17 Electro Road, Toronto E04

Price: $1,195,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12968742

Beautifully Renovated Bungalow in Prime Wexford Location. Fully renovated bungalow situated on a 47 ft wide lot in the heart of Wexford. Designed with meticulous attention to detail, this home boasts a bright and open-concept main floor, featuring a modern chef's kitchen perfect for entertaining. Converted 3 bedroom, this home has been thoughtfully reconfigured to include a dedicated mudroom with laundry, a stylish bathroom, and a walkout to private backyard. The well-designed basement offers a self-contained 3-bedroom apartment, providing excellent income potential or additional living space to enjoy the entire home.

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delisted
1/22

$1,195,000 - 17 Electro Road, Kennedy Park

Detached for Sale in Kennedy Park

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12968742
Property Type
Detached
Status
delisted
Days on Site
23
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
CENTURY 21 REGAL REALTY INC.
Description

Beautifully Renovated Bungalow in Prime Wexford Location. Fully renovated bungalow situated on a 47 ft wide lot in the heart of Wexford. Designed with meticulous attention to detail, this home boasts a bright and open-concept main floor, featuring a modern chef's kitchen perfect for entertaining. Converted 3 bedroom, this home has been thoughtfully reconfigured to include a dedicated mudroom with laundry, a stylish bathroom, and a walkout to private backyard. The well-designed basement offers a self-contained 3-bedroom apartment, providing excellent income potential or additional living space to enjoy the entire home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,285.89/mo

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5-yr fixed avg.

Principal: $956,000Interest: $629,766
Mortgage Amount$956,000
Total Interest$629,766
Est. Property Tax$846/mo
Total Cost$1,585,766

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

17 Electro Road, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$846
Insurance (est.)-$249
Net Cash Flow+$2,505

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

Fair Market Value

At $1086/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.

Market Position

At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 5 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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