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 $37 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 no central cooling and highly efficient electric forced air heating
Description
Prime commercial unit at Gourmet City Plaza, located at the southeast corner of Kennedy Rd and McNicoll Ave. Unit A7 offers excellent street exposure directly on Kennedy Rd. Approx. 1,027 sq ft total, including 735 sq ft on the main floor plus a 292 sq ft mezzanine, with approx. 20 ft ceiling height. Delivered in shell condition; existing equipment to be removed. Over 30 permitted uses including retail, office, day nursery, personal services, financial services, courier, computer services, catering/food prep, and more. Take-out food uses only (e.g., bubble tea, pizza); no dine-in restaurants. TMI and utilities additional. Estimated taxes approx. $1,485/month; maintenance & insurance $395.44/month including HST.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3101 Kennedy Road A7, Toronto E07, ON M1V 5P4
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 $37 in Toronto, the legal minimum down payment is $2 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.
