43 SOUTHMEAD Road, Toronto E04

Price: $1,199,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13129966

Welcome To This Elegant Renovated 5-Bedroom Detached Home And A Stylish Stucco Exterior. Bright Open-Concept Main Floor With Quartz Kitchen, Stainless Steel Appliances , Center Island,Bedroom, Full Bath, And Laundry. Separate Entrance To Finished Basement With 2 Bedrooms,Kitchenette, Bath, Laund_lrrz, And Large Living Sgace, Offering Easy In-Law Suite Or Rental Income Potential. New Flooring Throughout, 2 Laundry Sets, Prime Location Near Schools, Parks, Shopping, Transit, And Major Highway.This home is designed for Entertaining and family living arare opportunity Not to be missed!

43 SOUTHMEAD Road - Detached photo 1 of 6 in Dorset Park / Kennedy Park, Ontario
43 SOUTHMEAD Road - Detached photo 2 of 6 in Dorset Park / Kennedy Park, Ontario
43 SOUTHMEAD Road - Detached photo 3 of 6 in Dorset Park / Kennedy Park, Ontario
43 SOUTHMEAD Road - Detached photo 4 of 6 in Dorset Park / Kennedy Park, Ontario
43 SOUTHMEAD Road - Detached photo 5 of 6 in Dorset Park / Kennedy Park, Ontario
43 SOUTHMEAD Road - Detached photo 6 of 6 in Dorset Park / Kennedy Park, Ontario
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$1,199,000 - 43 SOUTHMEAD Road, Kennedy Park

Detached for Sale in Kennedy Park

32 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13129966
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome To This Elegant Renovated 5-Bedroom Detached Home And A Stylish Stucco Exterior. Bright Open-Concept Main Floor With Quartz Kitchen, Stainless Steel Appliances , Center Island,Bedroom, Full Bath, And Laundry. Separate Entrance To Finished Basement With 2 Bedrooms,Kitchenette, Bath, Laund_lrrz, And Large Living Sgace, Offering Easy In-Law Suite Or Rental Income Potential. New Flooring Throughout, 2 Laundry Sets, Prime Location Near Schools, Parks, Shopping, Transit, And Major Highway.This home is designed for Entertaining and family living arare opportunity Not to be missed!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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

43 SOUTHMEAD 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)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$1,701

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 $799/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 32 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    43 SOUTHMEAD Road, Dorset Par… — $1,199,000 | Battaglia Team