#715-3088 Kennedy Road, Toronto, ON

Steeles, Toronto · MLS® E13884606

$353,000
For Sale
Listed 9 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Villa Elegance was built by Tridel and tailored to seniors for peace of mind with 24 hours onsite medical emergency response from Yee Hong Centre For Geriatric Care.
  • Location close to TTC, a newer existing large 24 hours open supermarket, the Pacific Mall, L'amoreaux Community Centre, Rona and trails.
  • Common elements include amenities such as Ground floor Library, Activities Rooms and 2nd floor TV Lounge, Exercise Room, handicap lift.
  • P2 has car wash for Villa Elegance residents only.
  • Flooring are new in July 2025:Dining/Living with laminated floor, bedroom has new broadloom.

Villa Elegance was built by Tridel and tailored to seniors for peace of mind with 24 hours onsite medical emergency response from Yee Hong Centre For Geriatric Care. Residents enjoy weekday recreational activities and programmes. Location close to TTC, a newer existing large 24 hours open supermarket, the Pacific Mall, L'amoreaux Community Centre, Rona and trails. TTC just steps from Villa Elegance. Villa Elegance has Meals On Wheels services residents can order. Assisted Living Program is available for those high risk seniors who once gets approved by CCAC can enjoy free personal care services. Common elements include amenities such as Ground floor Library, Activities Rooms and 2nd floor TV Lounge, Exercise Room, handicap lift.P2 has car wash for Villa Elegance residents only. Unit freshly painted is in move-in condition, bright and clean with excellent practical layout. Flooring are new in July 2025:Dining/Living with laminated floor, bedroom has new broadloom. Unit has 1 underground parking spot. Kitchen faucet has water filter system. Weekly grocery shopping trip available for residents at reasonal fee charged by Yee Hong.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13884606
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Kennedy & McNicoll
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$942/mo
Exposure
West
Property tax
$1,289 / 2026
Days on market
9
Listing brokerage
KW Living Realty

Rooms

Dining RoomFlat5.34 × 3.18 m

combined w/living · open concept · laminate

Living RoomFlat5.34 × 3.18 m

combined w/dining · open concept · laminate

KitchenFlat2.20 × 2.25 m

ceramic floor · backsplash · combined w/dining

Primary BedroomFlat3.70 × 2.90 m

closet · broadloom

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
$387kavg asking

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

Per square foot, these ask about $407/sqft; this home lists at $543/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
353kThis home350k408k299k399k479kThis 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
$1,609/mo
$86KIncome needed
4.1×Price ÷ income
$371Weekly cost
$7,540Land 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.

61%mortgage
Mortgage $1,609Property tax $107Condo fee $942Total carry $2,658

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)
$1,561per month

Mortgage amount $282,400 · 4.49% over 25 years

$70,600Down payment (20.0%)
$282,400Loan before insurance
$0CMHC premium
$2,611Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,561
Property tax
$107
Condo / maintenance fees
$942
Heating
$0
Estimated monthly cost
$2,611

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

One-time closing costs

Ontario land transfer tax
$3,770
Toronto municipal land transfer tax
$3,770
Estimated closing costs
$7,540

Plus your down payment of $70,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,890/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

$186,031Total interest paid
$468,431Total of all payments
Principal $282,400 Interest $186,031
YearPrincipalInterestBalance
1$6,302$12,435$276,098
2$6,588$12,149$269,510
3$6,887$11,850$262,623
4$7,200$11,537$255,423
5$7,527$11,210$247,896
6$7,869$10,869$240,027
7$8,226$10,511$231,801
8$8,599$10,138$223,202
9$8,990$9,747$214,212
10$9,398$9,339$204,814
11$9,825$8,913$194,990
12$10,271$8,467$184,719
13$10,737$8,000$173,982
14$11,225$7,513$162,757
15$11,734$7,003$151,023
16$12,267$6,470$138,756
17$12,824$5,913$125,932
18$13,406$5,331$112,526
19$14,015$4,722$98,511
20$14,651$4,086$83,860
21$15,316$3,421$68,543
22$16,012$2,725$52,531
23$16,739$1,998$35,792
24$17,499$1,238$18,293
25$18,293$444$0

At the end of your 5-year term

Total paid over the term
$93,686
Principal paid down
$34,504
Interest paid
$59,182
Balance remaining
$247,896

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
2.5%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.

7.0%
Gross yield
− Property tax $1,289− Condo fees $11,305− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,700

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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