60 Fairfax Crescent Unit 421, Toronto E04

Price: $469,900

3 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13032770

Welcome to this beautifully updated 2 bedroom + den suite offering 692 sq ft of efficient, move-in ready living in an incredibly convenient location. Freshly painted and featuring newer appliances, this unit is perfect for buyers looking for a turnkey space in a great well run building. Step inside to a bright, sunlit layout designed to maximize every inch. The open-concept living and dining area flows seamlessly to your private balcony-perfect for morning coffee or unwinding at the end of the day. Large windows fill the space with natural light, creating an inviting and airy feel throughout. The kitchen offers a built in breakfast island , ample cabinetry, and newer appliances (2022), making it both stylish and functional. The versatile den provides incredible flexibility-ideal as a home office, nursery, or even a third bedroom depending on your needs. This unit also includes the convenience of 1 parking space and a locker, adding valuable storage and everyday ease. Located just a short walk to the Eglinton Crosstown LRT, commuting across the city is seamless. You're also steps to nearby grocery stores, cafes, restaurants, and everyday essentials-everything you need right at your doorstep. The building itself is exceptionally well maintained and offers a fantastic selection of amenities, including a fully equipped gym, rooftop patio with BBQ area, party room, and meeting space-perfect for both entertaining and everyday living. Families will appreciate the proximity to local schools and nearby parks, offering green space and recreational options just minutes away. This bright and functional condo checks all the boxes-style, location, and convenience all in one.

60 Fairfax Crescent Unit 421 - Condo photo 1 of 31 in Dorset Park / Kennedy Park, Ontario
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$469,900 - 60 Fairfax Crescent Unit 421, Kennedy Park

Condo for Sale in Kennedy Park

54 days on market
3Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13032770
Property Type
Condo
Status
active
Days on Site
54
Bedrooms
3
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
REALOSOPHY REALTY INC.
Description

Welcome to this beautifully updated 2 bedroom + den suite offering 692 sq ft of efficient, move-in ready living in an incredibly convenient location. Freshly painted and featuring newer appliances, this unit is perfect for buyers looking for a turnkey space in a great well run building. Step inside to a bright, sunlit layout designed to maximize every inch. The open-concept living and dining area flows seamlessly to your private balcony-perfect for morning coffee or unwinding at the end of the day. Large windows fill the space with natural light, creating an inviting and airy feel throughout. The kitchen offers a built in breakfast island , ample cabinetry, and newer appliances (2022), making it both stylish and functional. The versatile den provides incredible flexibility-ideal as a home office, nursery, or even a third bedroom depending on your needs. This unit also includes the convenience of 1 parking space and a locker, adding valuable storage and everyday ease. Located just a short walk to the Eglinton Crosstown LRT, commuting across the city is seamless. You're also steps to nearby grocery stores, cafes, restaurants, and everyday essentials-everything you need right at your doorstep. The building itself is exceptionally well maintained and offers a fantastic selection of amenities, including a fully equipped gym, rooftop patio with BBQ area, party room, and meeting space-perfect for both entertaining and everyday living. Families will appreciate the proximity to local schools and nearby parks, offering green space and recreational options just minutes away. This bright and functional condo checks all the boxes-style, location, and convenience all in one.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

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5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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

60 Fairfax Crescent Unit 421, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$390
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,779

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 $783/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 54 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 600 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    60 Fairfax Crescent Unit 421, D… — $469,900 | Battaglia Team