855 Kennedy Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ionview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,999 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient surface configuration
- Notable attributes: Other
- Efficient baseboard heating via electric
Description
Concerned About These Uncertain Times? No Need To Look Further! A Real Gem - This Unit Provides A No Risk Investment Whether You're Looking For A Home To Live-In Or To Rental Investment. Where Else Could You Find Such A Spacious Condo, Conveniently Located At Such A Great Price? They Simply Don't Build Them Like This Anymore. Large Rooms Throughout Plus 140 Sq Ft Open Balcony. Unit Could Use Some Updating & Touch-Ups To Taste But Still In Move-In Condition. Conveniently Located Close To Kennedy Station, New LRT, Schools & Parks. Mere Steps To Shopping, Restaurants & All Amenities.
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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 855 Kennedy Road 304, Toronto E04, ON M1K 2E3
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 $399,999 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.
