$810,000 - 106 FLORA Drive, Kennedy Park
Detached for Sale in Kennedy Park
138 days on market- MLS Number
- E12457789
- Property Type
- Detached
- Status
- active
- Days on Site
- 138
- Bedrooms
- 8
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- CENTURY 21 REGAL REALTY INC.
Welcome to 106 Flora Drive A Home Youll Never Outgrow. This rare oversized corner lot in one of Scarboroughs most connected and family-friendly neighborhoods offers the perfect balance of space, privacy, and possibility. With its wide frontage, deep lot, and private backyard, this property is more than just a house its the foundation for your forever home. Whether you're dreaming of adding a second storey, building a backyard garden suite, or designing a custom home that fits your growing family, the options here are endless. The expansive lot, combined with a peaceful fenced backyard, provides the ideal canvas for outdoor living, entertaining, and future development all while maintaining your privacy. Already featuring a functional multi-unit setup with private entrances, this property also delivers immediate income potential from reliable tenants. Its the perfect blend of move-in comfort and long-term flexibility, allowing you to live, earn, and expand on your own timeline. Located just minutes from Kennedy Station, the future Eglinton Crosstown LRT, and Highway 401, this home offers effortless access across Toronto and the GTA. Surrounded by schools, parks, and shopping, its perfectly positioned for both family living and rental demand.With its land, layout, and location, 106 Flora Drive stands out as a once-in-a-generation opportunity a property that grows with you and pays you back. Highlights:Oversized corner lot with private, fenced backyardRoom to add a second storey, garden suite, or multi-unit buildMulti-unit setup with strong rental income potentialSteps to Kennedy Station & future Eglinton LRT lineClose to schools, parks, and shopping106 Flora Drive A Forever Home Youll Never Outgrow.
Estimate your monthly payments for this property
Estimated Payment
$4,155.72/mo
Includes CMHC insurance ($22,599)
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.
106 FLORA Drive, 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
Competitive Pricing
At $736/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 138 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.
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.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kennedy Park.
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 $3,375 (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.