Bsmnt-2623 Kennedy Road, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E12964548

$2,700/mo
For Lease
Listed 102 days ago
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3Bedrooms
2Bathrooms
1Parking
700Sq Ft

About this home

I.D.E.A.L. Student Rental. Large Communal Living Space And Kitchen, Large Private Bedrooms All W Above Grade Windows And Good Natural Light. Proactive & Agreeable Landlord. 1 Driveway Parking Space ($60/mo), Plenty Of Free Street Parking, TTC Literally At Your Door, 71 Transit Score & 75 Bike Score, Close To U Of T Scarborough, Seneca & Centennial., Close To Town Centre & 1 Bus To Kennedy Terminal, 5 Mins To 401 & Groceries. You Can't Beat The Location!

Key facts

Property type
Detached, Bungalow
MLS®
E12964548
Bedrooms
3
Bathrooms
2
Size
700 sq ft
Cross streets
Kennedy & Huntingwood
Parking
1 parking
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
None
Exterior
Brick, Wood
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
102
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

BedroomBasement0.00 × 0.00 m

above grade window · laminate · closet

BathroomBasement0.00 × 0.00 m

3 pc bath · renovated

BathroomBasement0.00 × 0.00 m

4 pc bath · linen closet · updated

Family RoomBasement0.00 × 0.00 m

combined w/kitchen · laminate

Bedroom 3Basement0.00 × 0.00 m

above grade window · laminate · closet

KitchenBasement0.00 × 0.00 m

combined w/family · laminate · eat-in kitchen

Bedroom 2Basement0.00 × 0.00 m

above grade window · laminate · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,044/moest. value

Listed at $2,700/mo, this rental is about 32% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Tam O'Shanter-Sullivan, so I widened the search to the surrounding area.

Based on 15 similar rentals nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1,700/mo
  • Bedrooms +$150/mo
  • Bathrooms +$100/mo
  • Adjusts to $1,950/mo

That comparable adjusts to $1,950/mo; the $2,044/mo estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

On schools, this address is zoned for Lynnwood Heights Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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
$1,894/moBelow market$2,700/moAbove market

Total price vs nearby homes. Fair value about $2,044/mo, median of 15 comparables.

Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$2,399avg asking

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

2b Horizon Crescent$3,499- BASEMENT-3 Christina Crescent$1,800Bsmt-129 Earlton Road$1,899

The 3 closest active listings nearby.

See all comparable homes
2,700This home3,4991,8001,899This home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $2K
5active listings nearby
102days on market

100 days longer than the Toronto average (2 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

Wexford-Maryvale
$2K
Bendale
$2K
Bayview Village
$1K
Willowdale East
$3K
Clairlea-Birchmount
$2K

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 Lynnwood Heights Junior Public School
84%
Lynnwood Heights Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 84% meet the provincial standard
Henry Kelsey Senior Public SchoolEQAO results not published
St. BartholomewEQAO results not published

Affordability & Mortgage

Affordability
$12/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $12Property tax $2Total carry $14

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)
$12per month

Mortgage amount $2,160 · 4.14% over 25 years

$540Down payment (20.0%)
$2,160Loan before insurance
$0CMHC premium
$13Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13

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

One-time closing costs

Ontario land transfer tax
$14
Toronto municipal land transfer tax
$14
Estimated closing costs
$27

Plus your down payment of $540. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,298Total interest paid
$3,458Total of all payments
Principal $2,160 Interest $1,298
YearPrincipalInterestBalance
1$51$88$2,109
2$53$86$2,057
3$55$83$2,002
4$57$81$1,945
5$60$79$1,885
6$62$76$1,823
7$65$74$1,758
8$67$71$1,691
9$70$68$1,620
10$73$65$1,547
11$76$62$1,471
12$79$59$1,392
13$83$56$1,309
14$86$52$1,223
15$90$49$1,133
16$94$45$1,039
17$97$41$942
18$102$37$840
19$106$33$735
20$110$28$624
21$115$23$509
22$120$19$390
23$125$14$265
24$130$8$135
25$135$3$0

At the end of your 5-year term

Total paid over the term
$692
Principal paid down
$275
Interest paid
$417
Balance remaining
$1,885

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.

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

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