$935,000 - 1557 Pharmacy Avenue, Kennedy Park
Detached for Sale in Kennedy Park
New — Listed 5 days agoNeighbourhood: Wexford-Maryvale
- MLS Number
- E13688570
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 1557 Pharmacy Ave, a rare opportunity to own a detached bungalow offering the space, flexibility, and convenience today's buyers are looking for. Featuring three bedrooms and a practical layout, this home is an excellent option for families, first-time buyers, downsizers, or anyone looking for a detached property with room to grow and adapt.The finished basement with a separate entrance adds another level of versatility, providing valuable additional living space with the flexibility for a recreation area, home office, guest space, or an additional room where the existing office is located, depending on the buyer's needs.The home has also benefited from several important improvements, including a hot water tank replaced in January 2024, along with updates to the gas furnace, roof, and top-floor bedroom and bathroom windows. The hot water tank and furnace are owned, with no rental contracts to assume.Set within the established Wexford-Maryvale community, the location brings everyday convenience close to home. Enjoy easy access to TTC service, Highway 401, Parkway Mall, grocery stores, Scarborough Costco on Warden Avenue, schools, restaurants, neighbourhood parks, and a wide range of shopping and daily amenities.Whether you are looking for a comfortable family home, valuable additional living space, or the opportunity to personalize a detached property over time, 1557 Pharmacy Ave offers an appealing combination of location, functionality, and flexibility. A rare opportunity in an established Toronto neighbourhood that deserves to be experienced in person.
Estimate your monthly payments for this property
Estimated Payment
$4,797.03/mo
Includes CMHC insurance ($26,087)
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 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
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.
1557 Pharmacy 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
Premium Pricing
At $1336/sqft, this property is priced above the Kennedy Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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.
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.