1373 Pharmacy Avenue, Toronto E04

Price: $999,990

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13691478

**Detached bungalows with income potential on premium lots are a rare find in Toronto** - Welcome to 1373 Pharmacy Ave! Located in the desirable Wexford-Maryvale community, this well-maintained detached bungalow sits on a premium 45 x 100 ft lot widening to approximately 57 ft at the rear, offering exceptional outdoor space, privacy, and long-term value.The main floor features 3 spacious bedrooms, 1 full bathroom, and a bright, functional layout with plenty of natural light. The bungalow design provides comfortable single-level living, perfect for families, first-time buyers, or those looking to downsize without compromising on space.The finished basement with a separate entrance adds incredible flexibility, featuring 2 additional bedrooms, 1 full bathroom, brand-new flooring, and fresh paint throughout. Whether used for extended family, a private workspace, additional living space, or future income potential, this lower level provides options to suit your lifestyle. Enjoy the convenience of a single-car garage and a private extra-wide driveway accommodating up to 3 vehicles. The spacious rear yard and widening lot provide excellent outdoor space rarely found in Toronto.The location is the true highlight of this property. **Situated on Pharmacy Avenue with TTC access nearby, this home offers quick connections to Highway 401, Don Valley Parkway, and major routes across Toronto. Enjoy being minutes from Parkway Mall, Fairview Mall, Scarborough Town Centre, Costco, schools, parks, restaurants, grocery stores, and everyday amenities.** Whether you are a first-time buyer entering the Toronto market, a growing family looking for more space, or an investor seeking a detached home with income potential, 1373 Pharmacy Ave offers the perfect combination of location, flexibility, and value.A rare opportunity to own a detached bungalow on a premium widening lot in one of Toronto's most convenient neighbourhoods.

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New Listing
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$999,990 - 1373 Pharmacy Avenue, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 4 days ago

Neighbourhood: Wexford-Maryvale

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13691478
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
THE CANADIAN HOME REALTY INC.
Description

**Detached bungalows with income potential on premium lots are a rare find in Toronto** - Welcome to 1373 Pharmacy Ave! Located in the desirable Wexford-Maryvale community, this well-maintained detached bungalow sits on a premium 45 x 100 ft lot widening to approximately 57 ft at the rear, offering exceptional outdoor space, privacy, and long-term value.The main floor features 3 spacious bedrooms, 1 full bathroom, and a bright, functional layout with plenty of natural light. The bungalow design provides comfortable single-level living, perfect for families, first-time buyers, or those looking to downsize without compromising on space.The finished basement with a separate entrance adds incredible flexibility, featuring 2 additional bedrooms, 1 full bathroom, brand-new flooring, and fresh paint throughout. Whether used for extended family, a private workspace, additional living space, or future income potential, this lower level provides options to suit your lifestyle. Enjoy the convenience of a single-car garage and a private extra-wide driveway accommodating up to 3 vehicles. The spacious rear yard and widening lot provide excellent outdoor space rarely found in Toronto.The location is the true highlight of this property. **Situated on Pharmacy Avenue with TTC access nearby, this home offers quick connections to Highway 401, Don Valley Parkway, and major routes across Toronto. Enjoy being minutes from Parkway Mall, Fairview Mall, Scarborough Town Centre, Costco, schools, parks, restaurants, grocery stores, and everyday amenities.** Whether you are a first-time buyer entering the Toronto market, a growing family looking for more space, or an investor seeking a detached home with income potential, 1373 Pharmacy Ave offers the perfect combination of location, flexibility, and value.A rare opportunity to own a detached bungalow on a premium widening lot in one of Toronto's most convenient neighbourhoods.

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Estimate your monthly payments for this property

Estimated Payment

$5,130.47/mo

Includes CMHC insurance ($27,900)

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5-yr fixed avg.

Principal: $899,991Interest: $611,249
Mortgage Amount$927,891
Total Interest$611,249
Est. Property Tax$708/mo
Total Cost$1,539,140

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: Wexford-Maryvale

Discover Wexford-Maryvale

Wexford-Maryvale 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 Wexford-Maryvale

  • 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

Wexford-Maryvale 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

1373 Pharmacy Avenue, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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

Fair Market Value

At $909/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.

Excellent Flexibility

With 5 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.

About Wexford-Maryvale

I know Wexford-Maryvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1373 Pharmacy Avenue | $999,990 | Battaglia Team