$1,888,000 - 792 Midland Avenue, Kennedy Park
Detached for Sale in Kennedy Park
58 days on market- MLS Number
- E13018444
- Property Type
- Detached
- Status
- active
- Days on Site
- 58
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to a contemporary masterpiece in the heart of Scarborough. Situated in a prime locationnear Midland and Eglinton, this custom-built residence where sophisticated design meetsunparalleled craftsmanship. This home offers an expansive open-concept layout, characterized bysoaring ceilings, wide-plank engineered hardwood flooring, and a seamless flow tailored forexecutive living. The heart of the home is a chef-inspired kitchen featuring a grand quartzwaterfall island, bespoke cabinetry, and designer lighting. The sun-drenched living area isanchored by a striking floor-to-ceiling stone fireplace, creating a bold architectural statement. The upper level is a sanctuary of light, illuminated by massive architectural skylights and glass railings. The opulent primary retreat boasts a cavernous walk-in closet with custom organizers and a spa-like ensuite featuring a freestanding soaking tub and a glass-enclosed shower with a rainfall head and multi-jet system. Each additional bedroom is a private oasis with generous proportions and designer finishes.The finished walk-out basement provides incredible versatility, complete with a full second kitchen featuring glossy cabinetry, a modern digital-display faucet, and a separate entrance, ideal for an in-law suite or premium entertainment space. Outdoors, enjoy a private, expansive wooden deck overlooking a fenced backyard. Finished with matte black hardware, smart-home touches, and backlit mirrors throughout, this home is the epitome of modern luxury in one of the GTA's most accessible and rapidly developing hubs. "Potential Ontario HST rebate may still apply, verify with lawyer/accountant."
Estimate your monthly payments for this property
Estimated Payment
$8,351.26/mo
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.
792 Midland Avenue, 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
Competitive Pricing
At $755/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.
Negotiation Opportunity
At 58 days on site, this property has exceeded the typical selling timeline for Kennedy Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kennedy Park.
Bathroom Count Matters
With 5 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 $7,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.