855 Kennedy Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Ionview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient other configuration
- Notable attributes: Carpet Free
- Efficient baseboard heating via electric
Description
Welcome to this bright and generously proportioned 2-bedroom suite in a well-managed Scarborough building. Offering an impressive layout with approximately 1,000+ sq. ft. of comfortable living space, this home is perfect for those seeking both functionality and style.The two oversized bedrooms are designed for ultimate comfort, each featuring large windows and ample closet space, ensuring storage is never an issue. The open living and dining areas flow seamlessly, creating an inviting space for entertaining or relaxing. Enjoy a well-appointed, updated kitchen for those who love to cook, as well as additional closets throughout the suite for exceptional organizational space throughout. This home also includes a dedicated garage parking space. Conveniently located near TTC transit, shopping, schools, and parks, this property offers outstanding value for its large size and location. A fantastic opportunity for first-time buyers, down-sizers, or investors looking for a spacious home in the city.
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Interior Features
Carpet Free
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 855 Kennedy Road 705, 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 $450,000 in Toronto, the legal minimum down payment is $22,500 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 $5,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,475 also applies, bringing the total estimated land transfer taxes to $10,950.
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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.
