45 Strangford Lane Unit 207, Toronto E04

Price: $539,100

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E12892592

Excellent opportunity to own a spacious one-level condo townhouse! Well-maintained unit featuring 2 bedrooms, 2 full washrooms, functional open-concept layout, and a nicely sized kitchen. Main floor entry with underground parking and locker included.Prime location just steps to TTC transit with easy access to subway and Eglinton LRT. Only minutes by bus to Victoria Park Station, quick access to Hwy 401, and convenient commute to downtown.Close to schools, parks, grocery stores, shopping, and dining, including Eglinton Town Centre and local markets. A vibrant neighbourhood offering excellent connectivity, everyday convenience, and great value for first-time buyers, downsizers, or investors.

45 Strangford Lane Unit 207 - Condo photo 1 of 20 in Dorset Park / Kennedy Park, Ontario
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$539,100 - 45 Strangford Lane Unit 207, Kennedy Park

Condo for Sale in Kennedy Park

90 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E12892592
Property Type
Condo
Status
active
Days on Site
90
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Excellent opportunity to own a spacious one-level condo townhouse! Well-maintained unit featuring 2 bedrooms, 2 full washrooms, functional open-concept layout, and a nicely sized kitchen. Main floor entry with underground parking and locker included.Prime location just steps to TTC transit with easy access to subway and Eglinton LRT. Only minutes by bus to Victoria Park Station, quick access to Hwy 401, and convenient commute to downtown.Close to schools, parks, grocery stores, shopping, and dining, including Eglinton Town Centre and local markets. A vibrant neighbourhood offering excellent connectivity, everyday convenience, and great value for first-time buyers, downsizers, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,765.86/mo

Includes CMHC insurance ($15,041)

$
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5%10%50%

5-yr fixed avg.

Principal: $485,190Interest: $329,528
Mortgage Amount$500,231
Total Interest$329,528
Est. Property Tax$382/mo
Total Cost$829,759

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

45 Strangford Lane 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,186

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 $674/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.

Negotiation Opportunity

At 90 days on site, this property has exceeded the typical selling timeline for Kennedy Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $2,246 (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.

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    45 Strangford Lane Unit 207, Do… — $539,100 | Battaglia Team