3117 St Clair Avenue, Toronto E04

Price: $599,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12866392

Attention Investors and Builders!! Search No Further! Do Not Miss This Opportunity To Own An Amazing Property In A Prime Location, Development Opportunity to build 2 houses with 4 plex each including Legal basement apartment 1020 Squire feet each floor with 2 bedrooms and 2 washrooms, possible to setup condo corporation for 4 units for 3117 St. Clair Ave East and 4 units for 158 Westbourne Ave. 2 permits are ready to pick up needs to pay (development fee $117,270.36 + TCDSB Education Development Charges $15,680.32 + Parks Levy Payable $11,348.05) Total $144,298.73 for 2 properties. ! Favorably Located Only Steps To Ttc, Parks & Schools And Only Minutes To Shopping, Hwy401 & Dvp, Beaches & Golf Course!

3117 St Clair Avenue - Detached photo 1 of 1 in Dorset Park / Kennedy Park, Ontario
active
1/1

$599,900 - 3117 St Clair Avenue, Kennedy Park

Detached for Sale in Kennedy Park

97 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12866392
Property Type
Detached
Status
active
Days on Site
97
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
REALTY 21 INC.
Description

Attention Investors and Builders!! Search No Further! Do Not Miss This Opportunity To Own An Amazing Property In A Prime Location, Development Opportunity to build 2 houses with 4 plex each including Legal basement apartment 1020 Squire feet each floor with 2 bedrooms and 2 washrooms, possible to setup condo corporation for 4 units for 3117 St. Clair Ave East and 4 units for 158 Westbourne Ave. 2 permits are ready to pick up needs to pay (development fee $117,270.36 + TCDSB Education Development Charges $15,680.32 + Parks Levy Payable $11,348.05) Total $144,298.73 for 2 properties. ! Favorably Located Only Steps To Ttc, Parks & Schools And Only Minutes To Shopping, Hwy401 & Dvp, Beaches & Golf Course!

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Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

3117 St Clair Avenue, 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)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,650

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 $545/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 97 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 $2,500 (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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