783 Midland Avenue, Toronto E04

Price: $1,200,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13438144

Located In The Kennedy Park Community On A 40 x 137 Foot Lot This Listing Offers A Detached 4 Bedroom New Construction Home. The Home Is More Than Partially Completed & Represents A Great Opportunity With Lots Of Potential. The Home Offers Premium Finishes, Kitchen Cabinetry, Quartz Countertops, Flooring, Fireplace, Garage Door And Main Entry Door. Significant Trade Work Remains Across Electrical, Plumbing, Framing, Flooring, Trim, Exterior & Landscaping. Once Completed. This Is A Great Opportunity For The Savy Buyer Who Can See The Potential Here.

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New Listing
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$1,200,000 - 783 Midland Avenue, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed yesterday
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13438144
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Located In The Kennedy Park Community On A 40 x 137 Foot Lot This Listing Offers A Detached 4 Bedroom New Construction Home. The Home Is More Than Partially Completed & Represents A Great Opportunity With Lots Of Potential. The Home Offers Premium Finishes, Kitchen Cabinetry, Quartz Countertops, Flooring, Fireplace, Garage Door And Main Entry Door. Significant Trade Work Remains Across Electrical, Plumbing, Framing, Flooring, Trim, Exterior & Landscaping. Once Completed. This Is A Great Opportunity For The Savy Buyer Who Can See The Potential Here.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $960,000Interest: $632,401
Mortgage Amount$960,000
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,401

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

783 Midland Avenue, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,200

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 $600/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.

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.

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.

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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    783 Midland Avenue, Dorset Pa… — $1,200,000 | Battaglia Team