$429,000 - 5 Greystone Walk Drive Unit 1602, Kennedy Park
Condo for Sale in Kennedy Park
- MLS Number
- E13148146
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- HOUSESIGMA INC.
Beautiful and spacious Tridel-built 1+Den unit with a large solarium that can be used as a second bedroom. Enjoy breathtaking unobstructed panoramic views of the Toronto skyline and CN Tower. This well-maintained luxury building offers exceptional amenities including indoor/outdoor pool, hot tub, gym, squash court, tennis court, party room, and 24/7 on-site security. Conveniently located close to TTC, shopping, and everyday essentials, with easy access to downtown Toronto. Only a 4-minute drive or 15-minute walk to Scarborough GO Station, and approximately 20 minutes to Union Station via GO Train. Includes one parking space and one locker. Furniture can also be included separately at an additional negotiable cost.
Estimate your monthly payments for this property
Estimated Payment
$2,200.99/mo
Includes CMHC insurance ($11,969)
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.
5 Greystone Walk Drive Unit 1602, 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
Competitive Pricing
At $613/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 27 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 700 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.