207 - 1950 Kennedy Road

Dorset Park, Toronto

207 - 1950 Kennedy Road, Dorset Park, Toronto

$369,000


Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $461.25


About this Condo

in Dorset Park, Toronto

Discover exceptional value at Dorset Tower - 1950 Kennedy Rd, Unit 207. This bright and spacious 2-bedroom, 1-bath suite offers 880 sq ft of comfortable living, ideal for first-time buyers, families, or savvy investors.The thoughtfully designed layout features a generous combined living and dining area with laminate flooring and large windows, a separate kitchen with quartz countertops, stainless steel appliances, and tile flooring, and two well-sized bedrooms - the primary with a large closet and the second with its own closet as well.What truly sets this unit apart: an all-inclusive maintenance fee covering heat, water, cable TV, high-speed fiber internet (Rogers 1.5 Gbps), building insurance, and parking - meaningfully reducing your monthly cost of ownership compared to most condo listings in today's market. Add an exceptionally low annual property tax of under $1,000, and this suite delivers value that is genuinely rare across the GTA.The well-managed building features an exercise room, party/meeting room, sauna, playground, and ample visitor parking - plus a dedicated ensuite locker for added storage convenience.Steps from Kennedy Commons shopping (Metro,Foody,Structube, Mcdonalds, Dollarama, LA Fitness, TD bank etc), Costco and Walmart nearby, TTC bus routes, Kennedy Subway Station, and Hwy 401 - a smart, affordable choice in one of Scarborough's most connected neighbourhoods.

Listed by CENTURY 21 MYPRO REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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