$629,900 - 740 Kennedy Road Unit 58B, Kennedy Park
Townhouse for Sale in Kennedy Park
New — Listed yesterdayNeighbourhood: Ionview
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- MLS Number
- E14031152
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Taxes (2026)
- $3,591
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Welcome to 740 Kennedy Road, Unit 58B - Where Style, Space & Convenience Come Together! Discover this beautifully updated and meticulously maintained home offering over 1,700 sq. ft. of total living space in the heart of Scarborough's highly convenient Kennedy and Eglinton neighbourhood! With the feel of a semi-detached home, attached on only one side, this bright and spacious 2+1 bedroom residence offers the perfect combination of comfort, privacy and modern living. Step inside to a sun-filled, open-concept main floor featuring a generous living room with hardwood flooring and pot lights, seamlessly flowing into a stunning renovated eat-in kitchen. Beautifully appointed with marble flooring, quartz countertops, stylish backsplash, stainless steel appliances, built-in microwave, dishwasher and breakfast bar, this inviting space is perfect for everyday living and entertaining. Sliding glass doors lead to your own private, south-facing backyard oasis, complete with a newer deck (2024) and low-maintenance outdoor space, ideal for summer gatherings or simply relaxing. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated 5-piece bathroom (2023). The finished lower level adds exceptional versatility with a spacious recreation room, additional bedroom featuring an above-grade window and double closet, plus a convenient 4-piece bathroom, perfect for guests, extended family or a home office. Thoughtfully updated from top to bottom, this move-in-ready, carpet-free home features upgraded light fixtures, smooth second-floor ceilings, some newer windows, roof (2019) and furnace (2026). Ideally situated in one of Scarborough's most accessible neighbourhoods, just steps to the Eglinton subway and Eglinton Crosstown LRT, with schools, shopping, parks, public transit and an abundance of everyday amenities nearby. A fantastic opportunity to enjoy spacious, stylish, low-maintenance living in an unbeatable location. Simply move in and enjoy!
Estimate your monthly payments for this property
Estimated Payment
$3,231.71/mo
Includes CMHC insurance ($17,574)
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 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
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.
740 Kennedy Road Unit 58B, 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
Competitive Pricing
At $573/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.