5 Greystone Walk Drive Unit 1511, Toronto E04

Price: $495,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: E13228442

This beautifully renovated two-bedroom residence offers an exceptional layout and scenic views within a prestigious Tridel gated community in a highly sought-after Toronto East location. Bright and spacious, this hidden gem features a thoughtfully designed split-bedroom floor plan and a generously sized open-concept living and dining area, ideal for both everyday living and entertaining. The modern kitchen is equipped with quartz countertops and backsplash, newer appliances, and a convenient breakfast bar. Additional highlights include a stylishly updated bathroom, new vinyl flooring throughout, potlights and upgraded light fixtures. The elegant primary bedroom provides a tranquil retreat with ample closet space and a semi-ensuite bathroom. Residents enjoy outstanding amenities, including a gated security entrance, indoor swimming pool, a fully equipped fitness centre, sauna, games and media rooms, as well as squash and tennis courts. Enjoy unparalleled convenience with easy access to the TTC, GO Train, and a nearby shopping mall. Condo fees include heat, hydro, and water. One parking space is included.

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$495,000 - 5 Greystone Walk Drive Unit 1511, Kennedy Park

Condo for Sale in Kennedy Park

New — Listed 3 days ago
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
E13228442
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
South East
Balcony
None
Listing Brokerage
MOVE UP REALTY INC.
Description

This beautifully renovated two-bedroom residence offers an exceptional layout and scenic views within a prestigious Tridel gated community in a highly sought-after Toronto East location. Bright and spacious, this hidden gem features a thoughtfully designed split-bedroom floor plan and a generously sized open-concept living and dining area, ideal for both everyday living and entertaining. The modern kitchen is equipped with quartz countertops and backsplash, newer appliances, and a convenient breakfast bar. Additional highlights include a stylishly updated bathroom, new vinyl flooring throughout, potlights and upgraded light fixtures. The elegant primary bedroom provides a tranquil retreat with ample closet space and a semi-ensuite bathroom. Residents enjoy outstanding amenities, including a gated security entrance, indoor swimming pool, a fully equipped fitness centre, sauna, games and media rooms, as well as squash and tennis courts. Enjoy unparalleled convenience with easy access to the TTC, GO Train, and a nearby shopping mall. Condo fees include heat, hydro, and water. One parking space is included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

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

5 Greystone Walk Drive Unit 1511, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$1,226

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 $619/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.

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 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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    5 Greystone Walk Drive Unit 151… — $495,000 | Battaglia Team