20 Cleta Drive, Toronto E04

Price: $869,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13040818

Exceptional Lot, Great Bones and Unlimited Potential. This 3+1 bed, 2 bath family home is ideal for Builders, Investors and End users alike. Set on a rare 52.96 x 163.83 ft lot, this 1.5 Storey home offers outstanding potential in a prime Kennedy Park location. Features include a rare main floor family room, a modernized kitchen with stainless steel appliances and adjacent breakfast area, main floor office that can easily be a bedroom, an upper floor with 2 bedrooms and a full 3pc bath with glassed in shower, and a peaceful backyard highlighted by blooming Rose of Sharon. The basement adds valuable flexibility with a separate entrance, rec room, additional bedroom, and 2pc bath, offering strong in-law suite or income potential. A private driveway with parking for up to six vehicles adds further practicality and value. Surrounded by parks, schools, and everyday amenities, this location offers excellent convenience with TTC access nearby and close proximity to Scarborough GO Station. Commuting is simple, while shopping, dining, and daily essentials are all within easy reach, making this a well-connected pocket with a strong sense of growth and momentum. Whether you move-in now, renovate or build - 20 Cleta Drive is an excellent Investment.

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$869,000 - 20 Cleta Drive, Kennedy Park

Detached for Sale in Kennedy Park

53 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13040818
Property Type
Detached
Status
active
Days on Site
53
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
Signature Elite Realty Ltd.
Description

Exceptional Lot, Great Bones and Unlimited Potential. This 3+1 bed, 2 bath family home is ideal for Builders, Investors and End users alike. Set on a rare 52.96 x 163.83 ft lot, this 1.5 Storey home offers outstanding potential in a prime Kennedy Park location. Features include a rare main floor family room, a modernized kitchen with stainless steel appliances and adjacent breakfast area, main floor office that can easily be a bedroom, an upper floor with 2 bedrooms and a full 3pc bath with glassed in shower, and a peaceful backyard highlighted by blooming Rose of Sharon. The basement adds valuable flexibility with a separate entrance, rec room, additional bedroom, and 2pc bath, offering strong in-law suite or income potential. A private driveway with parking for up to six vehicles adds further practicality and value. Surrounded by parks, schools, and everyday amenities, this location offers excellent convenience with TTC access nearby and close proximity to Scarborough GO Station. Commuting is simple, while shopping, dining, and daily essentials are all within easy reach, making this a well-connected pocket with a strong sense of growth and momentum. Whether you move-in now, renovate or build - 20 Cleta Drive is an excellent Investment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,458.42/mo

Includes CMHC insurance ($24,245)

$
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5%10%50%

5-yr fixed avg.

Principal: $782,100Interest: $531,181
Mortgage Amount$806,345
Total Interest$531,181
Est. Property Tax$616/mo
Total Cost$1,337,526

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

20 Cleta 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$616
Insurance (est.)-$181
Net Cash Flow+$2,403

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

Competitive Pricing

At $790/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 53 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.

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 $3,621 (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.

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    20 Cleta Drive, Dorset Park / K… — $869,000 | Battaglia Team