602-2033 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E12967946

$399,000
For Sale
Listed 101 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E12967946
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Kennedy Road/Village Green Sq.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$415/mo
Exposure
West
Property tax
$2,100 / 2025
Days on market
101
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$396Kest. value

Listed at $399,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $449K, a bit higher.

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 $479K
  • Adjusts to $479K

That comparable adjusts to $479K; the $396K estimate above is the median of all 10 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 Stephen Leacock Collegiate Institute. 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 very walkable address with everyday errands close by. Kennedy Rd at Village Green Sq is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$367KGreat deal$427KOverpriced

Total price vs nearby homes. Fair value about $396K, median of 10 comparables.

Comparable listingsCurrently listed nearby in Agincourt South-Malvern West · asking prices
$433kavg asking

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

3806-2033 Kennedy Road$396k3226-2031 Kennedy Road$439k319-2351 Kennedy Road$420k1217-181 Village Green Square$429k2210-2033 Kennedy Road$479k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home396k439k420k429k479kThis home vs active comparables
Live market pulseActive comparables in Agincourt South-Malvern West · median list $450K
$726this home / sqft
21active listings nearby
101days on market

This home lists 1% above the area average of $721/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Agincourt South-Malvern West, 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

79/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Kennedy Rd at Village Green Sq, about 118 m away

20+ transit stops7 grocery20+ dining10 parks20+ pharmacies

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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 Stephen Leacock Collegiate Institute
58%
Stephen Leacock Collegiate InstitutePublic · Secondary · 1.7 km awayBelow the GTA average · 58% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
St. BartholomewEQAO results not published

Affordability & Mortgage

Affordability
$1,819/mo
$86KIncome needed
4.6×Price ÷ income
$420Weekly 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.

75%mortgage
Mortgage $1,819Property tax $175Condo fee $415Total carry $2,409

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,293Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$175
Condo / maintenance fees
$415
Heating
$0
Estimated monthly cost
$2,293

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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$1,700/mo
$20,400Gross annual rent
2.6%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.

5.1%
Gross yield
− Property tax $2,100− Condo fees $4,982− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,474

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

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