8 Lombardy Crescent, Toronto E04

Price: $899,008

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13098966

Welcome to 8 Lombardy Crescent, a beautifully updated bungalow offering the perfect combination of modern finishes, flexible living space, and long-term value. Situated on a desirable 40 x 125 ft lot, this 3+1 bedroom home is ideal for families, downsizers, multi-generational living, or buyers seeking income potential.The renovated main floor features a stylish new kitchen with modern cabinetry, updated countertops, and brand-new appliances. New flooring, fresh paint, updated trim, and interior doors create a bright, inviting atmosphere throughout. Large windows fill the home with natural light, while the functional layout provides comfortable everyday living.Major upgrades have already been completed, including a furnace (2024), air conditioner (2023), and roof (2019), providing added confidence for years to come. Additional features include 100-amp electrical service, an owned hot water tank, and a transferable mechanical systems warranty valid through 2032.The finished lower level adds exceptional versatility with a separate 1-bedroom in-law suite, ideal for extended family, overnight guests, or potential rental income. There is also an opportunity to add main-floor laundry if desired.Outside, the rare double-car garage, spacious private driveway, and generous backyard offer plenty of room for entertaining, gardening, or simply enjoying your own outdoor retreat.Combining thoughtful renovations, important mechanical updates, and flexible living options, 8 Lombardy Crescent is a move-in ready home that offers both comfort and opportunity in a well-established neighbourhood.

8 Lombardy Crescent - Detached photo 1 of 44 in Dorset Park / Kennedy Park, Ontario
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$899,008 - 8 Lombardy Crescent, Kennedy Park

Detached for Sale in Kennedy Park

61 days on market

Neighbourhood: Kennedy Park

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13098966
Property Type
Detached
Status
active
Days on Site
61
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Welcome to 8 Lombardy Crescent, a beautifully updated bungalow offering the perfect combination of modern finishes, flexible living space, and long-term value. Situated on a desirable 40 x 125 ft lot, this 3+1 bedroom home is ideal for families, downsizers, multi-generational living, or buyers seeking income potential.The renovated main floor features a stylish new kitchen with modern cabinetry, updated countertops, and brand-new appliances. New flooring, fresh paint, updated trim, and interior doors create a bright, inviting atmosphere throughout. Large windows fill the home with natural light, while the functional layout provides comfortable everyday living.Major upgrades have already been completed, including a furnace (2024), air conditioner (2023), and roof (2019), providing added confidence for years to come. Additional features include 100-amp electrical service, an owned hot water tank, and a transferable mechanical systems warranty valid through 2032.The finished lower level adds exceptional versatility with a separate 1-bedroom in-law suite, ideal for extended family, overnight guests, or potential rental income. There is also an opportunity to add main-floor laundry if desired.Outside, the rare double-car garage, spacious private driveway, and generous backyard offer plenty of room for entertaining, gardening, or simply enjoying your own outdoor retreat.Combining thoughtful renovations, important mechanical updates, and flexible living options, 8 Lombardy Crescent is a move-in ready home that offers both comfort and opportunity in a well-established neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.38/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,107Interest: $549,523
Mortgage Amount$834,189
Total Interest$549,523
Est. Property Tax$637/mo
Total Cost$1,383,713

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

8 Lombardy Crescent, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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 $1284/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.

Negotiation Opportunity

At 61 days on site, this property has exceeded the typical selling timeline for Kennedy Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 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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    8 Lombardy Crescent | $899,008 | Battaglia Team