3101 Kennedy Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Milliken. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $819,000 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 outside/surface garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Opportunity to own Brand-new construction at Gourmet City in Scarborough.A strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering direct access from Kennedy Rd and Milliken. ,Brand-new 20-foot ceilings unit with mezzanine in raw condition, allowing for full customization and surrounded by high foot and vehicle traffic. its an ideal space for a wide range of permitted uses, this space is perfect for ventures that cater to the area's multicultural community. Just minutes from Highways 404 and 407, it also provides excellent connectivity. The unit is now fully completed and ready for immediate occupancy. Dont miss out on this rare chance to secure a commercial space in a high-growth, high-demand area!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3101 Kennedy Road A12, Toronto E07, ON M1V 4Y1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $819,000 in Toronto, the legal minimum down payment is $56,900 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 $12,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,855 also applies, bringing the total estimated land transfer taxes to $25,710.
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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.
