139 Tower Drive, Toronto E04

Price: $899,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12918764

Welcome to 139 Tower Drive - a meticulously maintained and lovingly cared for 3+1 bedroom, 2 bathroom bungalow in a sought-after, family-friendly neighbourhood. Pride of ownership shines throughout, with refinished hardwood floors, fresh paint in every room, and an updated main floor bathroom with modern finishes. The spacious, freshly carpeted lower level features a large open living area, a separate bedroom, and a full bathroom - perfect for a nanny suite, in-law accommodations, future income potential, or simply extra living space for the family. The exterior has been impeccably cared for over the years, maintaining both curb appeal and character. The private backyard includes two handy storage sheds and backs onto Buchanan Public School (JK-8) along with the adjoining park and updated playground - a huge plus for families, and no rear neighbours! This coveted location feeds into Wexford Collegiate School for the Arts, offers easy access to transit, shopping and dining, and is rooted in a quiet, family-oriented community. A truly charming property that stands out for its exceptional condition, thoughtful upkeep, and ideal location. This one is not to be missed.

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$899,900 - 139 Tower Drive, Kennedy Park

Detached for Sale in Kennedy Park

83 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12918764
Property Type
Detached
Status
active
Days on Site
83
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
SKYBOUND REALTY
Description

Welcome to 139 Tower Drive - a meticulously maintained and lovingly cared for 3+1 bedroom, 2 bathroom bungalow in a sought-after, family-friendly neighbourhood. Pride of ownership shines throughout, with refinished hardwood floors, fresh paint in every room, and an updated main floor bathroom with modern finishes. The spacious, freshly carpeted lower level features a large open living area, a separate bedroom, and a full bathroom - perfect for a nanny suite, in-law accommodations, future income potential, or simply extra living space for the family. The exterior has been impeccably cared for over the years, maintaining both curb appeal and character. The private backyard includes two handy storage sheds and backs onto Buchanan Public School (JK-8) along with the adjoining park and updated playground - a huge plus for families, and no rear neighbours! This coveted location feeds into Wexford Collegiate School for the Arts, offers easy access to transit, shopping and dining, and is rooted in a quiet, family-oriented community. A truly charming property that stands out for its exceptional condition, thoughtful upkeep, and ideal location. This one is not to be missed.

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Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

139 Tower Drive, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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

Premium Pricing

At $1286/sqft, this property is priced above the Kennedy Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 83 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.

Efficient Living

At 700 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.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    139 Tower Drive, Dorset Park /… — $899,900 | Battaglia Team