38 Lingarde Drive, Toronto E04

Price: $1,175,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13181534

We honestly don't see lots like this very often. Literally your own slice of paradise! Welcome to 38 Lingarde Drive - a Ranch Style Bungalow situated on an extraordinary oversized lot in the heart of the Wexford community. The backyard is truly something special, offering endless possibilities for entertaining, celebrations, family gatherings, or simply creating your own private retreat. There's enough space to host unforgettable events, with room to dream even bigger in the future. This well-kept home features a rare double garage and a separate entrance to a finished basement, adding incredible versatility for large families, multi-generational living, in-laws, or future income potential. The functional bungalow layout offers comfortable everyday living while the property itself presents exceptional long-term value. Perfectly located on a quiet, family-friendly street, just steps to Wexford Park, lush forested trails, and green space ideal for walking, running, or biking. A short walk to our beloved George Peck Public School (former student here!), known for its strong parent and student community. Steps to TTC, Lawrence Avenue, and a variety of local family-owned and multicultural shops and restaurants. Convenient access to the LRT, as well as the 401 and DVP/404, makes commuting effortless. Whether you're looking to move in, expand, invest, or simply enjoy one of the most impressive lots in the area, this is a truly rare opportunity offering unlimited potential in an unbeatable location.

38 Lingarde Drive - Detached photo 1 of 30 in Dorset Park / Kennedy Park, Ontario
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$1,175,000 - 38 Lingarde Drive, Kennedy Park

Detached for Sale in Kennedy Park

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13181534
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

We honestly don't see lots like this very often. Literally your own slice of paradise! Welcome to 38 Lingarde Drive - a Ranch Style Bungalow situated on an extraordinary oversized lot in the heart of the Wexford community. The backyard is truly something special, offering endless possibilities for entertaining, celebrations, family gatherings, or simply creating your own private retreat. There's enough space to host unforgettable events, with room to dream even bigger in the future. This well-kept home features a rare double garage and a separate entrance to a finished basement, adding incredible versatility for large families, multi-generational living, in-laws, or future income potential. The functional bungalow layout offers comfortable everyday living while the property itself presents exceptional long-term value. Perfectly located on a quiet, family-friendly street, just steps to Wexford Park, lush forested trails, and green space ideal for walking, running, or biking. A short walk to our beloved George Peck Public School (former student here!), known for its strong parent and student community. Steps to TTC, Lawrence Avenue, and a variety of local family-owned and multicultural shops and restaurants. Convenient access to the LRT, as well as the 401 and DVP/404, makes commuting effortless. Whether you're looking to move in, expand, invest, or simply enjoy one of the most impressive lots in the area, this is a truly rare opportunity offering unlimited potential in an unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

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5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

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

38 Lingarde Drive, 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)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$1,723

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 $1679/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.

Market Position

At 20 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.

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 $4,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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