50 Dewey Drive, Toronto E04

Price: $2,300,000

4 bedrooms, 6 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: E13466784

Welcome to 50 Dewey Drive, a stunning custom-built residence showcasing exceptional craftsmanship, contemporary design, and premium finishes throughout. Soaring ceilings, spacious principal rooms, and abundant natural light create a bright, elegant atmosphere from the moment you enter. At the heart of the home is a custom-designed kitchen featuring premium appliances, quartz surfaces, bespoke cabinetry, and a striking modern island. Seamless 7-inch baseboards carried through the door casings enhance the refined, cohesive design. The kitchen flows into the open-concept living and dining areas, ideal for both daily living and entertaining. The main living room is anchored by a beautiful electric fireplace, adding warmth, character, and a welcoming focal point. Each spacious bedroom features its own private en- suite, offering comfort and privacy, while the primary suite serves as a luxurious retreat with a spa-inspired en- suite and walk-in closet. Designed for modern living, the home includes a built-in speaker system in the basement, main floor, and master bedroom; a video intercom with a 7-inch display; a six-camera security system with 24/7 monitoring; and a central vacuum system for added convenience. The basement is home theatre ready with rough-ins and six installed speakers, ready for a custom entertainment setup. Approximately 190 pot lights throughout enhance the bright, sophisticated interiors. Situated on a beautifully landscaped property, 50 Dewey Drive offers a rare blend of luxury, comfort, and modern functionality. Close to 401, DVP, Scarborough Town Centre, school and TTC. Buyer's agent should verify all measurements.

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$2,300,000 - 50 Dewey Drive, Kennedy Park

Detached for Sale in Kennedy Park

Neighbourhood: Wexford-Maryvale

4Beds
6Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
E13466784
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
6
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
WORLD CLASS REALTY POINT
Description

Welcome to 50 Dewey Drive, a stunning custom-built residence showcasing exceptional craftsmanship, contemporary design, and premium finishes throughout. Soaring ceilings, spacious principal rooms, and abundant natural light create a bright, elegant atmosphere from the moment you enter. At the heart of the home is a custom-designed kitchen featuring premium appliances, quartz surfaces, bespoke cabinetry, and a striking modern island. Seamless 7-inch baseboards carried through the door casings enhance the refined, cohesive design. The kitchen flows into the open-concept living and dining areas, ideal for both daily living and entertaining. The main living room is anchored by a beautiful electric fireplace, adding warmth, character, and a welcoming focal point. Each spacious bedroom features its own private en- suite, offering comfort and privacy, while the primary suite serves as a luxurious retreat with a spa-inspired en- suite and walk-in closet. Designed for modern living, the home includes a built-in speaker system in the basement, main floor, and master bedroom; a video intercom with a 7-inch display; a six-camera security system with 24/7 monitoring; and a central vacuum system for added convenience. The basement is home theatre ready with rough-ins and six installed speakers, ready for a custom entertainment setup. Approximately 190 pot lights throughout enhance the bright, sophisticated interiors. Situated on a beautifully landscaped property, 50 Dewey Drive offers a rare blend of luxury, comfort, and modern functionality. Close to 401, DVP, Scarborough Town Centre, school and TTC. Buyer's agent should verify all measurements.

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Estimated Payment

$10,173.68/mo

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5-yr fixed avg.

Principal: $1,840,000Interest: $1,212,103
Mortgage Amount$1,840,000
Total Interest$1,212,103
Est. Property Tax$1,629/mo
Total Cost$3,052,103

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

50 Dewey Drive, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,629
Insurance (est.)-$479
Net Cash Flow+$1,692

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

Competitive Pricing

At $767/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 18 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    50 Dewey Drive | $2,300,000 | Battaglia Team