$2,250,000 - 18 Ivorwood Crescent, Kennedy Park
Detached for Sale in Kennedy Park
103 days on market- MLS Number
- E12848382
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- REALTY ONE GROUP FLAGSHIP
Welcome to this exquisite 2 Storey 4 bdrm dethome that offers a new standard of luxurious and versatile living, perfectly designed for both modern families. It features two fully legal and self-contained units, combining high-end design. The main unit welcomes you with a dramatic ten-foot ceiling and expansive windows that flood the open-concept living, dining, and kitchen areas with natural light. The kitchen is a culinary masterpiece, featuring a striking quartz waterfall center island, vast quartz countertops, and a full quartz backsplash. A pantry with custom cabinetry and matching quartz surfaces provides abundant storage with a high-end finish. Elegant white oak engineered hardwood floors and sleek glass railings flow seamlessly through the space, extending to the front and back porches. The living room features a direct walk-out to a fully landscaped, private backyard your personal oasis for relaxation and outdoor entertaining. The 2nd floor, with its nine-foot ceilings, white oak engineered hard wood floors and oversized windows, is dedicated to private comfort. It features 4 spacious bedrooms with accent wall, each with its own walk-in closet and lavish ensuite bathroom, providing a spa-like retreat for every member of the family. The homes value is further enhanced by a fully legal, walk-up basement with its own self-contained unit. The second unit is a complete living space with its own separate entrance, two comfortable bedrooms, Open Concept includes kitchen/Dining/Living Room, full bathroom and laundry. Practicality meets luxury in the oversized two-car garage, which features a 13-foot ceiling and roughed-in wiring for an electric vehicle. The home is located in a low-density residential area within the Wexford-Maryvale neighborhood in Scarborough. Enjoy an effortless lifestyle just steps away from Parkway Mall, cafes, and public transit. A quick 3 minute walk puts you on the bus route, and major highways like the 401 and DVP are easily accessible
Estimate your monthly payments for this property
Estimated Payment
$9,952.51/mo
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.
18 Ivorwood Crescent, Dorset Park / Kennedy Park
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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 $900/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.
Negotiation Opportunity
At 103 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 6 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 6 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 $9,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.