516-2033 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E13762940

$528,888
For Sale
Listed 40 days agoNo offer date stated
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1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • K Square Condo | 1+Den | Parking | Large Balcony | Prime Scarborough Location Welcome to K Square Condos.
  • Discover modern urban living in this stunning 1-bedroom + den suite.
  • Ideally situated in the heart of Scarborough, conveniently located near Kennedy Rd & Hwy 401.This bright and spacious unit features, floor-to-ceiling windows, 9-foot...
  • Enjoy a modern open-concept layout with laminate flooring throughout, a sleek contemporary kitchen featuring quartz countertops, undermount sink, subway-tile...
  • Step outside to your generous open balcony and enjoy bright, unobstructed views.Highlights:1 Bedroom + Spacious Den 2 Full Bathrooms, 1 Parking Space Ensuite Laundry...

K Square Condo | 1+Den | Parking | Large Balcony | Prime Scarborough Location Welcome to K Square Condos! Discover modern urban living in this stunning 1-bedroom + den suite. Ideally situated in the heart of Scarborough, conveniently located near Kennedy Rd & Hwy 401.This bright and spacious unit features, floor-to-ceiling windows, 9-foot ceilings, and an abundance of natural sunlight. Enjoy a modern open-concept layout with laminate flooring throughout, a sleek contemporary kitchen featuring quartz countertops, undermount sink, subway-tile backsplash, and built-in stainless-steel appliances. The large den offers exceptional flexibility and can easily function as a home office, study, or additional sleeping space. Step outside to your generous open balcony and enjoy bright, unobstructed views.**Highlights:**1 Bedroom + Spacious Den 2 Full Bathrooms, 1 Parking Space Ensuite Laundry Large Open Balcony Floor-to-Ceiling Windows 9-Foot Ceilings Modern Laminate Flooring Throughout Contemporary Kitchen with Quartz Countertops Built-In & Stainless-Steel Appliances Bright, Sun-Filled Interior Resort-Inspired Amenities. Enjoy access to a fantastic collection of building amenities, including a fitness Centre, party room, concierge, security system, and visitor parking. Unbeatable Convenience. Excellent access to TTC connections and Kennedy Station, Agincourt GO, major highways, parks, schools, shopping, and Kennedy Commons. Everything you need is right at your doorstep. A fantastic opportunity for first-time buyers, professionals, downsizers, or investors seeking a modern condo in a highly connected Toronto location. Don't miss this one!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13762940
Bedrooms
1
Bathrooms
2
Size
600-699 sq ft
Cross streets
Kennedy/Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$503/mo
Exposure
North
Property tax
$2,458 / 2025
Days on market
40
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomFlat3.00 × 3.70 m
Dining RoomFlat3.40 × 3.25 m
Primary BedroomFlat3.87 × 2.84 m
KitchenFlat3.10 × 3.00 m
DenFlat1.80 × 2.30 m
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 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.

What sellers nearby are askingCurrently listed nearby in Agincourt South-Malvern West · asking prices
$497kavg asking

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

Per square foot, these ask about $722/sqft; this home lists at $814/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
529kThis home537k459k439k528k520kThis home vs active comparables

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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 · 1.7 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 elementary0.8 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
Agincourt Collegiate Institute · Public secondary1.4 km · 82% at standard
Tam O'Shanter Junior Public School · Public elementary1.4 km · 56% at standard
Holy Spirit Catholic School · Catholic elementary1.5 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 elementary1.8 km · 58% at standard
Edgewood Public School · Public elementary1.9 km · 36% at standard

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

Affordability & Mortgage

Affordability
$2,410/mo
$111KIncome needed
4.8×Price ÷ income
$556Weekly cost
$14,106Land 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.

77%mortgage
Mortgage $2,410Property tax $205Condo fee $503Total carry $3,118

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)
$2,339per month

Mortgage amount $423,110 · 4.49% over 25 years

$105,778Down payment (20.0%)
$423,110Loan before insurance
$0CMHC premium
$3,047Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,339
Property tax
$205
Condo / maintenance fees
$503
Heating
$0
Estimated monthly cost
$3,047

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

One-time closing costs

Ontario land transfer tax
$7,053
Toronto municipal land transfer tax
$7,053
Estimated closing costs
$14,106

Plus your down payment of $105,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,832/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

$278,725Total interest paid
$701,835Total of all payments
Principal $423,110 Interest $278,725
YearPrincipalInterestBalance
1$9,442$18,631$413,668
2$9,871$18,203$403,798
3$10,319$17,755$393,479
4$10,787$17,286$382,691
5$11,277$16,796$371,414
6$11,789$16,284$359,625
7$12,325$15,749$347,300
8$12,884$15,189$334,416
9$13,469$14,604$320,947
10$14,081$13,993$306,867
11$14,720$13,353$292,147
12$15,388$12,685$276,758
13$16,087$11,986$260,671
14$16,817$11,256$243,854
15$17,581$10,492$226,273
16$18,379$9,694$207,894
17$19,214$8,860$188,680
18$20,086$7,987$168,594
19$20,998$7,075$147,596
20$21,951$6,122$125,644
21$22,948$5,125$102,696
22$23,990$4,083$78,706
23$25,079$2,994$53,627
24$26,218$1,855$27,408
25$27,408$665$0

At the end of your 5-year term

Total paid over the term
$140,367
Principal paid down
$51,696
Interest paid
$88,671
Balance remaining
$371,414

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$2,050/mo
$24,600Gross annual rent
2.4%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.

4.7%
Gross yield
− Property tax $2,458− Condo fees $6,030− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,806

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

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