3 Japonica Road, Toronto E04

Price: $859,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13229070

Excellent Value In The City: Presenting This Charming Detached Bungalow w/3 Bedrooms Above Grade Nestled In The Sought-After Area Of Wexford-Maryvale Known For Its Calmness & Serenity. Home Well Maintained By The Same Owners For Over The Past Five & A Half Decades. Enjoy It Just As It Is Or Renovate At Your Discretion! This Home Features: Brick Exterior, Seamless Layout, 3 Bedrooms, 2 Full Baths, Functional Main Floor Kitchen w/S.S Appliances, Laminate Counters w/Oak Cabinets, Tiled Backsplash, Hardwood + Ceramic Floors Throughout, Wooden Baseboards, Self-Contained In-Law Suite w/Separate Side Entrance, Laundry Room w/Utility Sink, Cold Room (Cantina), Ample Backyard w/Luscious Green Setting, Interlock Patio, Garden Shed, Detached 1 Car Garage, Long Private Driveway w/No Sidewalk Boasting Parking For At Least 4 Vehicles, Large 40 Ft x 125 Ft Lot & More. This Lovely Home Is Situated In An Excellent Community w/Several Amenities, Parks, Schools, Parkway Mall, Public Transit & Highway 401 Located Within Close Proximity. Traditional Finishes, Comforting Living Space & Sound Structure Make This Home The Perfect Choice For Those Seeking Comfort, Investment & Value In The City! *Click Virtual Tour Link For Additional Photos & Video*

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New Listing
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$859,900 - 3 Japonica Road, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 3 days ago
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13229070
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
ROYAL LEPAGE MAXIMUM REALTY
Description

Excellent Value In The City: Presenting This Charming Detached Bungalow w/3 Bedrooms Above Grade Nestled In The Sought-After Area Of Wexford-Maryvale Known For Its Calmness & Serenity. Home Well Maintained By The Same Owners For Over The Past Five & A Half Decades. Enjoy It Just As It Is Or Renovate At Your Discretion! This Home Features: Brick Exterior, Seamless Layout, 3 Bedrooms, 2 Full Baths, Functional Main Floor Kitchen w/S.S Appliances, Laminate Counters w/Oak Cabinets, Tiled Backsplash, Hardwood + Ceramic Floors Throughout, Wooden Baseboards, Self-Contained In-Law Suite w/Separate Side Entrance, Laundry Room w/Utility Sink, Cold Room (Cantina), Ample Backyard w/Luscious Green Setting, Interlock Patio, Garden Shed, Detached 1 Car Garage, Long Private Driveway w/No Sidewalk Boasting Parking For At Least 4 Vehicles, Large 40 Ft x 125 Ft Lot & More. This Lovely Home Is Situated In An Excellent Community w/Several Amenities, Parks, Schools, Parkway Mall, Public Transit & Highway 401 Located Within Close Proximity. Traditional Finishes, Comforting Living Space & Sound Structure Make This Home The Perfect Choice For Those Seeking Comfort, Investment & Value In The City! *Click Virtual Tour Link For Additional Photos & Video*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,411.73/mo

Includes CMHC insurance ($23,991)

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5-yr fixed avg.

Principal: $773,910Interest: $525,619
Mortgage Amount$797,901
Total Interest$525,619
Est. Property Tax$609/mo
Total Cost$1,323,520

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

3 Japonica Road, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$609
Insurance (est.)-$179
Net Cash Flow+$2,012

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

Premium Pricing

At $1228/sqft, this property is priced above the Kennedy Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3 Japonica Road, Dorset Park /… — $859,900 | Battaglia Team