$725,000 - 729 Pharmacy Avenue, Kennedy Park
Detached for Sale in Kennedy Park
New — Listed 2 days ago- MLS Number
- E13419174
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- ON THE BLOCK
Positioned in the sought-after Clairlea community, this detached bungalow presents an exciting opportunity for investors, renovators, and buyers looking to create long-term value. Situated on a generous 43 x 120 ft. lot, the home offers approximately 930 sq. ft. above grade plus a full basement with a separate entrance-ideal for those exploring multi-generational living, additional living space, or future income potential. Whether you're planning a thoughtful renovation, designing a home tailored to your family's needs, or looking for your next investment project, the possibilities here are compelling. Located just moments from Eglinton Square Shopping Centre, with TTC at your doorstep and Victoria Park Subway Station nearby. Enjoy easy access to Taylor Creek Park, Clairlea Park, ravine trails, schools, and everyday amenities. Surrounded by established homes in a well-connected neighbourhood, this property offers the chance to unlock significant value in a highly desirable location. Property being sold in "as is, where is" condition.
Estimate your monthly payments for this property
Estimated Payment
$3,719.63/mo
Includes CMHC insurance ($20,228)
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.
729 Pharmacy Avenue, Dorset Park / Kennedy Park
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1036/sqft, this property is priced in line with current Kennedy Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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 $3,021 (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.