45 Strangford Lane Unit 309, Toronto E04

Price: $579,900

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13076942

Lovely and sunny 2-bedroom, 3-bathroom townhouse in a prime location, just minutes from grocery stores, schools, parks, highways, and a quick commute to downtown. Close to a variety of amenities. Well-maintained with laminate flooring throughout, featuring a granite countertop and double sink in the kitchen. Includes Hunter Douglas shades/shutters on the main floor, updated light fixtures, and a walk-out balcony with ample space. Parking is included. This is the perfect starter for anyone looking for space for their family. One of the larger units in the complex!

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$579,900 - 45 Strangford Lane Unit 309, Kennedy Park

Condo for Sale in Kennedy Park

43 days on market
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13076942
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Lovely and sunny 2-bedroom, 3-bathroom townhouse in a prime location, just minutes from grocery stores, schools, parks, highways, and a quick commute to downtown. Close to a variety of amenities. Well-maintained with laminate flooring throughout, featuring a granite countertop and double sink in the kitchen. Includes Hunter Douglas shades/shutters on the main floor, updated light fixtures, and a walk-out balcony with ample space. Parking is included. This is the perfect starter for anyone looking for space for their family. One of the larger units in the complex!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

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5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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 309, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,178

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 $580/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 43 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,416 (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 309, Do… — $579,900 | Battaglia Team