$849,900 - 28 Lynvalley Crescent, Kennedy Park
Detached for Sale in Kennedy Park
- MLS Number
- E12973872
- Property Type
- Detached
- Status
- delisted
- Days on Site
- 22
- 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
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!
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
28 Lynvalley Crescent, 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
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.
Market Position
At 22 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.
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.