2003-2033 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13074470

$649,900
For Sale
Listed 170 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Modern 2-bed, 2-bath condo at K Square in Scarborough featuring 9-ft ceilings, floor-to-ceiling windows, and a wrap-around balcony with stunning views.
  • Prime location near Hwy 401, TTC, GO Transit, Kennedy Commons, and Scarborough Town Centre, plus top schools like U of T, Seneca, and Centennial.
  • Enjoy great amenities: 24-hour security, gym, lounge, guest suites, library, kids'area, and yoga studio.

Modern 2-bed, 2-bath condo at K Square in Scarborough featuring 9-ft ceilings, floor-to-ceiling windows, and a wrap-around balcony with stunning views. Includes stainless steel appliances, full-size washer/dryer, and parking. Prime location near Hwy 401, TTC, GO Transit, Kennedy Commons, and Scarborough Town Centre, plus top schools like U of T, Seneca, and Centennial. Enjoy great amenities: 24-hour security, gym, lounge, guest suites, library, kids'area, and yoga studio. A perfect blend of comfort and convenience-don't miss it.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13074470
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Kennedy & Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$602/mo
Exposure
West
Property tax
$2,885 / 2025
Days on market
170
Listing brokerage
REALBIZ REALTY INC.

Rooms

Primary BedroomFlat2.99 × 3.05 m

laminate · 3 pc ensuite

Dining RoomFlat2.38 × 4.57 m

laminate · combined w/kitchen

KitchenFlat2.38 × 4.57 m

laminate · b/i appliances

Living RoomFlat2.16 × 4.69 m

laminate · w/o to balcony

Bedroom 2Flat2.68 × 2.80 m

laminate · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$637Klikely sale price

Listed at $649,900. Going by how homes in Agincourt South-Malvern West and the wider GTA have actually closed against their asking prices (about 98%, 33 local closings in 90 days), the likely sale price is near $637K, if it sells. A realistic range is $600K to $689K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 170 days on the market against about 33 for homes like it here, and asking 29% above where comparable closings put it.

List price
$600KBelow recent closings$689KAbove recent closings

Total price vs nearby homes. Likely closing about $637K, from 33 recent closings in this pocket.

The market behind the math:

33sold nearby · 90 days
$418Kmedian sold price
98%of asking, on average
−17%prices vs a year ago
~26 dayshomes like this take to sell
170days on market so far
$2,651/moest. rent · 65 leases
4.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 30 condo apartment homes for sale in the area against 33 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $867/sqft against an area asking average of $678/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 33 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $476K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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.

Based on 25 homes sold in this building over the past two years, from 281 closings in Agincourt South-Malvern West.

What sellers nearby are askingCurrently listed nearby in Agincourt South-Malvern West · asking prices
$537kavg asking

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

Per square foot, these ask about $717/sqft; this home lists at $867/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home610k528k520k519k509kThis home vs active comparables

Sold price trend

Median sold price for condos in Agincourt South-Malvern West: $410K in September 2026, down 14% from a year ago, on 128 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$505K12
November 2025$515K10
December 2025$443K9
January 2026$502K9
February 2026$455K5
March 2026$485K12
April 2026$420K15
May 2026$497K11
June 2026$434K12
July 2026$500K13
August 2026$390K11
September 2026$410K9

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.

Nearby neighbourhoods

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

Bayview Village
$543K
North St. James Town
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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
Also nearby: 12 more schools within 2.5 km
Inglewood Heights Junior Public School · Public elementary0.7 km · 72% at standard
Glamorgan Junior Public School · Public elementary0.8 km · 63% at standard
Agincourt Junior Public School · Public elementary1.3 km · 75% at standard
Lynngate Junior Public School · Public elementary1.3 km · 61% at standard
Agincourt Collegiate Institute · Public secondary1.4 km · 82% at standard
Tam O'Shanter Junior Public School · Public elementary1.4 km · 56% at standard
Holy Spirit Catholic School · Catholic elementary1.5 km · 72% at standard
Ellesmere-Statton Public School · Public elementary1.5 km · 64% at standard
Sir Alexander Mackenzie Senior Public School · Public elementary1.6 km
C D Farquharson Junior Public School · Public elementary1.7 km · 87% at standard
Pauline Johnson Junior Public School · Public elementary1.8 km · 58% at standard
Edgewood Public School · Public elementary1.9 km · 36% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,962/mo
$135KIncome needed
4.8×Price ÷ income
$684Weekly cost
$18,946Land transfer tax, one-time (Ontario + Toronto)
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.

78%mortgage
Mortgage $2,962Property tax $240Condo fee $602Total carry $3,805

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,875per month

Mortgage amount $519,920 · 4.49% over 25 years

$129,980Down payment (20.0%)
$519,920Loan before insurance
$0CMHC premium
$3,717Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,875
Property tax
$240
Condo / maintenance fees
$602
Heating
$0
Estimated monthly cost
$3,717

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

One-time closing costs

Ontario land transfer tax
$9,473
Toronto municipal land transfer tax
$9,473
Estimated closing costs
$18,946

Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,479/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

$342,498Total interest paid
$862,418Total of all payments
Principal $519,920 Interest $342,498
YearPrincipalInterestBalance
1$11,602$22,894$508,318
2$12,129$22,368$496,188
3$12,680$21,817$483,508
4$13,256$21,241$470,253
5$13,857$20,639$456,395
6$14,487$20,010$441,909
7$15,144$19,352$426,764
8$15,832$18,665$410,932
9$16,551$17,946$394,381
10$17,302$17,194$377,079
11$18,088$16,409$358,991
12$18,909$15,588$340,082
13$19,768$14,729$320,314
14$20,665$13,831$299,649
15$21,604$12,893$278,045
16$22,584$11,912$255,461
17$23,610$10,887$231,851
18$24,682$9,815$207,169
19$25,803$8,694$181,366
20$26,974$7,523$154,392
21$28,199$6,298$126,193
22$29,479$5,018$96,714
23$30,818$3,679$65,897
24$32,217$2,280$33,680
25$33,680$817$0

At the end of your 5-year term

Total paid over the term
$172,484
Principal paid down
$63,525
Interest paid
$108,959
Balance remaining
$456,395

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
From 65 whole-home leases in Agincourt South-Malvern West$2,651/mo
$31,812Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,519 to $2,784Typical rent range
~23 daysTo find a tenant, on average

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

Talk about the numbers

The last 65 whole-home leases in Agincourt South-Malvern West signed at a median of $2,542 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,651. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.9%
Gross yield
− Property tax $2,885− Condo fees $7,227− Insurance $600− Vacancy & upkeep $3,499Net operating income $17,601

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

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