$659,900 - 162 Magnolia Avenue, Kennedy Park
Detached for Sale in Kennedy Park
New — Listed 3 days agoNeighbourhood: Kennedy Park
- MLS Number
- E13695346
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- COLDWELL BANKER - R.M.R. Real Estate
Welcome to 162 Magnolia Avenue! If you have always dreamed of owning that home with a white picket fence then this one is for you! This charming 2+1 bedroom bungalow offers the space, privacy and outdoor living you simply can't get with a condo. Set on a 40x104' lot, this inviting home features a private fenced backyard and parking for 4 cars. The main floor has been freshly painted, creating a bright and welcoming feel throughout. New carpet has been installed in the living room, hallway, primary bedroom and 3rd bedroom, while the second bedroom features newer plank vinyl flooring. The primary bedroom has wall to wall mirrored closets with a closet organizer giving you plenty of storage space. The renovated main bath adds a fresh modern touch. Downstairs, the recroom offers newer plank vinyl flooring and a cozy gas fireplace, creating the ideal space for relaxing, entertaining or family time. The basement also has a good sized room for an office, workshop or just more storage! Step outside onto the deck overlooking the private backyard perfect for your morning coffee, summer gatherings or simply enjoying your own outdoor space. There is an oversized storage shed to store all your outdoor equipment and more.
Estimate your monthly payments for this property
Estimated Payment
$3,385.63/mo
Includes CMHC insurance ($18,411)
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 Kennedy 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 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
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.
162 Magnolia 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
Fair Market Value
At $943/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Kennedy Park
I know Kennedy Park 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.