28 Lynvalley Crescent, Toronto E04

Price: $849,900

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12973872

Prime Wexford-Maryvale Opportunity: Cherished Home on Premium 40' x 125' Lot. Rarely offered and held by the same family since 1980, this detached 1 storey gem is the perfect canvas for both end-users looking to customize their dream home and savvy investors seeking an excellent investment opportunity. Lovingly owned for over four decades, this residence offers the "good bones" you've been searching for. The Potential & Layout Versatile 4-Bedroom Floor Plan: Featuring 2 renovated bathrooms and a functional layout that awaits your modern touch. Income or Multi-Generational Setup: Boasting separate side and rear entrances, the property is a prime candidate for a lower-level rental suite or a private 2nd-floor living quarters. Strong Development Upside: Situated on a generous 40 x 125 ft lot, there is ample room for a major expansion or the addition of a Garden Suite (qualifies under current city guidelines).Unbeatable Location & Lifestyle Located in the heart of Wexford-Maryvale, a community renowned for its lush greenery and superior connectivity: Commuter's Dream: Minutes to the DVP and Hwy 401, with quick access to the Eglinton Crosstown LRT and frequent TTC routes. Outdoor Living: Steps from the sprawling Wexford Park and the scenic Gatineau Hydro Corridor trails, perfect for cycling and family recreation. Education: Within the catchment for Wexford Collegiate School for the Arts and Maryvale Public School. Whether you are looking to renovate and move in, or build and maximize density, this property offers a rare combination of stability and growth. Don't miss your chance to own a piece of this high-demand street and neighbourhood!

28 Lynvalley Crescent - Detached photo 1 of 27 in Dorset Park / Kennedy Park, Ontario
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New Listing
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$849,900 - 28 Lynvalley Crescent, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 6 days ago
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12973872
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Dorset Park / Kennedy Park
Lot Size
5,000 sqft
Listing Brokerage
ROYAL LEPAGE TERREQUITY TCK FINE HOMES REALTY
Description

Prime Wexford-Maryvale Opportunity: Cherished Home on Premium 40' x 125' Lot. Rarely offered and held by the same family since 1980, this detached 1 storey gem is the perfect canvas for both end-users looking to customize their dream home and savvy investors seeking an excellent investment opportunity. Lovingly owned for over four decades, this residence offers the "good bones" you've been searching for. The Potential & Layout Versatile 4-Bedroom Floor Plan: Featuring 2 renovated bathrooms and a functional layout that awaits your modern touch. Income or Multi-Generational Setup: Boasting separate side and rear entrances, the property is a prime candidate for a lower-level rental suite or a private 2nd-floor living quarters. Strong Development Upside: Situated on a generous 40 x 125 ft lot, there is ample room for a major expansion or the addition of a Garden Suite (qualifies under current city guidelines).Unbeatable Location & Lifestyle Located in the heart of Wexford-Maryvale, a community renowned for its lush greenery and superior connectivity: Commuter's Dream: Minutes to the DVP and Hwy 401, with quick access to the Eglinton Crosstown LRT and frequent TTC routes. Outdoor Living: Steps from the sprawling Wexford Park and the scenic Gatineau Hydro Corridor trails, perfect for cycling and family recreation. Education: Within the catchment for Wexford Collegiate School for the Arts and Maryvale Public School. Whether you are looking to renovate and move in, or build and maximize density, this property offers a rare combination of stability and growth. Don't miss your chance to own a piece of this high-demand street and neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

28 Lynvalley Crescent, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,421

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $567/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kennedy Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,541 (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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