1950 Kennedy Road, Toronto, ON

$599,900
MLS#:E9036931
3 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • Efficient baseboard heating via electric

Description

Prime Scarborough Location! Your Chance To Own A Professional Upgraded 3 large Bedroom Unit With Open Concept Layout. Laminate Floor Throughout, Modern Kitchen with Hardwood Cabinets & Island, Quartz countertop & Wall. New Led Light, 3 Large Closet In The Hallway with New Closet Doors. All the Appliances are Brand New. And Newly Renovated Bathroom with Led Light Mirror. All three Bedrooms are Very Large. You'll Absolutely Love! Just Minutes To 401, Across From Kennedy Commons With Grocery Store, Shops, Banks, Park. Walk to school and subway And More! Perfect For 1st Time Home Buyer or Investor. Come And See!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date7/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$1,108.7

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Public Transit, Rec./Commun.Centre, School, Library

Interior Features

Other

Security Features

Community Features

Location

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1950 Kennedy Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1950 Kennedy Road 1209, Toronto E04, ON M1P 4S9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$34,990 (5.8%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period25 Years
Estimated Monthly Payment$3,366Based on a loan of $564,910 over 25 years.
Purchase Price$599,900
Loan Amount$564,910
Provincial Land Transfer Tax:$8,473
Toronto Municipal Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$16,946

About Purchasing a Home in Toronto, ON

For a property listed at $599,900 in Toronto, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,473 also applies, bringing the total estimated land transfer taxes to $16,946.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dorset Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$708,257

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ellesmere-Statton
Public739 Ellesmere Road, Scarborough, Toronto, Ontario, M1P 2W1
6.6
St Lawrence
Public2216 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P9
6.8
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2
St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
Precious Blood
Public1035 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2G8
6.3

Secondary Schools

Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Wexford Collegiate-Arts
Public1176 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2H7
5.3
Senator O’Connor
Public60 Rowena Drive, Toronto, Ontario, M3A 3R2
7.3
Victoria Park
Public15 Wallingford Road, Toronto, Ontario, M3A 2V1
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.