
Welcome to this remarkable vacant land located in the coveted neighborhood of Clairlea-Birchmount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
Exceptional opportunity for builders, developers and land investors to acquire a rare 3-property land assembly in a highly connected Scarborough location. Offering approximately 0.65 acres with 66.5 ft of frontage on Kennedy Rd and an impressive depth of approximately 349.7 ft, this unique site presents substantial potential for future development. Ideally positioned within walking distance of Scarborough GO Station and directly across from the future Scarborough Junction development site, placing the property within an evolving transit-oriented neighbourhood. Gas, hydro, sewer, cable and telephone services are available. Property assembly includes 372 Kennedy Rd, 374 Kennedy Rd and 0 Danforth Rd. Survey and feasibility study available. A rare opportunity to secure a substantial land holding in an established Toronto neighbourhood with significant future growth potential.
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This vacant land located at 372-374 Kennedy Road, Toronto is currently for sale and has been available on SousaSells for 13 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 372-374 Kennedy Road, Toronto is in the Clairlea-Birchmount neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Clairlea-Birchmount, Toronto.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 372-374 Kennedy Road, Toronto, ON in Clairlea-Birchmount, Toronto is $1.
This property features 0 bedrooms and 0 bathrooms across approximately < 700 sqft.
372-374 Kennedy Road, Toronto, ON is a Vacant Land () featuring a basement.
Interior highlights include: None.
Heating is provided via standard central heat and cooling via .
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 372-374 Kennedy Road, Toronto, ON M1K 2A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 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.