7 Penworth Road, Toronto E04

Price: $999,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13508634

Welcome to 7 Penworth Road! This well-maintained family home offers 3+1 bedrooms and the perfect blend of comfort and functionality. Enjoy the convenience of a rare 6-car driveway, providing ample parking for family and guests. Step into your own backyard oasis featuring an inground pool, ideal for entertaining and making the most of the summer months. The finished basement includes an additional bedroom, offering flexible space for extended family, guests, or a home office.Located in a sought-after, family-friendly neighbourhood, this home is close to excellent schools, parks, walking trails, shopping, restaurants, public transit, and major highways, making commuting throughout the GTA a breeze. A fantastic opportunity to own a spacious home in a convenient location with everything you need just minutes away.

7 Penworth Road - Detached photo 1 of 22 in Dorset Park / Kennedy Park, Ontario
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$999,900 - 7 Penworth Road, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 6 days ago

Neighbourhood: Wexford-Maryvale

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13508634
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 7 Penworth Road! This well-maintained family home offers 3+1 bedrooms and the perfect blend of comfort and functionality. Enjoy the convenience of a rare 6-car driveway, providing ample parking for family and guests. Step into your own backyard oasis featuring an inground pool, ideal for entertaining and making the most of the summer months. The finished basement includes an additional bedroom, offering flexible space for extended family, guests, or a home office.Located in a sought-after, family-friendly neighbourhood, this home is close to excellent schools, parks, walking trails, shopping, restaurants, public transit, and major highways, making commuting throughout the GTA a breeze. A fantastic opportunity to own a spacious home in a convenient location with everything you need just minutes away.

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Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

7 Penworth Road, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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

Premium Pricing

At $1428/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.

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    7 Penworth Road | $999,900 | Battaglia Team