$395,000

$405,000For salePrice drop↓ $10,000 (2%)

##611 3088 Kennedy Road, Toronto (Steeles) - Single Family for Sale

##611 3088 Kennedy Road, Toronto (Steeles), Ontario, M1V5M4

2 beds2 baths1 parking850 ft²$1,299/mo condo feeListed 50 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $395,000, it is attractively priced about 12% below the $450,000 median asking price in Toronto.

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Description

Welcome to Tridel Built Villa Elegance Tailored for Senior+Family Members. Rarely Offered For Senior To Retain a Real Esate Asset & Leave a Legacy for Family. **With Deed- NOT A Life Lease Condo** Split 2 Bedrooms. Thoughful Accessibility Features Including Shower Grab Bar, Toilet Safety Rail & Emergency Call Button. 24 Hours Emergency Response Service, Wellness & Receration Program. Library, Weekly Grocery Transportation, Monthly Blood Pressure Monitoring, Meals On Wheels, Medical Reminder. Many Activities Programs by Yee Hong. Wireless Emergency Call Button In the Unit. TTC at Door. Close to 24 Hours Asian Supermarket, Walking Distance to Restaurant & L'Amoreaux Community Centre. (id:66096)

Property Details

MLS®: E13788752
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,299/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,675/yr
Listed: 50 days ago

Rooms

Flat

Living room: 5.36 x 3.11 meters
Dining room: 3.11 x 5.36 meters
Kitchen: 2.51 x 2.31 meters
Primary Bedroom: 5.36 x 3.12 meters
Bedroom 2: 3.11 x 2.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Steeles) listings, avg age

40d

Price / ft²

$465

List price

$395K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Steeles) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · FANNY L.F. LAU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1V)

This home lists at $395,000, about 4.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$395,000· $465/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$140/mo

Condo fee$1,299/mo

Total monthly$3,519

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$8,800

Est. closing costs$3,685

Total cash needed$32,235

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