1950 Kennedy Road Unit 303, Toronto E04

Price: $344,800

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: E13166274

Perfect for first-time buyers, retirees AND Investors welcome to this modern 2- bedroom condo situated in an uneatable location. Featuring two generously sized bedrooms, this well maintained unit is steps away from TTC, RT train, Grocery stores, and schools. Just steps away from restaurants, shops Birchmount hospital and more. Off Highway 401. The building is professionally managed and offers fantastic amenities including free visitor parking, gym, recreation room & more, Internet is included in Condo fee.

1950 Kennedy Road Unit 303 - Condo photo 1 of 36 in Dorset Park / Kennedy Park, Ontario
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$344,800 - 1950 Kennedy Road Unit 303, Kennedy Park

Condo for Sale in Kennedy Park

2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
E13166274
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Perfect for first-time buyers, retirees AND Investors welcome to this modern 2- bedroom condo situated in an uneatable location. Featuring two generously sized bedrooms, this well maintained unit is steps away from TTC, RT train, Grocery stores, and schools. Just steps away from restaurants, shops Birchmount hospital and more. Off Highway 401. The building is professionally managed and offers fantastic amenities including free visitor parking, gym, recreation room & more, Internet is included in Condo fee.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,769.00/mo

Includes CMHC insurance ($9,620)

$
$
5%10%50%

5-yr fixed avg.

Principal: $310,320Interest: $210,761
Mortgage Amount$319,940
Total Interest$210,761
Est. Property Tax$244/mo
Total Cost$530,701

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 303, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$244
Insurance (est.)-$72
Net Cash Flow+$1,379

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 $383/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 19 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 900 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 303, Dor… — $344,800 | Battaglia Team