2818-2031 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13546850

$338,000
For Sale
Listed 7 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

Situated on a high floor, lucky number 28, this exceptional unit offers breathtaking, unobstructed views paired with soaring 9-foot ceilings and floor-to-ceiling windows that bathe the interior in natural light throughout the day. The open-concept layout is complemented by a sleek, modern kitchen featuring built-in appliances and tons of storage space. Ideally located in a highly sought-after neighborhood, you're just minutes from Scarborough Town Centre, as well as top educational institutions including the University of Toronto Scarborough, Seneca College, and Centennial College. Commuters will appreciate the seamless connectivity, with quick access to Highway 401, TTC transit, and GO Transit-making travel across the city effortless. Residents enjoy access to an impressive selection of world-class amenities, enhancing both lifestyle and leisure. Perfect for first-time home buyers, downsizers, or investors. Photos have been virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13546850
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Kennedy/Sheppard/401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$389/mo
Exposure
North
Property tax
$2,081 / 2025
Days on market
7
Listing brokerage
T-ONE GROUP REALTY INC.,
Moe’s TakeTeam Asgarian · Broker
Below comparables
$439Kest. value

Listed at $338,000, this home is about 23% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($1,355/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Agincourt South-Malvern West, so I widened the search to the surrounding area.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $466K, a close match.

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 $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $439K estimate above is the median of all 10 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 Stephen Leacock Collegiate Institute. 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 Village Green Sq is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$338KGreat deal$479KOverpriced

Total price vs nearby homes. Fair value about $439K, median of 10 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Agincourt South-Malvern West · asking prices
$380kavg asking

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

808-255 Village Green Square$350k2523-2031 Kennedy Road$384k2917-275 Village Green Square$388k1719-2031 Kennedy Road$398k

The 4 closest active listings nearby.

See all comparable homes
338kThis home350k384k388k398kThis home vs active comparables
Live market pulseActive comparables in Agincourt South-Malvern West · median list $439K
$1,355this home / sqft
32active listings nearby
7days 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

Agincourt South-Malvern West, 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

78/ 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 Village Green Sq, about 60 m away

20+ transit stops7 grocery20+ dining10 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
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 Stephen Leacock Collegiate Institute
58%
Stephen Leacock Collegiate InstitutePublic · Secondary · 1.6 km awayBelow the GTA average · 58% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
St. BartholomewEQAO results not published

Affordability & Mortgage

Affordability
$1,540/mo
$75KIncome needed
4.5×Price ÷ income
$355Weekly 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.

73%mortgage
Mortgage $1,540Property tax $173Condo fee $389Total carry $2,103

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)
$1,443per month

Mortgage amount $270,400 · 4.14% over 25 years

$67,600Down payment (20.0%)
$270,400Loan before insurance
$0CMHC premium
$2,005Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,443
Property tax
$173
Condo / maintenance fees
$389
Heating
$0
Estimated monthly cost
$2,005

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

One-time closing costs

Ontario land transfer tax
$3,545
Toronto municipal land transfer tax
$3,545
Estimated closing costs
$7,090

Plus your down payment of $67,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,753/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

$162,486Total interest paid
$432,886Total of all payments
Principal $270,400 Interest $162,486
YearPrincipalInterestBalance
1$6,335$10,981$264,065
2$6,600$10,716$257,466
3$6,876$10,440$250,590
4$7,163$10,152$243,427
5$7,463$9,853$235,964
6$7,775$9,541$228,190
7$8,100$9,215$220,089
8$8,439$8,877$211,650
9$8,792$8,524$202,859
10$9,160$8,156$193,699
11$9,543$7,773$184,156
12$9,942$7,373$174,214
13$10,358$6,958$163,856
14$10,791$6,524$153,065
15$11,242$6,073$141,823
16$11,713$5,603$130,110
17$12,203$5,113$117,907
18$12,713$4,602$105,194
19$13,245$4,071$91,949
20$13,799$3,517$78,150
21$14,376$2,939$63,774
22$14,977$2,338$48,797
23$15,604$1,712$33,193
24$16,257$1,059$16,937
25$16,937$379$0

At the end of your 5-year term

Total paid over the term
$86,577
Principal paid down
$34,436
Interest paid
$52,142
Balance remaining
$235,964

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$2,300/mo
$27,600Gross annual rent
5.1%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 $2,081− Condo fees $4,665− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,218

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

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