$999,000 - 22 Lingarde Drive, Kennedy Park
Detached for Sale in Kennedy Park
- MLS Number
- E13153030
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 22 Lingarde Dr, Scarborough, a beautifully refreshed detached bungalow in the highly desirable Wexford-Maryvale neighbourhood - offering comfort for families and exceptional income potential for investors. This bright, move-in-ready home features brand new flooring throughout, fresh professional paint, and a newly finished driveway that enhances its curb appeal. The main level showcases an inviting open-concept layout with a built-in island, quartz countertops, and mosaic backsplash, flowing seamlessly to a walk-out deck and private backyard - perfect for everyday living, entertaining, and summer gatherings. What truly sets this property apart is the rare income opportunity with Two self-contained basement units, Three kitchens, Two separate laundry rooms, Ideal for multi-generational living or strong consistent rental cash flow. Located in a high-demand Scarborough rental pocket, this home offers unmatched convenience. You are within walking distance to the Eglinton Crosstown LRT, neighbourhood schools, parks, grocery stores, and everyday amenities. Just minutes to Lawrence Avenue East, Warden Avenue, Highway 401, and convenient access to the Toronto Transit Commission (TTC). Close proximity to Centennial College further strengthens the property's rental appeal. Whether you're a homeowner seeking mortgage-helping income or an investor looking for a high-yield property in a proven location, this home delivers unmatched versatility, location advantage, and value. A rare opportunity you don't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
22 Lingarde 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
Fair Market Value
At $908/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 29 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 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 4 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.