PH11-3088 Kennedy Road, Toronto, ON

Steeles, Toronto · MLS® E14093390

$399,000
For Sale
Listed 1 day agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to Villa Elegance by Tridel.
  • This bright and spacious penthouse-level 2-bedroom, 2-bathroom condo offers breathtaking unobstructed views and includes 1 underground parking space and locker.
  • Designed for independent living and open to all ages, residents enjoy 24-hour emergency response services, accessible features, wellness programs, and optional...
  • 24-hour on-site Yee Hong PSW emergency response service.

Welcome to Villa Elegance by Tridel. This bright and spacious penthouse-level 2-bedroom, 2-bathroom condo offers breathtaking unobstructed views and includes 1 underground parking space and locker. Deed-owned condominium (not a life lease). Designed for independent living and open to all ages, residents enjoy 24-hour emergency response services, accessible features, wellness programs, and optional assisted living support. 24-hour on-site Yee Hong PSW emergency response service. In-suite emergency call button and washroom pull-cord system. Wheelchair-accessible building and suite. Shower grab bars and toilet safety rails. Excellent amenities include a library, exercise room, recreation room, dining room, car wash, and visitor parking. Conveniently located with TTC at the door, shopping, restaurants, and community centre just steps away. Some photos are virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14093390
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Kennedy/McNicoll
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,307/mo
Exposure
West
Property tax
$1,780 / 2026
Days on market
1
Listing brokerage
HOMELIFE GOLD PACIFIC REALTY INC.

Rooms

Primary BedroomFlat3.76 × 3.05 m

walk-in closet(s) · 3 pc bath · large window

KitchenFlat2.44 × 2.44 m

ceramic floor · b/i dishwasher · overlooks dining

Dining RoomFlat5.49 × 3.23 m

open concept · combined w/living

Living RoomFlat5.49 × 3.23 m

combined w/dining · west view · large window

Bedroom 2Flat3.14 × 2.90 m

large closet · west view · large window

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 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.

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.

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
$1,819/mo
$102KIncome needed
3.9×Price ÷ income
$420Weekly cost
$8,920Land 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.

56%mortgage
Mortgage $1,819Property tax $148Condo fee $1,307Total carry $3,274

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$3,220Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$148
Condo / maintenance fees
$1,307
Heating
$0
Estimated monthly cost
$3,220

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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$2,700/mo
$32,400Gross annual rent
2.7%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.

8.1%
Gross yield
− Property tax $1,780− Condo fees $15,684− Insurance $600− Vacancy & upkeep $3,564Net operating income $10,772

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

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