38-901 Kennedy Rd
Ionview, Toronto, Ontario M1K 2E9
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $667at the range’s middle
- Tax a year
- $2,1642025 tax year
- Parking
- 11 carport
- Days on market
- Members
The brief
About 38-901 Kennedy Rd
38-901 Kennedy Rd is a 2-bedroom, 1-bathroom condo townhouse in Ionview, Toronto, listed for sale at an asking price of $499,900 (MLS® E14121740).
Rare Opportunity To Own This Beautifully Renovated Lower-Level Condo Townhouse At Unit 38, 901 Kennedy Road, In One Of Scarborough's Most Desirable Areas! Offering 798 Sq. Ft. Of Thoughtfully Designed Living Space, This Stunning 2-Bedroom, 1-Bathroom Home Has Been Renovated From Top To Bottom And Features An Open-Concept Layout, Durable Laminate Flooring Throughout, 9-Foot Ceilings, And POT Lights. The Modern Kitchen Boasts Sleek Quartz Countertops, A Backsplash, Refinished Cabinetry, And Stainless Steel Appliances. The Bright And Inviting Living Area Features Large Windows And Offers The Perfect Space To Relax Or Entertain. The Spacious Primary Bedroom Includes A Large Walk-In Closet, While The Second Bedroom Is Ideal For Guests, A Home Office, Or A Recreation Room. An Updated Bathroom, Convenient Ensuite Laundry, Owned Furnace, And A Private Terrace Add To The Home's Comfort And Appeal. Enjoy The Added Convenience Of One Parking Space And Two Separate Entrances. Ideally Located With A Bus Stop Right At The Entrance And Kennedy Station Approximately A 22-Minute Walk Away, This Home Is Also Just Steps From Jack Goodlad Park And Minutes From Schools, Grocery Stores, Shoppers Drug Mart, GoodLife Fitness, Restaurants, Cafés, And Other Everyday Amenities. A Perfect Blend Of Modern Style, Comfort, And Convenience-An Excellent Opportunity For First-Time Buyers, Downsizers, Or Investors Alike!
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$726/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 homes with 2 bedrooms for lease in Ionview right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,164 / 2025
- MLS® number
- E14121740
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Carport, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Community
- Ionview
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Ground
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Carport
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $465
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.6 × 3.9 m | Combined W/Dining, Open Concept | Ground |
| Dining | 3.6 × 3.9 m | Combined W/Living, Laminate | Ground |
| Kitchen | 2.7 × 2.6 m | Stainless Steel Appl | Ground |
| 2nd Br | 2.7 × 2.4 m | Laminate | Ground |
| Primary | 3.07 × 3.9 m | W/I Closet | Ground |
Listing history
Buy/sell history for 38-901 Kennedy Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,900 | N/A | For Sale | E14121740 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,980
- Total mortgage amount
- $399,920
- Total interest payment
- $284,380
- Total purchase cost
- $784,280
- Mortgage payment
- $2,281/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$2,926- Rent $2,200
- Shortfall $726
Rental income opens at $2,200, the median asking rent of 7 comparable homes for lease in Ionview. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,473
- Toronto municipal land transfer tax
- $6,473
- Total land transfer tax
- $12,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,900
- $1,998
- Ontario total
- $6,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (au80.0) (x455)By-law
569-2013Municipality
Toronto1 au80.0
Lot area: at least u80.0 m² per dwelling unit.
2 x455
Site-specific exception 455: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(455)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 1 open development application within 800 m of this home.
991 KENNEDY RDOfficial plan or zoning amendmentApplication Received
500 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Ionview Station | TTC light rail: Line 5 Eglinton | 1.1 km |
| Kennedy Station | TTC subway: Line 2 Bloor-DanforthTTC light rail: Line 5 EglintonGO Transit train: Stouffville | 1.2 km |
| Birchmount Station | TTC light rail: Line 5 Eglinton | 1.3 km |
| Golden Mile Station | TTC light rail: Line 5 Eglinton | 2 km |
| Hakimi Lebovic Station | TTC light rail: Line 5 Eglinton | 2.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Ionview Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 63%Grade 6 average |
| Lord Roberts Junior Public SchoolToronto DSB | Public · grades JK–6 | 600 m | 78%Grade 6 average |
| St Albert Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 850 m | 70%Grade 6 average |
| Académie Alexandre-DumasConseil scolaire Viamonde | French-language public · grades JK–6 | 2.6 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Winston Churchill Collegiate InstituteToronto DSB | Public · grades 9–12 | 950 m | 22%Grade 9 math |
| St Joan of Arc Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1 km | 53%Grade 9 math |
| David and Mary Thomson Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.7 km | 32%Grade 9 math |
| ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.5 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Ionview are shown to signed-in members.