206-825 Kennedy Road, Toronto, ON

Ionview, Toronto · MLS® E13844798

$320,000
For Sale
Listed 18 days agoNo offer date stated

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2Bedrooms
1Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Renovated, move in ready and offering exceptional value.
  • Ideally located just steps from Kennedy Station, Kennedy GO and the brand new Eglinton Crosstown LRT, this beautifully updated 2 bedroom suite combines modern...
  • Includes 1 owned underground parking spot.
  • A fantastic opportunity to own a renovated unit in a well connected location.

Renovated, move in ready and offering exceptional value! Ideally located just steps from Kennedy Station, Kennedy GO and the brand new Eglinton Crosstown LRT, this beautifully updated 2 bedroom suite combines modern finishes with a highly functional layout. Perfect for first time home buyers, small families or investors, the unit is ready to enjoy with nothing left to do. Maintenance fees include Internet, Cable and Water for added convenience and carefree living. Includes 1 owned underground parking spot. A fantastic opportunity to own a renovated unit in a well connected location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13844798
Bedrooms
2
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Kennedy & Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick
Maintenance
$1,270/mo
Exposure
North East
Property tax
$1,082 / 2026
Days on market
18
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomFlat6.25 × 3.03 m

Combined w/Dining

Primary BedroomFlat3.40 × 3.73 m
KitchenFlat2.38 × 3.02 m
Bedroom 2Flat2.78 × 3.73 m
Dining RoomFlat3.68 × 3.14 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 Lord Roberts Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Ionview, 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 Lord Roberts Junior Public School
69%
Lord Roberts Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard
Charles Gordon Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Ionview Public School · Public elementary0.5 km · 64% at standard
St Maria Goretti Catholic School · Catholic elementary0.6 km · 56% at standard
St Joan of Arc Catholic Academy · Catholic secondary0.8 km · 61% at standard
Corvette Junior Public School · Public elementary1.1 km · 60% at standard
Glen Ravine Junior Public School · Public elementary1.2 km · 62% at standard
Scarborough Centre for Alternative Studi · Public secondary1.3 km
Caring and Safe School 3 · Public secondary1.3 km
South East Secondary Alternative School · Public secondary1.3 km
Hunter's Glen Junior Public School · Public elementary1.3 km · 66% at standard
Walter Perry Junior Public School · Public elementary1.4 km · 66% at standard
General Crerar Public School · Public elementary1.4 km · 57% at standard
Robert Service Senior Public School · Public elementary1.6 km

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

Affordability & Mortgage

Affordability
$1,458/mo
$86KIncome needed
3.7×Price ÷ income
$337Weekly cost
$6,550Land 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.

52%mortgage
Mortgage $1,458Property tax $90Condo fee $1,270Total carry $2,818

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)
$1,415per month

Mortgage amount $256,000 · 4.49% over 25 years

$64,000Down payment (20.0%)
$256,000Loan before insurance
$0CMHC premium
$2,776Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,415
Property tax
$90
Condo / maintenance fees
$1,270
Heating
$0
Estimated monthly cost
$2,776

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

One-time closing costs

Ontario land transfer tax
$3,275
Toronto municipal land transfer tax
$3,275
Estimated closing costs
$6,550

Plus your down payment of $64,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,713/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

$168,640Total interest paid
$424,640Total of all payments
Principal $256,000 Interest $168,640
YearPrincipalInterestBalance
1$5,713$11,273$250,287
2$5,972$11,013$244,315
3$6,243$10,742$238,072
4$6,527$10,459$231,545
5$6,823$10,162$224,722
6$7,133$9,853$217,589
7$7,457$9,529$210,132
8$7,795$9,190$202,336
9$8,149$8,836$194,187
10$8,519$8,466$185,667
11$8,906$8,079$176,761
12$9,311$7,675$167,451
13$9,733$7,252$157,717
14$10,175$6,810$147,542
15$10,637$6,348$136,905
16$11,120$5,865$125,785
17$11,625$5,360$114,159
18$12,153$4,833$102,007
19$12,705$4,281$89,302
20$13,282$3,704$76,020
21$13,885$3,101$62,136
22$14,515$2,471$47,620
23$15,174$1,812$32,446
24$15,863$1,123$16,583
25$16,583$402$0

At the end of your 5-year term

Total paid over the term
$84,928
Principal paid down
$31,278
Interest paid
$53,650
Balance remaining
$224,722

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$3,400/mo
$40,800Gross annual rent
6.1%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.

12.8%
Gross yield
− Property tax $1,082− Condo fees $15,234− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,396

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

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