PH10-3088 Kennedy Road, Toronto, ON

Steeles, Toronto · MLS® E13874270

$408,888
For Sale
Listed 12 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Retirement Condo A rare opportunity to own both a corner unit as well as a penthouse suite.
  • Purposefully built to accommodate accessibility needs of the elderly, this building comes with 24/7 staff responding to medical emergencies and providing health...

**Retirement Condo** A rare opportunity to own both a corner unit as well as a penthouse suite. This spacious yet cozy retirement pad opens the door to a balance of freedom, support and social life in your golden years. Purposefully built to accommodate accessibility needs of the elderly, this building comes with 24/7 staff responding to medical emergencies and providing health monitoring. Welcoming to both independent retirees or those who choose to share the space with family members, this building has no shortage of social and recreational activities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13874270
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Kennedy Rd & McNicoll Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Maintenance
$1,402/mo
Exposure
West
Property tax
$1,863 / 2025
Days on market
12
Listing brokerage
REALTY ONE GROUP REVEAL

Rooms

Living RoomFlat5.50 × 3.30 m
BathroomFlat2.30 × 1.70 m
Bedroom 2Flat3.70 × 2.70 m
BedroomFlat5.55 × 3.10 m
KitchenFlat2.90 × 1.35 m
BathroomFlat1.60 × 1.45 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 Silver Springs 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 · asking prices
$449kavg 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 $442/sqft; this home lists at $431/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
409kThis home399k515k475k408k449kThis home vs active comparables

Neighbourhood & location

Steeles, 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
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K

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 Silver Springs Public School
64%
Silver Springs Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Mary Ward Catholic Secondary School · Catholic secondary0.3 km · 78% at standard
St Sylvester Catholic School · Catholic elementary0.6 km · 94% at standard
Kennedy Public School · Public elementary1.0 km · 80% at standard
Milliken Public School · Public elementary1.2 km · 78% at standard
David Lewis Public School · Public elementary1.3 km · 86% at standard
Alexmuir Junior Public School · Public elementary1.3 km · 74% at standard
St Marguerite Bourgeoys Catholic Catholic School · Catholic elementary1.3 km
Dr Norman Bethune Collegiate Institute · Public secondary1.4 km · 81% at standard
St Rene Goupil Catholic School · Catholic elementary1.5 km
Terry Fox Public School · Public elementary1.5 km · 80% at standard
Brookmill Boulevard Junior Public School · Public elementary1.5 km · 82% at standard
St Aidan Catholic School · Catholic elementary1.6 km · 72% at standard

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

Affordability & Mortgage

Affordability
$1,864/mo
$106KIncome needed
3.9×Price ÷ income
$430Weekly cost
$9,306Land 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.

54%mortgage
Mortgage $1,864Property tax $155Condo fee $1,402Total carry $3,420

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)
$1,809per month

Mortgage amount $327,110 · 4.49% over 25 years

$81,778Down payment (20.0%)
$327,110Loan before insurance
$0CMHC premium
$3,366Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,809
Property tax
$155
Condo / maintenance fees
$1,402
Heating
$0
Estimated monthly cost
$3,366

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

One-time closing costs

Ontario land transfer tax
$4,653
Toronto municipal land transfer tax
$4,653
Estimated closing costs
$9,306

Plus your down payment of $81,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,189/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

$215,484Total interest paid
$542,595Total of all payments
Principal $327,110 Interest $215,484
YearPrincipalInterestBalance
1$7,300$14,404$319,811
2$7,631$14,073$312,180
3$7,978$13,726$304,202
4$8,340$13,364$295,862
5$8,719$12,985$287,144
6$9,114$12,589$278,029
7$9,528$12,176$268,501
8$9,961$11,743$258,540
9$10,413$11,291$248,127
10$10,886$10,818$237,241
11$11,380$10,324$225,861
12$11,897$9,807$213,964
13$12,437$9,267$201,527
14$13,002$8,702$188,526
15$13,592$8,112$174,934
16$14,209$7,495$160,724
17$14,854$6,849$145,870
18$15,529$6,175$130,341
19$16,234$5,470$114,108
20$16,971$4,733$97,137
21$17,741$3,962$79,395
22$18,547$3,157$60,848
23$19,389$2,315$41,459
24$20,269$1,434$21,190
25$21,190$514$0

At the end of your 5-year term

Total paid over the term
$108,519
Principal paid down
$39,967
Interest paid
$68,552
Balance remaining
$287,144

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$3,050/mo
$36,600Gross annual rent
3.3%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.

9.0%
Gross yield
− Property tax $1,863− Condo fees $16,820− Insurance $600− Vacancy & upkeep $4,026Net operating income $13,291

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

CallRequest a showing