1961 Kennedy Road, Toronto, ON

$269,000
MLS#:E12795932
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Dorset Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $269,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Convenient plaza garage included
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Very Popular, Very Well Established Over 15 Years- EGGSMART Restaurant Franchise Located At A Very Very Busy Scarborough Neighborhood Near Kennedy Rd. / Hwy 401. Fully Renovated Restaurant, Amazing Corner Unit With A Highly Visible & Fantastic Street Front Presence At Busy Kennedy Rd. High Density Residential Buildings Right Across The Street, Walking Distance To Kennedy Commons, Huge Plaza With Metro, Asian Supermarket, LCBO, Brick, Banks, Restaurants & Lots More. Great Sales With A Large Existing Loyal Customer Base. Reasonable Rent, Long Lease, Turn Key & Easy To Manage Operation. Open Only 7am to 3pm Provides A Great 'Work & Life Balance'. ***ABSENTEE OWNER*** Huge Room For Growth For An Owner Operator & By Adding An LLBO Licence. A Perfect Opportunity For An Owner Operator & A Small Family Business.

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Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date2/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyToronto
Annual Tax$0

Parking & Garage

Garage TypePlaza

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Major Highway, Public Transit

Location

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1961 Kennedy Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1961 Kennedy Road 1, Toronto, ON M1P 5A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$13,450 (5.0%)
* Minimum Canadian down payment required for this price is $13,450.
Amortization Period25 Years
Estimated Monthly Payment$1,523Based on a loan of $255,550 over 25 years.
Purchase Price$269,000
Loan Amount$255,550
Provincial Land Transfer Tax:$2,510
Toronto Municipal Land Transfer Tax:$2,510
Total Estimated Closing Taxes:$5,020

About Purchasing a Home in Toronto, ON

For a property listed at $269,000 in Toronto, the legal minimum down payment is $13,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,510 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,510 also applies, bringing the total estimated land transfer taxes to $5,020.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dorset Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$728,908

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ellesmere-Statton
Public739 Ellesmere Road, Scarborough, Toronto, Ontario, M1P 2W1
6.6
St Lawrence
Public2216 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P9
6.8
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2
St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
Precious Blood
Public1035 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2G8
6.3

Secondary Schools

Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Wexford Collegiate-Arts
Public1176 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2H7
5.3
Agincourt
Public2621 Midland Avenue, Scarborough, Toronto, Ontario, M1S 1R6
8.4
Stephen Leacock
Public2450 Birchmount Road, Scarborough, Toronto, Ontario, M1T 2M5
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.