712-3088 Kennedy Road, Toronto, ON

Steeles, Toronto · MLS® E13141432

$399,000
For Sale
Listed 59 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome To This Bright & Spacious Split 2-Bedroom Suite In A Well-Managed Tridel-Built Condominium Community Offering Independent Living With Exceptional Comfort, Convenience & Peace Of Mind. This Rarely Offered, Original Owner Unit Has Been Meticulously Maintained And Features Brand New Low-Maintenance Flooring Throughout, Fresh Paint, And Brand New Stainless Steel Kitchen Appliances Including Fridge, Stove & Dishwasher. Truly Move-In Ready!Enjoy Spectacular Unobstructed Views, A Functional Open-Concept Layout, And Generous Principal Rooms Filled With Natural Light. The Primary Bedroom Includes Accessibility Features Such As A Grab Bar In The Shower And Toilet Safety Rail For Added Comfort & Convenience. Includes One Indoor Parking Space.Designed With Senior Living In Mind Yet Open To Residents Of All Ages. Residents Enjoy 24-Hour Emergency Response Services, Wellness & Recreation Programs, Library Access, Weekly Transportation To Grocery Shopping, Monthly Blood Pressure Monitoring, Flu/Covid Vaccination Clinics, And Optional Fee-For-Service Support Including Meals-On-Wheels, Medication Reminder Feature and Daily Recreational Programs.Excellent Location With 24-Hour TTC At Your Doorstep Offering Direct Transit Access To Kennedy & Finch Subway Station. Walking Distance To L'Amoreaux Community Centre, Close To Pacific Mall, Restaurants, Medical Services, Shopping & A 24-Hour Chinese Supermarket. Plaza & Dining Centre Across The Street. Ideal For Seniors, Downsizers, Or Families Seeking A Safe, Supportive & Community-Oriented Lifestyle With Independence And Convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13141432
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Kennedy/McNicoll
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$1,272/mo
Exposure
West
Property tax
$1,674 / 2025
Days on market
59
Listing brokerage
EXP REALTY

Rooms

KitchenFlat2.51 × 2.31 m

overlooks dining · stainless steel appl · ceramic floor

Dining RoomFlat5.38 × 3.12 m

combined w/living · open concept · plank

Primary BedroomFlat4.13 × 3.12 m

large window · walk-in closet(s) · plank

Bedroom 2Flat3.12 × 2.81 m

large window · large closet · plank

Living RoomFlat5.38 × 3.12 m

combined w/dining · large window · plank

Moe’s TakeTeam Asgarian · Broker
Below comparables
$469Kest. value

Listed at $399,000, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $406K, a bit lower.

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 $481K
  • Bathrooms +$15K
  • Adjusts to $496K

That comparable adjusts to $496K; the $469K estimate above is the median of all 8 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 Silver Springs 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 very walkable address with everyday errands close by. Kennedy Rd at McNicoll Ave South Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$399KGreat deal$503KOverpriced

Total price vs nearby homes. Fair value about $469K, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Steeles · asking prices
$453kavg asking

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

611-3088 Kennedy Road$428k608-3088 Kennedy Road$429kPH10-3088 Kennedy Road$439k113-55 Bamburgh Circle$481k310-275 Bamburgh Circle$488k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home428k429k439k481k488kThis home vs active comparables
Live market pulseActive comparables in Steeles · median list $488K
$470this home / sqft
10active listings nearby
59days on market

This home lists 10% below the area average of $523/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

Steeles, 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

73/ 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 McNicoll Ave South Side, about 80 m away

20+ transit stops3 grocery20+ dining11 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.

Willowdale East
$441K
Banbury-Don Mills
$500K
Willowdale West
$770K
Annex
$1.57M
Church-Yonge Corridor
$573K

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 Silver Springs Public School
64%
Silver Springs Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 64% meet the provincial standard

Affordability & Mortgage

Affordability
$1,819/mo
$101KIncome needed
3.9×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.

56%mortgage
Mortgage $1,819Property tax $140Condo fee $1,272Total carry $3,230

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
$3,115Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$140
Condo / maintenance fees
$1,272
Heating
$0
Estimated monthly cost
$3,115

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$2,700/mo
$32,400Gross annual rent
2.8%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.

8.1%
Gross yield
− Property tax $1,674− Condo fees $15,265− Insurance $600− Vacancy & upkeep $3,564Net operating income $11,297

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

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