740 KENNEDY Road Unit 49, Toronto E04

Price: $594,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: E13498966

*FAMILY FRIENDLY TOWNHOUSE COMPLEX, OUT OF THE WAY FROM MAIN ROAD TRAFFIC AND NOISE***2 STOREY***2 UPPER BEDROOMS***3RD BEDROOM IN BASEMENT***2 BATHROOMS***MOVE IN READY****FRESHLY SANDED WOOD FLOORS***PRIVATE PARKING DIRECTLY IN FRONT OF HOME***DECK AND PRIVATE BACK YARD***CAC***

740 KENNEDY Road Unit 49 - Townhouse photo 1 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 2 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 3 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 4 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 5 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 6 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 7 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 8 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 9 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 10 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 11 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 12 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 13 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 14 of 20 in Dorset Park / Kennedy Park, Ontario
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740 KENNEDY Road Unit 49 - Townhouse photo 17 of 20 in Dorset Park / Kennedy Park, Ontario
740 KENNEDY Road Unit 49 - Townhouse photo 18 of 20 in Dorset Park / Kennedy Park, Ontario
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active
New Listing
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$594,900 - 740 KENNEDY Road Unit 49, Kennedy Park

Townhouse for Sale in Kennedy Park

New — Listed 6 days ago

Neighbourhood: Ionview

2Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
E13498966
Property Type
Townhouse
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
RIGHT AT HOME REALTY
Description

*FAMILY FRIENDLY TOWNHOUSE COMPLEX, OUT OF THE WAY FROM MAIN ROAD TRAFFIC AND NOISE***2 STOREY***2 UPPER BEDROOMS***3RD BEDROOM IN BASEMENT***2 BATHROOMS***MOVE IN READY****FRESHLY SANDED WOOD FLOORS***PRIVATE PARKING DIRECTLY IN FRONT OF HOME***DECK AND PRIVATE BACK YARD***CAC***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,052.15/mo

Includes CMHC insurance ($16,598)

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5%10%50%

5-yr fixed avg.

Principal: $535,410Interest: $363,636
Mortgage Amount$552,008
Total Interest$363,636
Est. Property Tax$421/mo
Total Cost$915,644

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: Ionview

Discover Ionview

Ionview 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 Ionview

  • 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

Ionview 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

740 KENNEDY Road Unit 49, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$421
Insurance (est.)-$124
Net Cash Flow+$1,655

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 $850/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kennedy Park have shown strong appreciation as families seek more space.

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.

About Ionview

I know Ionview 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 $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    740 KENNEDY Road Unit 49 | $594,900 | Battaglia Team