406-825 Kennedy Road, Toronto, ON

Ionview, Toronto · MLS® E13531066

$329,000
For Sale
Listed 10 days ago
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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to your new home at 825 Kennedy Road, Unit 406! Location, Location, Location! A very short stroll over to Kennedy Subway Station, Kennedy Go Station, and the New Eglinton LRT coming soon, connecting you to the whole city of Toronto! This beautifully renovated 2 bedroom home with an excellent layout is a perfect home for small families, first time home buyers, or investors. Maintenance fees cover most utilities. Yearly Property taxes are amazingly low! 1 Parking spot included. There is an option to rent a 2nd or 3rd parking spot for a low monthly fee if needed. Lots of storage space inside, additional locker rental available. Enjoy the convenience of nearby schools, shopping centers and a great community! VIP Rogers Cable and high speed internet is included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13531066
Bedrooms
2
Bathrooms
1
Size
1000-1199
Cross streets
Kennedy and Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Concrete, Brick
Foundation
Unknown
Roof
Other
Maintenance
$1,270/mo
Exposure
North
Property tax
$1,082 / 2026
Days on market
10
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomFlat3.75 × 3.35 m

laminate · his and hers closets · window

KitchenFlat3.05 × 2.45 m

ceramic floor · backsplash

Bedroom 2Flat3.85 × 2.75 m

laminate · large closet · window

FoyerFlat1.52 × 1.01 m

Laminate

Living RoomFlat6.19 × 3.68 m

laminate · l-shaped room · window

BreakfastFlat0.00 × 0.00 m

Laminate

Dining RoomFlat3.15 × 2.45 m

laminate · l-shaped room · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

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.

The assigned public school is Lord Roberts Junior 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 Landseer Rd South Side 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$469kavg asking

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

701-45 Sunrise Avenue$375k1104-11 Wincott Drive$420k714-100 Wingarden Court$440k817-20 Dean Park Road$500k606-100 Canyon Avenue$610k

The 5 closest of 8 active listings nearby.

See all comparable homes
329kThis home375k420k440k500k610kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $549K
$299this home / sqft
95active listings nearby
10days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Ionview, 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

80/ 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 Landseer Rd South Side, about 104 m away

20+ transit stops5 grocery20+ dining15 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
Annex
$1.57M
Church-Yonge Corridor
$573K
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 Lord Roberts Junior Public School
69%
Lord Roberts Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,499/mo
$87KIncome needed
3.8×Price ÷ income
$346Weekly 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.

52%mortgage
Mortgage $1,499Property tax $90Condo fee $1,270Total carry $2,859

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)
$1,405per month

Mortgage amount $263,200 · 4.14% over 25 years

$65,800Down payment (20.0%)
$263,200Loan before insurance
$0CMHC premium
$2,765Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,405
Property tax
$90
Condo / maintenance fees
$1,270
Heating
$0
Estimated monthly cost
$2,765

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

One-time closing costs

Ontario land transfer tax
$3,410
Toronto municipal land transfer tax
$3,410
Estimated closing costs
$6,820

Plus your down payment of $65,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,706/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

$158,160Total interest paid
$421,360Total of all payments
Principal $263,200 Interest $158,160
YearPrincipalInterestBalance
1$6,166$10,689$257,034
2$6,424$10,431$250,610
3$6,692$10,162$243,918
4$6,972$9,882$236,945
5$7,264$9,590$229,681
6$7,568$9,286$222,114
7$7,884$8,970$214,229
8$8,214$8,640$206,015
9$8,558$8,297$197,457
10$8,916$7,939$188,541
11$9,289$7,566$179,252
12$9,677$7,177$169,575
13$10,082$6,772$159,493
14$10,504$6,351$148,989
15$10,943$5,911$138,046
16$11,401$5,454$126,645
17$11,878$4,977$114,768
18$12,375$4,480$102,393
19$12,892$3,962$89,501
20$13,431$3,423$76,069
21$13,993$2,861$62,076
22$14,579$2,276$47,498
23$15,188$1,666$32,309
24$15,824$1,031$16,486
25$16,486$369$0

At the end of your 5-year term

Total paid over the term
$84,272
Principal paid down
$33,519
Interest paid
$50,753
Balance remaining
$229,681

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
5.9%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.

12.4%
Gross yield
− Property tax $1,082− Condo fees $15,234− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,396

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

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