2621-2031 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13580326

$2,300/mo
For Lease
Listed 4 days ago
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to KSquare Condos, Only one years new!! Located at Kennedy and Hwy 401! The bright suite features an open concept layout, laminate throughout. Modern kitchen with built-in appliances. 9' Ceiling Height, Floor to Ceiling Window, Conveniently located right by the highway entrance, you can hop on and off the 401 easily. Plenty of shopping, restaurants, services, and groceries nearby. STC, UofT Scarborough, Centennial College are a short drive away! Amenities to be completed include a lounge, workspace, terrace and BBQs, gym, security, visitor parking, and more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13580326
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Kennedy/Highway 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
East West
Days on market
4
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Living RoomMain3.80 × 3.90 m

Laminate

Primary BedroomMain3.30 × 4.25 m

laminate · large window

KitchenMain2.86 × 2.56 m

Laminate

DenMain4.30 × 2.76 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,127/moest. value

Listed at $2,300/mo, this rental is about 8% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Agincourt South-Malvern West lately, landlords have been getting about 98% of asking and homes lease in about 23 days.

Based on 54 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 54 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,050/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $2,127/mo estimate above is the median of all 54 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$2,027/moBelow market$2,300/moAbove market

Total price vs nearby homes. Fair value about $2,127/mo, median of 54 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Agincourt South-Malvern West · asking prices
$2,210avg asking

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

1920-275 Village Green Square$2,250605-225 Village Green Square$2,2502120-275 Village Green Square$2,2003216-2031 Kennedy Road$2,2001905-2033 Kennedy Road$2,150

The 5 closest of 8 active listings nearby.

See all comparable homes
2,300This home2,2502,2502,2002,2002,150This home vs active comparables
Live market pulseActive comparables in Agincourt South-Malvern West · median list $2K
35active listings nearby
4days on market
100leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$3K
Mount Pleasant West
$2K
North St. James Town
$2K
Church-Yonge Corridor
$2K
Annex
$2K

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
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $10Property tax $1Total carry $12

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,840 · 4.14% over 25 years

$460Down payment (20.0%)
$1,840Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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
Toronto municipal land transfer tax
$12
Estimated closing costs
$23

Plus your down payment of $460. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,106Total interest paid
$2,946Total of all payments
Principal $1,840 Interest $1,106
YearPrincipalInterestBalance
1$43$75$1,797
2$45$73$1,752
3$47$71$1,705
4$49$69$1,656
5$51$67$1,606
6$53$65$1,553
7$55$63$1,498
8$57$60$1,440
9$60$58$1,380
10$62$55$1,318
11$65$53$1,253
12$68$50$1,185
13$70$47$1,115
14$73$44$1,042
15$77$41$965
16$80$38$885
17$83$35$802
18$87$31$716
19$90$28$626
20$94$24$532
21$98$20$434
22$102$16$332
23$106$12$226
24$111$7$115
25$115$3$0

At the end of your 5-year term

Total paid over the term
$589
Principal paid down
$234
Interest paid
$355
Balance remaining
$1,606

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.

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

CallRequest a showing