$749,000 - 5 Mendip Crescent, Kennedy Park
Detached for Sale in Kennedy Park
New — Listed 7 days agoNeighbourhood: Dorset Park
- MLS Number
- E13499358
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Sitting on a 50' x 110' foot lot, this bungalow has been impeccably maintained inside and out by its second owner! With 1087sf on the main floor and 1126sf in the basement, this bungalow also offers fantastic curb appeal on a quiet family friendly street. Featuring 3+1 bedrooms, 2 bathrooms, and 2 kitchens - the basement kitchen is huge! The separate entrance to the basement creates an excellent opportunity for income potential, in-law suite or additional living space. The backyard has a patio, gazebo, 2 sheds AND tomatoes, spinach, zucchini, green beans, carrots, lettuce, spring onions, celery, and a pear tree. A variety of herbs (mint, oregano, rosemary, thyme, tarragon, dill, chives, parsley) have been planted this season which you can enjoy if you bought this house! Situated on a premium 50 ft lot, this property also offers future potential in a neighbourhood where new custom builds are emerging. Private driveway with parking for 3 cars. Major Systems Replaced: A/C 2023, Furnace 2021, Basement Windows 2016, Central Vacuum 2016, Roof 2015, Hot Water Tank 2015 (owned). Convenient location close to TTC stop, parks, schools, shopping, Highway 401 and easy access to subway (Ellesmere or Lawrence East stations) and GO Transit (Scarborough GO). Close proximity to Parkway Mall, Scarborough Town Centre, local plazas and a number of dining options. Open House Saturday July 4 and Sunday July 5 from 2:00pm-4:00pm.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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
Dorset 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
- •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 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.
5 Mendip Crescent, 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 $1070/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.
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 Dorset Park
I know Dorset 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.