730 Danforth Road, Toronto E04

Price: $948,000

6 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13600144

Brand new, fully renovated legal duplex offering an exceptional opportunity for first-time investors or buyers looking to live in one unit while generating rental income from the other. Featuring new vinyl flooring throughout, fresh paint, modern light fixtures, plus plenty of parking, offering a total of 5 parking spaces! Both units are bright, open, and airy with functional layouts designed for comfortable living. The legal duplex configuration provides excellent flexibility for multigenerational living or maximizing rental income. Ideally located on Danforth Road, this property is close to everyday conveniences, TTC transit, schools, shopping, and restaurants. Enjoy easy access to multiple TTC bus routes with convenient connections to Kennedy Station, Warden Station, and the Scarborough GO Station, making commuting throughout Toronto simple and efficient. The property also offers quick access to Highway 401 and the Don Valley Parkway for seamless travel across the GTA. Outdoor enthusiasts will appreciate the nearby parks and recreation options, including McCowan District Park, Glen Sheppard Park, and several community green spaces featuring playgrounds, sports fields, walking trails, and year-round recreational facilities. Nearby shopping, grocery stores, cafés, and everyday amenities make this a convenient and family-friendly neighborhood with everything you need just minutes away!

730 Danforth Road - Detached photo 1 of 34 in Dorset Park / Kennedy Park, Ontario
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$948,000 - 730 Danforth Road, Kennedy Park

Detached for Sale in Kennedy Park

31 days on market

Neighbourhood: Kennedy Park

6Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13600144
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
6
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
ELEVATE REALTY INC.
Description

Brand new, fully renovated legal duplex offering an exceptional opportunity for first-time investors or buyers looking to live in one unit while generating rental income from the other. Featuring new vinyl flooring throughout, fresh paint, modern light fixtures, plus plenty of parking, offering a total of 5 parking spaces! Both units are bright, open, and airy with functional layouts designed for comfortable living. The legal duplex configuration provides excellent flexibility for multigenerational living or maximizing rental income. Ideally located on Danforth Road, this property is close to everyday conveniences, TTC transit, schools, shopping, and restaurants. Enjoy easy access to multiple TTC bus routes with convenient connections to Kennedy Station, Warden Station, and the Scarborough GO Station, making commuting throughout Toronto simple and efficient. The property also offers quick access to Highway 401 and the Don Valley Parkway for seamless travel across the GTA. Outdoor enthusiasts will appreciate the nearby parks and recreation options, including McCowan District Park, Glen Sheppard Park, and several community green spaces featuring playgrounds, sports fields, walking trails, and year-round recreational facilities. Nearby shopping, grocery stores, cafés, and everyday amenities make this a convenient and family-friendly neighborhood with everything you need just minutes away!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,863.73/mo

Includes CMHC insurance ($26,449)

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5-yr fixed avg.

Principal: $853,200Interest: $579,470
Mortgage Amount$879,649
Total Interest$579,470
Est. Property Tax$672/mo
Total Cost$1,459,119

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: Kennedy Park

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

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

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.

70
Walk Score
Varies
Price Range

730 Danforth Road, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$3,130

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 $1354/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.

Market Position

At 31 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.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kennedy Park.

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.

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    730 Danforth Road | $948,000 | Battaglia Team