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Listed 28 days ago

406 - 825 Kennedy Road N

Ionview, Toronto

$329,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Welcome to your new home at 825 Kennedy Road, Unit 406! Location, Location, Location! A very short stroll over to Kennedy Subway Station, Kennedy Go Station, and the New Eglinton LRT coming soon, connecting you to the whole city of Toronto! This beautifully renovated 2 bedroom home with an excellent layout is a perfect home for small families, first time home buyers, or investors. Maintenance fees cover most utilities. Yearly Property taxes are amazingly low! 1 Parking spot included. There is an option to rent a 2nd or 3rd parking spot for a low monthly fee if needed. Lots of storage space inside, additional locker rental available. Enjoy the convenience of nearby schools, shopping centers and a great community! VIP Rogers Cable and high speed internet is included.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,270
LockerEnsuite
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesReserved/Assigned
Property Tax$1,082
mls© NumberE13531066
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,684
Property tax
$90
Heat allowance
$150
Condo fees, half counted
$635
Housing costs
$2,559 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $65,800
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,384 / mo
Cash down
$65,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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