3221-2031 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13674434

$528,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this 2 Bedroom/2 Full bath spacious (771 SF + 140SF Wraparound Balcony) Filled With abundant Natural Light.
  • Excellent Location, Steps to T.T.C that connects you to Kennedy subway station, minutes drive to Agincourt GO, Shopping, Park, Library, Amenities, Schools, Hwy 401And...
  • World class amenities will include A State-Of-The-Art Gym, Party Room, Comfortable Guest Suites, 24 hours Concierge and Security System Ensures A Peaceful And Secure...

Welcome to this 2 Bedroom/2 Full bath spacious (771 SF + 140SF Wraparound Balcony) Filled With abundant Natural Light. An Unobstructed North View, Modern Design With Large Windows And Wraparound Balcony. Great Layout, Cozy And Spacious. Excellent Location, Steps to T.T.C that connects you to Kennedy subway station, minutes drive to Agincourt GO, Shopping, Park, Library, Amenities, Schools, Hwy 401And A Lively Array Of Restaurants & Stores nearby. World class amenities will include A State-Of-The-Art Gym, Party Room, Comfortable Guest Suites, 24 hours Concierge and Security System Ensures A Peaceful And Secure Living Experience, Visitor Parking & much More....

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13674434
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Hwy 401 / Kennedy Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$590/mo
Exposure
North
Property tax
$2,900 / 2025
Days on market
67
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

BathroomFlat2.04 × 1.78 m
BedroomFlat4.57 × 3.20 m

laminate · large window

BathroomFlat2.38 × 1.50 m
Living RoomFlat3.59 × 2.30 m

Combined w/Kitchen

Bedroom 2Flat4.56 × 3.61 m

laminate · large window

KitchenFlat3.59 × 3.21 m

Combined w/Living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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
Also nearby: 12 more schools within 2.5 km
Inglewood Heights Junior Public School · Public elementary0.7 km · 72% at standard
Glamorgan Junior Public School · Public elementary0.7 km · 63% at standard
Agincourt Junior Public School · Public elementary1.3 km · 75% at standard
Lynngate Junior Public School · Public elementary1.3 km · 61% at standard
Tam O'Shanter Junior Public School · Public elementary1.3 km · 56% at standard
Agincourt Collegiate Institute · Public secondary1.4 km · 82% at standard
Holy Spirit Catholic School · Catholic elementary1.4 km · 72% at standard
Ellesmere-Statton Public School · Public elementary1.5 km · 64% at standard
Sir Alexander Mackenzie Senior Public School · Public elementary1.6 km
C D Farquharson Junior Public School · Public elementary1.7 km · 87% at standard
Pauline Johnson Junior Public School · Public elementary1.7 km · 58% at standard
Vradenburg Junior Public School · Public elementary1.9 km · 75% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,406/mo
$114KIncome needed
4.6×Price ÷ income
$555Weekly cost
$14,070Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $2,406Property tax $242Condo fee $590Total carry $3,238

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,336per month

Mortgage amount $422,400 · 4.49% over 25 years

$105,600Down payment (20.0%)
$422,400Loan before insurance
$0CMHC premium
$3,167Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,336
Property tax
$242
Condo / maintenance fees
$590
Heating
$0
Estimated monthly cost
$3,167

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

One-time closing costs

Ontario land transfer tax
$7,035
Toronto municipal land transfer tax
$7,035
Estimated closing costs
$14,070

Plus your down payment of $105,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,827/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

$278,257Total interest paid
$700,657Total of all payments
Principal $422,400 Interest $278,257
YearPrincipalInterestBalance
1$9,426$18,600$412,974
2$9,854$18,172$403,120
3$10,302$17,725$392,818
4$10,769$17,257$382,049
5$11,258$16,768$370,791
6$11,769$16,257$359,021
7$12,304$15,722$346,717
8$12,862$15,164$333,855
9$13,446$14,580$320,408
10$14,057$13,969$306,351
11$14,695$13,331$291,656
12$15,362$12,664$276,294
13$16,060$11,966$260,234
14$16,789$11,237$243,444
15$17,551$10,475$225,893
16$18,348$9,678$207,545
17$19,181$8,845$188,363
18$20,052$7,974$168,311
19$20,963$7,063$147,348
20$21,915$6,112$125,433
21$22,910$5,117$102,524
22$23,950$4,076$78,574
23$25,037$2,989$53,537
24$26,174$1,852$27,362
25$27,362$664$0

At the end of your 5-year term

Total paid over the term
$140,131
Principal paid down
$51,609
Interest paid
$88,522
Balance remaining
$370,791

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$2,400/mo
$28,800Gross annual rent
2.9%Cap rate after taxes and upkeep

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.

5.5%
Gross yield
− Property tax $2,900− Condo fees $7,080− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,052

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

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