307-665 Kennedy Road, Toronto, ON

Kennedy Park, Toronto · MLS® E12834362

$490,000
For Sale
Listed 138 days ago
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq Ft

About this home

***VERY CONVENIENT LOCATION: SCHOOLS, PUBLIC TRANSIT,SHOPS,PLACE OF WORSHIP,SHORT DISTANCE TO KENNEDY SUBWAY/NEW LRT ***UPDATED FLOOR;HEATPUMP 2018;KITCHEN CABINET,BATHROOM***VERY WELL KEPT: READY TO MOVE IN ANYTIME***SECURITY SYSTEM***SUITABLE FOR LARGE FAMILY***VERY COZY***LARGE BALCONY***

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
E12834362
Bedrooms
3
Bathrooms
2 (1 half)
Size
1400-1599
Cross streets
Eglinton/Kennedy
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Other
Exterior
Concrete
Maintenance
$935/mo
Exposure
South
Property tax
$1,074 / 2026
Days on market
138
Listing brokerage
NULAND REALTY INC.

Rooms

Dining RoomMain6.11 × 3.88 m

parquet · combined w/living

Bedroom 2Upper3.35 × 2.72 m

Laminate

Primary BedroomUpper4.37 × 3.66 m

laminate · large window

KitchenMain4.62 × 3.20 m

parquet · updated

Bedroom 3Upper3.35 × 2.72 m

Laminate

Living RoomMain6.11 × 3.88 m

parquet · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$742Kest. value

Listed at $490,000, this home is tracking about 34% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $344K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $444K
  • Adjusts to $444K

That comparable adjusts to $444K; the $742K estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Corvette Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$490KGreat deal$823KOverpriced

Total price vs nearby homes. Fair value about $742K, median of 11 comparables.

Comparable listingsCurrently listed nearby in Kennedy Park · asking prices
$517kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

303-665 Kennedy Road$444k821-3 Greystone Walk Drive$500k1604-5 Greystone Walk Drive$529k1923-3 Greystone Walk Drive$550k1421-3 Greystone Walk Drive$560k

The 5 closest of 6 active listings nearby.

See all comparable homes
490kThis home444k500k529k550k560kThis home vs active comparables
Live market pulseActive comparables in Kennedy Park · median list $499K
$327this home / sqft
11active listings nearby
138days on market

137 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kennedy Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$748K
Annex
$929K
Church-Yonge Corridor
$672K
Willowdale East
$489K
Willowdale West
$770K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Corvette Junior Public School
60%
Corvette Junior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 60% meet the provincial standard
Robert Service Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,233/mo
$108KIncome needed
4.5×Price ÷ income
$515Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

69%mortgage
Mortgage $2,233Property tax $90Condo fee $935Total carry $3,258

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,092per month

Mortgage amount $392,000 · 4.14% over 25 years

$98,000Down payment (20.0%)
$392,000Loan before insurance
$0CMHC premium
$3,116Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,092
Property tax
$90
Condo / maintenance fees
$935
Heating
$0
Estimated monthly cost
$3,116

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,275
Toronto municipal land transfer tax
$6,275
Estimated closing costs
$12,550

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,541/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$235,557Total interest paid
$627,557Total of all payments
Principal $392,000 Interest $235,557
YearPrincipalInterestBalance
1$9,183$15,919$382,817
2$9,567$15,535$373,249
3$9,968$15,135$363,282
4$10,384$14,718$352,898
5$10,819$14,283$342,079
6$11,271$13,831$330,807
7$11,743$13,359$319,065
8$12,234$12,868$306,831
9$12,746$12,357$294,085
10$13,279$11,823$280,806
11$13,834$11,268$266,972
12$14,413$10,689$252,559
13$15,016$10,086$237,543
14$15,644$9,458$221,899
15$16,298$8,804$205,601
16$16,980$8,122$188,621
17$17,690$7,412$170,931
18$18,430$6,672$152,500
19$19,201$5,901$133,299
20$20,004$5,098$113,295
21$20,841$4,261$92,454
22$21,713$3,390$70,741
23$22,621$2,481$48,120
24$23,567$1,535$24,553
25$24,553$549$0

At the end of your 5-year term

Total paid over the term
$125,511
Principal paid down
$49,921
Interest paid
$75,590
Balance remaining
$342,079

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,750/mo
$57,000Gross annual rent
7.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

11.6%
Gross yield
− Property tax $1,074− Condo fees $11,220− Insurance $600− Vacancy & upkeep $6,270Net operating income $37,836

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NULAND REALTY INC.. MLS®/PropTx.

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