet (Rogers 1.5 Gbps), building insurance, and parking - meaningfully reducing your monthly cost of ownership compared to most condo listings in today's market. Add an exceptionally low annual property tax of under $1,000, and this suite delivers value that is genuinely rare across the GTA.The well-managed building features an exercise room, party/meeting room, sauna, playground, and ample visitor parking - plus a dedicated ensuite locker for added storage convenience.Steps from Kennedy Commons shopping (Metro,Foody,Structube, Mcdonalds, Dollarama, LA Fitness, TD bank etc), Costco and Walmart nearby, TTC bus routes, Kennedy Subway Station, and Hwy 401 - a smart, affordable choice in one of Scarborough's most connected neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,893.16/mo

Includes CMHC insurance ($10,295)

$
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5%10%50%

5-yr fixed avg.

Principal: $332,100Interest: $225,553
Mortgage Amount$342,395
Total Interest$225,553
Est. Property Tax$261/mo
Total Cost$567,948

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 207, 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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,342

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 $461/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.

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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    1950 Kennedy Road Unit 207, Dor… — $369,000 | Battaglia Team