$939,900 - 40 Japonica Road, Kennedy Park
Detached for Sale in Kennedy Park
Popular Listing- MLS Number
- E13236032
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to this well-maintained and extensively refreshed bungalow in the heart of Wexford-Maryvale, offering exceptional flexibility for families, first-time buyers and investors. The main floor features three spacious bedrooms, a bright open-concept living and dining area, and a large picture window that fills the home with natural light throughout the day. Recent 2026 updates include new flooring throughout the main level, freshly painted interiors on both levels, new closet doors, updated kitchen cabinet doors, restored cold storage, new laundry room tile, exterior masonry improvements, a new front railing, and refreshed exterior painting. A separate side entrance leads to a finished basement offering tremendous potential. Complete with a large recreation room, additional bedroom, oversized laundry area, workshop space that could potentially be converted into a future kitchen, and a restored cold room, the lower level presents an attractive opportunity for extended family living or future income potential. Outside, enjoy a spacious backyard with plenty of room for entertaining, gardening, or relaxing around the firepit. The property also offers a rare combination of a garage, a four-car driveway, and no sidewalk to maintain during the winter months. Ideally located in one of Scarborough's most convenient neighbourhoods, you're just minutes from Costco, shopping, restaurants, schools, parks, public transit, and Highway 401, making commuting across the GTA quick and convenient. Whether you're looking for a move-in-ready family home, a property with income potential, or a long-term investment in a high-demand neighbourhood, this Wexford-Maryvale bungalow offers outstanding value and endless possibilities. BBQ & Patio Set Included. Some photos virtually staged to highlight it furnished.
Estimate your monthly payments for this property
Estimated Payment
$4,822.17/mo
Includes CMHC insurance ($26,223)
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.
40 Japonica Road, Dorset Park / Kennedy Park
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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
Premium Pricing
At $1343/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.
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.
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 $3,916 (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.