291 Kennedy Road, Toronto, ON
Birchcliffe-Cliffside, Toronto · MLS® E13205848
About this home
Welcome to 291 Kennedy Road, a well-maintained bungalow offering exceptional versatility and value in today's market. Ideal for first-time buyers, growing families, downsizers, or investors. This home features a bright and functional main floor with two spacious bedrooms, a modern 4-piece bathroom, and an open-concept living and dining area perfect for everyday living and entertaining. Enjoy direct access from the primary bedroom to a private deck overlooking a generous backyard - an excellent space for relaxing, entertaining, or enjoying outdoor family time.The finished basement with a separate entrance adds outstanding flexibility, featuring two additional bedrooms, a full kitchen, living area, and 4-piece bathroom, making it ideal for extended family, multi-generational living, or potential in-law suite use. Conveniently located in a family-friendly neighbourhood close to transit, schools, parks, shopping, and everyday amenities, this is an excellent opportunity to own a property that offers both lifestyle appeal and long-term potential.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13205848
- Bedrooms
- 4 (2 + 2)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 40 × 125 ft
- Cross streets
- Kennedy Rd/Danforth Rd
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,823 / 2025
- Days on market
- 57
- Listing brokerage
- RE/MAX METROPOLIS REALTY
Rooms
combined w/kitchen · laminate · w/o to porch
combined w/dining · hardwood floor · w/o to porch
hardwood floor · window · w/o to porch
combined w/living · hardwood floor · w/o to porch
tile floor · hardwood floor · w/o to porch
hardwood floor · w/o to deck · closet
combined w/dining · hardwood floor · w/o to porch
laminate · hardwood floor · w/o to porch
combined w/living · laminate · w/o to porch
laminate · hardwood floor · w/o to porch
Listed at $800,000, and my independent estimate is right in line with comparable homes.
In Birchcliffe-Cliffside lately, sellers get about 98% of asking; homes sell in ~21 days.
Total price vs nearby homes. Fair value about $786K, median of 51 comparables.
How this estimate is builtthe short version
I take the 51 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $742K, a close match.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Birch Cliff Heights 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kennedy Rd at Park St is about a 1-minute walk away.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 51 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 7% below the area average of $959/sqft.
56 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Birchcliffe-Cliffside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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 OpenStreetMap contributors.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Kennedy Rd at Park St, about 69 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $640,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,415
- Property tax
- $319
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,734
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,475
- Toronto municipal land transfer tax
- $12,475
- Estimated closing costs
- $24,950
Plus your down payment of $160,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $204,917
- Principal paid down
- $81,504
- Interest paid
- $123,413
- Balance remaining
- $558,496
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.