514-3650 Kingston Road, Toronto, ON

Scarborough Village, Toronto · MLS® E13479004

$499,000
For Sale
Listed 24 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Perfect for First-Time Buyers! Prime Location with stunning sunset views from balcony and Bedrooms .This spotless with lots of renovations and well-laid-out 2+1 bedroom condo is truly move-in ! The thoughtfully designed split layout offers 2 bedrooms plus a fully enclosed den perfect as a 3rd bedroom or sleek home office, 2 full bathrooms including a private 4-piece primary ensuite, a generous open-concept living and dining space, and a separate kitchen featuring a backsplash . Beautiful laminate flooring flows throughout, in-suite laundry is included, and the grand mirrored foyer entry sets the tone from the moment you walk in. The location is unbeatable for convenience: Metro, Dollarama, Goodlife Fitness, Cougar court Child Care, medical clinics and TTC are all steps from the front entrance Includes parking. Close to Schools ,The Bluffs, golf Course, , libraries, banks and recreational centers. Enjoy peace of mind with very reasonable maintenance fees and taxes, making homeownership more accessible.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13479004
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Kingston Rd & Eglinton Ave
Parking
1 garage (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$836/mo
Exposure
North East
Property tax
$1,731 / 2025
Days on market
24
Listing brokerage
REALTY 21 INC.

Rooms

DenMain2.50 × 2.50 m

french doors · open concept

Living RoomMain4.97 × 3.32 m

combined w/dining · w/o to balcony · laminate

Primary BedroomMain3.90 × 3.02 m

4 pc ensuite · closet organizers · laminate

Dining RoomMain2.65 × 3.32 m

combined w/living · laminate

KitchenMain3.08 × 2.71 m

ceramic floor · b/i appliances

Bedroom 2Main3.81 × 2.47 m

closet · window · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$448Kest. value

Listed at $499,000, this home is within the range of comparable homes, on the higher side. 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 $630K, higher than the comparables and worth a second look.

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 $559K
  • Adjusts to $559K

That comparable adjusts to $559K; the $448K 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 Scarborough Village 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. Kingston Rd at Brinloor Blvd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$367KGreat deal$515KOverpriced

Total price vs nearby homes. Fair value about $448K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Scarborough Village · asking prices
$500kavg asking

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

1107-3233 Eglinton Avenue$499k206B-3231 Eglinton Avenue$515k709-3380 Eglinton Avenue$559k503-180 Markham Road$480k1704-180 Markham Road$449k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home499k515k559k480k449kThis home vs active comparables
Live market pulseActive comparables in Scarborough Village · median list $485K
$454this home / sqft
15active listings nearby
24days on market

This home lists 1% above the area average of $449/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

Scarborough Village, 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

88/ 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: Kingston Rd at Brinloor Blvd, about 122 m away

20+ transit stops9 grocery20+ dining16 parks18 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
Church-Yonge Corridor
$574K
Annex
$1.39M
Willowdale West
$770K

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 Mason Road Junior Public School
43%
Mason Road Junior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 43% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,274/mo
$110KIncome needed
4.5×Price ÷ income
$525Weekly 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.

70%mortgage
Mortgage $2,274Property tax $144Condo fee $836Total carry $3,255

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)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,111Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$144
Condo / maintenance fees
$836
Heating
$0
Estimated monthly cost
$3,111

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$3,400/mo
$40,800Gross annual rent
4.8%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.

8.2%
Gross yield
− Property tax $1,731− Condo fees $10,034− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,947

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY 21 INC.. MLS®/PropTx.

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