$469,000

For sale

#806 855 Kennedy Road, Toronto (Ionview) - Single Family for Sale

#806 855 Kennedy Road, Toronto (Ionview), Ontario, M1K2E3

3 beds2 baths2 parking1,100 ft²$794/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Its $469,000 asking price sits right in line with the $449,000 median in Toronto. It has been on the market 13 days, fresher than the Toronto average of 81 days.

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Description

Welcome to 855 Kennedy Rd.- A move-in-ready 3-bedroom, 2-bathroom condominium offering a spacious, functional layout in a highly convenient, well-connected location. Freshly painted throughout, with new hardwood flooring and new carpet in the bedrooms, this well-maintained suite provides a clean, updated space ready for its next owner. Enjoy exceptional access to everyday amenities, public transit, schools, and subway connections, making commuting and daily errands effortless. With its desirable location, generous principal rooms, and turnkey condition, this condo presents an excellent opportunity for first-time buyers, families, investors, and down-sizers seeking low-maintenance urban living. (id:66096)

Property Details

MLS®: E14105802
Property Type: Single Family
Zoning: A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $794/mo
Fee Includes: Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,124/yr
Listed

Rooms

Main level

Living room: 3.39 x 6.29 meters
Dining room: 2.48 x 2.57 meters
Kitchen: 2.38 x 3.61 meters
Primary Bedroom: 4.18 x 2.89 meters
Bedroom 2: 2.91 x 3.29 meters
Bedroom 3: 3.18 x 3.56 meters
Foyer: 0.71 x 1.75 meters

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

Features

Appliances: Refrigerator, Stove, Window Coverings, Water Heater
Flooring: Hardwood
Exterior: Brick
Lot Features: Flat site, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Toronto (Ionview) listings, avg age

81d

Price / ft²

$427

List price

$469K

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 3-bed single family in Toronto (Ionview) has been listed for 13 days, which is 68 days fresher than the city average of 81. Act while there is still low competition.

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Listed by Re/Max All-Stars Realty Inc. · Tina Doyle

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1K)

This home lists at $469,000, about 6.5× the local median household income of $72,500.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $72,500
Population: 48,175
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1K)

$469,000· $427/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$94/mo

Condo fee$794/mo

Total monthly$3,358

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$11,710

Est. closing costs$3,907

Total cash needed$39,067

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