24 Tulip Drive, Toronto E04

Price: $949,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13747382

** A Cherished Home in Ellesmere Gardens ** A rare opportunity to own a well-maintained and recently updated detached brick bungalow on a premium 45' x 130' lot in the established and sought-after Ellesmere Gardens neighbourhood. Proudly enjoyed by the same family for two generations for approximately 70 years, this much-loved home offers a wonderful blend of comfort, space, and opportunity. Featuring 3+1 bedrooms and 2 bathrooms, the home has been freshly painted with new flooring on the main level and a recently updated 4-piece family bathroom. The bright and welcoming main level provides comfortable living space for everyday family life. Step through the sliding glass doors to a large, partially covered rear deck, creating an ideal setting for outdoor dining, entertaining, or simply relaxing while overlooking the spacious, fully fenced backyard and gardens. The finished basement adds valuable additional living space, with a fourth bedroom and 2pc en-suite washroom, generous recreation room featuring a wet bar, ceramic tile flooring, and gas fireplace. There is plenty of room for a billiards table, home theatre, games area, or comfortable family lounge. Situated in a convenient and well-established community, this property offers easy access to Highways 401 and 404, multiple transit options, Costco, Fairview Mall, Parkway Mall, schools, parks and green spaces, shops, cafés, restaurants, and a wide range of everyday amenities. This is a home with a wonderful history, a generous lot, and exciting potential for its next chapter - don't miss the opportunity to make it your own!

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active

$949,000 - 24 Tulip Drive, Kennedy Park

Detached for Sale in Kennedy Park

33 days on market

Neighbourhood: Wexford-Maryvale

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E13747382
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Lot Size
5,866 sqft
Taxes (2026)
$4,833
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

** A Cherished Home in Ellesmere Gardens ** A rare opportunity to own a well-maintained and recently updated detached brick bungalow on a premium 45' x 130' lot in the established and sought-after Ellesmere Gardens neighbourhood. Proudly enjoyed by the same family for two generations for approximately 70 years, this much-loved home offers a wonderful blend of comfort, space, and opportunity. Featuring 3+1 bedrooms and 2 bathrooms, the home has been freshly painted with new flooring on the main level and a recently updated 4-piece family bathroom. The bright and welcoming main level provides comfortable living space for everyday family life. Step through the sliding glass doors to a large, partially covered rear deck, creating an ideal setting for outdoor dining, entertaining, or simply relaxing while overlooking the spacious, fully fenced backyard and gardens. The finished basement adds valuable additional living space, with a fourth bedroom and 2pc en-suite washroom, generous recreation room featuring a wet bar, ceramic tile flooring, and gas fireplace. There is plenty of room for a billiards table, home theatre, games area, or comfortable family lounge. Situated in a convenient and well-established community, this property offers easy access to Highways 401 and 404, multiple transit options, Costco, Fairview Mall, Parkway Mall, schools, parks and green spaces, shops, cafés, restaurants, and a wide range of everyday amenities. This is a home with a wonderful history, a generous lot, and exciting potential for its next chapter - don't miss the opportunity to make it your own!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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

24 Tulip Drive, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$2,330

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 $863/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.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    24 Tulip Drive, Dorset Park / Kennedy Park | $949,000 | Battaglia Team