$409,900 - 2550 Lawrence Avenue Unit 815, Kennedy Park
Condo for Sale in Kennedy Park
New — Listed 3 days ago- MLS Number
- E13417102
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- Coldwell Banker Electric Realty
Overlooking the Scarborough Muslim Association mosque, this beautifully renovated 8th-floor condo is the opportunity first-time buyers and young professional couples have been waiting for. If you're ready to stop renting and start building equity without the stress of fluctuating utility bills, your condo fees cover heat, hydro, water, and air conditioning, and an owned underground parking space is included, so you can budget with complete confidence every single month and put your energy toward the things that actually matter. Whether you're commuting downtown, working hybrid, or just starting out together, this move-in ready one-bedroom gives you a stylish space that feels like home from the moment you walk in. The kitchen features new cabinetry, quartz countertops, and a new dishwasher; the bathroom has been fully redone with marble-look tile, a glass shower, and an LED vanity mirror; and new custom tile and laminate flooring run throughout. A brand-new in-suite washer and dryer means no coin laundry, no shared machines, no scheduling your week around it. Oversized floor-to-ceiling windows flood the space with natural light and frame sweeping city views from both the living room and bedroom. It's the kind of backdrop that makes working from home or unwinding after a long day genuinely enjoyable. As an 8th floor resident, the rooftop patio is right on your level for effortless outdoor access, and the building's indoor pool, hot tub, sauna, gym, games room, and 24-hour concierge mean your lifestyle needs are covered without ever leaving home. With TTC at your door and Kennedy Subway, GO Station, Scarborough Town Centre, and Highway 401 just minutes away.
Estimate your monthly payments for this property
Estimated Payment
$2,103.00/mo
Includes CMHC insurance ($11,436)
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.
2550 Lawrence Avenue Unit 815, 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
Fair Market Value
At $820/sqft, this property is priced in line with current Kennedy Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 500 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.