856 Kennedy Road, Toronto, ON
Ionview, Toronto · MLS® E13458998
About this home
Welcome to this remarkable custom-built home in the highly desirable Ionview community of Scarborough. Showcasing modern architecture, quality finishes, and exceptional attention to detail, this impressive home offers expansive living space designed to accommodate both growing and multi-generational families. Step into a welcoming front foyer that flows seamlessly into a spectacular staircase gallery, highlighted by soaring two-storey windows, sleek glass railings, and an abundance of natural light. The main floor features spacious living & Dinning, a stylish family room with a modern fireplace and a chef-inspired kitchen complete with quartz countertops, custom cabinetry, stainless steel appliances, and a large center island perfect for family gatherings and entertaining. The second floor is anchored by an impressive primary retreat, offering a large walk-in closet and a luxurious 6-piece ensuite designed for relaxation. Three additional well-proportioned bedrooms are thoughtfully arranged, one of which enjoys access to a private balcony overlooking the neighborhood. A stylish full bathroom and second-floor laundry add everyday convenience to this exceptional level. The finished basement offers exceptional flexibility, featuring four additional bedrooms, two full bathrooms, and a kitchenette. Ideal for extended family, multi-generational living or guest accommodations. Outside, the home boasts outstanding curb appeal, a private driveway with parking for up to five vehicles, and a modern stone-and-glass façade that makes a lasting impression. Conveniently located near Kennedy & Lawrence, this exceptional property is close to schools, parks, shopping, restaurants, public transit, Kennedy Station, and all essential amenities. Offering contemporary design, generous living space, and an unbeatable location, this is a rare opportunity to own a newer custom-built home in one of Scarborough's most convenient and established neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13458998
- Bedrooms
- 8 (4 + 4)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 41.67 × 113 ft
- Cross streets
- Kennedy & Lawrence
- Parking
- 1 garage · 6 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,066 / 2026
- Days on market
- 30
- Listing brokerage
- RE/MAX COMMUNITY REALTY INC.
Rooms
hardwood floor · b/i closet · window
hardwood floor · combined w/living · pot lights
hardwood floor · balcony · b/i closet
hardwood floor · b/i closet · window
hardwood floor · fireplace · overlooks backyard
tile floor · custom counter · w/o to yard
hardwood floor · 6 pc ensuite · walk-in closet(s)
hardwood floor · combined w/dining · pot lights
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Ionview 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 Bertrand Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
- Lifestyle
This home lists 29% below the area average of $932/sqft.
29 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ionview, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Bertrand Ave, about 83 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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,199,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $589
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,988
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,453
- Toronto municipal land transfer tax
- $26,453
- Estimated closing costs
- $52,906
Plus your down payment of $299,778. 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
- $383,934
- Principal paid down
- $152,707
- Interest paid
- $231,227
- Balance remaining
- $1,046,403
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
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 COMMUNITY REALTY INC.. MLS®/PropTx.