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New4 hours ago

406 - 895 Kennedy Road

Ionview, Toronto

$379,900

Condo Apartment |
2 | 3 | 1 | 1
About this home

Welcome to this spacious 2-bedroom, 2-bathroom condo in the heart of Scarborough! Offering approx. 838 sq. ft. of well-designed living space, this bright and functional suite features a comfortable layout ideal for first-time buyers, downsizers, or investors. Enjoy a convenient location near Kennedy Road & Lawrence Avenue, with easy access to TTC/public transit, shopping, restaurants, grocery stores, schools, parks, & major highways. The generous living & dining areas provide plenty of space for everyday living & entertaining, with walk out Balcony & Ensuite Laundry Situated in an established and highly accessible Scarborough neighbourhood, this condo offers an excellent combination of space, location, and value. A fantastic opportunity to own a Beautiful 2-bedroom suite in a convenient GTA location! 1 Car Garage Parking and Locker is Included.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$707
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeSurface
Parking Spaces1
Parking FeaturesNone
Property Tax$1,228
mls© NumberE13766148
Listed ByRE/MAX ROUGE RIVER REALTY LTD.
Heat Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,945
Property tax
$102
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$2,550 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $75,980
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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