$965,000 - 10 Faulkland Road, Kennedy Park
Detached for Sale in Kennedy Park
New — Listed yesterday- MLS Number
- E13435594
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- ROYAL LEPAGE PERFORMANCE REALTY
Welcome to this exceptionally well-maintained and thoughtfully updated detached home in the heart of Clairlea. Offering a rare combination of character, functionality and flexibility, this move-in ready residence features two renovated kitchens, a separate side entrance and beautifully finished living space across all levels. The main floor showcases a bright updated kitchen, formal dining room, inviting living room anchored by a gas fireplace and a sun-filled rear family room with walkout to a spacious, well-built deck overlooking the private backyard and mature trees. Upstairs, you'll find two generous bedrooms filled with natural light, complemented by hardwood flooring and a ductless heating and cooling system for year-round comfort. The finished lower level offers outstanding versatility with a second renovated kitchen, updated bathroom, spacious recreation area and separate side entrance-providing excellent flexibility for multi-generational living, extended family accommodations or potential future income opportunities. Pride of ownership is evident throughout. Furnace, plumbing and other major systems have been professionally inspected and maintained. Recent improvements include a fully finished basement, upgraded 200-amp electrical service, grounded and GFCI-protected outlets, and a premium $28,000 walk-in tub installed in 2024. Laboratory testing of original drywall and skim coat samples from the main floor confirmed no asbestos was detected in the tested materials. Ideally located close to public transit, the Eglinton Crosstown LRT, shopping, restaurants, parks and schools, including Clairlea Public School and SATEC. A rare opportunity to own a beautifully maintained home offering comfort, flexibility and long-term peace of mind.
Estimate your monthly payments for this property
Estimated Payment
$4,950.95/mo
Includes CMHC insurance ($26,924)
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.
10 Faulkland Road, Dorset Park / Kennedy Park
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Rental income estimator & ROI calculator
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
Fair Market Value
At $877/sqft, this property is priced in line with current Kennedy Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Detached Home Advantages
Detached homes in Kennedy Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kennedy Park. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.