88 Canlish Road, Toronto E04

Price: $999,999

6 bedrooms, 4 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12655642

Beautifully Renovated Bungalow with Legal 3-bedroom basement apartment. This property offers Multigenerational living & Rental Income potential. Features a bright, modern open-concept layout. The main floor boasts a stylish kitchen with a centre island , elegant marble flooring and gleaming hardwood floors throughout. Enjoy backyard views from the 3rd bedroom with a walkout to the wooden patio deck. The legal basement apt offers a functional floor plan with 3 spacious bedrooms, renovated with a full kitchen, new quartz countertop, new flooring & 2 washrooms, complete with a separate entrance-perfect for extended family or generating rental income. Centrally located in a sought after neighbourhood, this versatile property is ideal for large families or investors alike, offering exceptional potential for any buyer.

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$999,999 - 88 Canlish Road, Kennedy Park

Detached for Sale in Kennedy Park

160 days on market
6Beds
4Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12655642
Property Type
Detached
Status
active
Days on Site
160
Bedrooms
6
Bathrooms
4
Square Feet
700 - 1,099 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Beautifully Renovated Bungalow with Legal 3-bedroom basement apartment. This property offers Multigenerational living & Rental Income potential. Features a bright, modern open-concept layout. The main floor boasts a stylish kitchen with a centre island , elegant marble flooring and gleaming hardwood floors throughout. Enjoy backyard views from the 3rd bedroom with a walkout to the wooden patio deck. The legal basement apt offers a functional floor plan with 3 spacious bedrooms, renovated with a full kitchen, new quartz countertop, new flooring & 2 washrooms, complete with a separate entrance-perfect for extended family or generating rental income. Centrally located in a sought after neighbourhood, this versatile property is ideal for large families or investors alike, offering exceptional potential for any buyer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.51/mo

Includes CMHC insurance ($27,900)

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5-yr fixed avg.

Principal: $899,999Interest: $611,255
Mortgage Amount$927,899
Total Interest$611,255
Est. Property Tax$708/mo
Total Cost$1,539,154

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: Dorset Park / Kennedy Park

Discover Dorset Park / Kennedy Park

Dorset 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 Dorset Park / 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

Dorset Park / 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

88 Canlish 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,084

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 $1429/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 160 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.

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.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    88 Canlish Road | $999,999 | Battaglia Team