222 & 224 Kennedy Road, Toronto, ON

Birchcliffe-Cliffside, Toronto · MLS® E13723670

$2,390,000
For Sale
Listed 52 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Attention builders, developers and rennovaters.
  • The size of the 2 lot together is almost 100x150 ft.
  • 2 Detached 3 bedroom Bungalow Adjacent for sale.
  • Properties sold as is and priced for land value only.

Attention builders, developers and rennovaters. The size of the 2 lot together is almost 100x150 ft. 2 Detached 3 bedroom Bungalow Adjacent for sale. Properties sold as is and priced for land value only.

Key facts

Property type
Detached, Bungalow
MLS®
E13723670
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
99.5 × 150 ft
Cross streets
Kennedy Rd / Danforth Rd
Parking
2 parking
Driveway
Available
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick Front
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$8,634 / 2025
Days on market
52
Listing brokerage
HOMELIFE/VISION REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Birch Cliff Heights Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Birchcliffe-Cliffside · asking prices
$953kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,059/sqft; this home lists at $1,838/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.39MThis home839k879k849k1.15M1.05MThis home vs active comparables

Neighbourhood & location

Birchcliffe-Cliffside, 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.

Woodbine-Lumsden
$949K
Wexford-Maryvale
$849K
Bendale
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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 Birch Cliff Heights Public School
59%
Birch Cliff Heights Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cliffside Public School · Public elementary0.6 km · 54% at standard
J G Workman Public School · Public elementary0.8 km · 51% at standard
Danforth Gardens Public School · Public elementary1.1 km · 58% at standard
John A Leslie Public School · Public elementary1.1 km · 60% at standard
Chine Drive Public School · Public elementary1.3 km · 90% at standard
Norman Cook Junior Public School · Public elementary1.4 km · 56% at standard
St Theresa Shrine Catholic School · Catholic elementary1.6 km · 67% at standard
St Joachim Catholic School · Catholic elementary1.6 km · 63% at standard
Birch Cliff Public School · Public elementary1.7 km · 68% at standard
Taylor Creek Public School · Public elementary1.7 km · 41% at standard
St John Henry Newman Catholic High School · Catholic secondary1.8 km · 63% at standard
General Brock Public School · Public elementary1.9 km · 55% at standard

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

Affordability & Mortgage

Affordability
$10,893/mo
$439KIncome needed
5.4×Price ÷ income
$2,514Weekly cost
$92,450Land 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.

94%mortgage
Mortgage $10,893Property tax $720Total carry $11,612

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$10,572per month

Mortgage amount $1,912,000 · 4.49% over 25 years

$478,000Down payment (20.0%)
$1,912,000Loan before insurance
$0CMHC premium
$11,291Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,572
Property tax
$720
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,291

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

One-time closing costs

Ontario land transfer tax
$46,225
Toronto municipal land transfer tax
$46,225
Estimated closing costs
$92,450

Plus your down payment of $478,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,795/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

$1,259,533Total interest paid
$3,171,533Total of all payments
Principal $1,912,000 Interest $1,259,533
YearPrincipalInterestBalance
1$42,668$84,194$1,869,332
2$44,605$82,256$1,824,727
3$46,630$80,231$1,778,097
4$48,747$78,114$1,729,350
5$50,961$75,901$1,678,389
6$53,275$73,587$1,625,114
7$55,693$71,168$1,569,421
8$58,222$68,639$1,511,199
9$60,866$65,996$1,450,333
10$63,629$63,232$1,386,704
11$66,518$60,343$1,320,186
12$69,538$57,323$1,250,647
13$72,696$54,166$1,177,951
14$75,996$50,865$1,101,955
15$79,447$47,414$1,022,508
16$83,054$43,807$939,454
17$86,825$40,036$852,628
18$90,767$36,094$761,861
19$94,889$31,973$666,972
20$99,197$27,664$567,776
21$103,701$23,160$464,075
22$108,409$18,452$355,665
23$113,332$13,530$242,334
24$118,477$8,384$123,857
25$123,857$3,005$0

At the end of your 5-year term

Total paid over the term
$634,307
Principal paid down
$233,611
Interest paid
$400,695
Balance remaining
$1,678,389

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
0.6%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.

1.2%
Gross yield
− Property tax $8,634− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $14,530

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

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