515-2033 Kennedy Road, Toronto, ON

Agincourt South-Malvern West, Toronto · MLS® E14029652

$536,999
For Sale
Listed 4 days agoNo offer date stated

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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Bright and spacious 1-bedroom + den in the desirable K Square Condos, ideally located near Kennedy Road and Highway 401 in Scarborough.
  • Featuring 9-foot ceilings and plenty of natural sunlight, this unit boasts a functional open-concept layout with laminate flooring throughout.
  • The unit also includes 2 full bathrooms, 1 parking space, and ensuite laundry.

Bright and spacious 1-bedroom + den in the desirable K Square Condos, ideally located near Kennedy Road and Highway 401 in Scarborough. Featuring 9-foot ceilings and plenty of natural sunlight, this unit boasts a functional open-concept layout with laminate flooring throughout. The contemporary kitchen features quartz countertops and built-in stainless-steel appliances. The spacious den offers added flexibility as a home office, study area, or additional sleeping space. Enjoy the large open balcony with unobstructed views. The unit also includes 2 full bathrooms, 1 parking space, and ensuite laundry. Residents can enjoy fantastic building amenities, including a fitness centre, party room, concierge, security system, and visitor parking. Conveniently located near Agincourt GO Station, Kennedy Station, major highways, parks, schools, shopping, and Kennedy Commons, this condo offers excellent connectivity and easy access to everyday essentials.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14029652
Bedrooms
1+1 (2 total)
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
Maintenance
$530/mo
Exposure
North
Property tax
$2,458 / 2025
Days on market
4
Listing brokerage
RE/MAX ACE REALTY INC.

Rooms

KitchenFlat3.10 × 3.00 m

Laminate

Primary BedroomFlat3.87 × 2.84 m

Laminate

Living RoomFlat3.00 × 3.70 m

Laminate

DenFlat1.80 × 2.30 m

Laminate

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 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.

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.

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
$2,447/mo
$113KIncome needed
4.7×Price ÷ income
$565Weekly cost
$14,430Land 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 $2,447Property tax $205Condo fee $530Total carry $3,182

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,375per month

Mortgage amount $429,599 · 4.49% over 25 years

$107,400Down payment (20.0%)
$429,599Loan before insurance
$0CMHC premium
$3,110Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,375
Property tax
$205
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$3,110

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

One-time closing costs

Ontario land transfer tax
$7,215
Toronto municipal land transfer tax
$7,215
Estimated closing costs
$14,430

Plus your down payment of $107,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,875/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

$282,999Total interest paid
$712,598Total of all payments
Principal $429,599 Interest $282,999
YearPrincipalInterestBalance
1$9,587$18,917$420,012
2$10,022$18,482$409,990
3$10,477$18,027$399,513
4$10,953$17,551$388,560
5$11,450$17,054$377,110
6$11,970$16,534$365,140
7$12,514$15,990$352,627
8$13,082$15,422$339,545
9$13,676$14,828$325,869
10$14,297$14,207$311,573
11$14,946$13,558$296,627
12$15,624$12,880$281,003
13$16,334$12,170$264,669
14$17,075$11,429$247,594
15$17,851$10,653$229,743
16$18,661$9,843$211,082
17$19,508$8,996$191,573
18$20,394$8,110$171,179
19$21,320$7,184$149,859
20$22,288$6,216$127,571
21$23,300$5,204$104,271
22$24,358$4,146$79,913
23$25,464$3,040$54,449
24$26,620$1,884$27,829
25$27,829$675$0

At the end of your 5-year term

Total paid over the term
$142,520
Principal paid down
$52,489
Interest paid
$90,031
Balance remaining
$377,110

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
2.3%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.

4.6%
Gross yield
− Property tax $2,458− Condo fees $6,356− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,480

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

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