3088 Kennedy Road Unit 611, Toronto E05

Price: $428,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E12957010

Quality Tridel Built Condo Tailored For Senior + Family Member " With DEED & Not Life Leased ", Spacious Bright Split 2 bedrooms unit, with 2 Bathrooms Fantastic Opportunity to Live in Comfortablely and Independently In a Safe , Supportive and Well-Managed Community Building Offers 24 Hours Medical Emergency Response and Personal Support Workers On Site *Monthly Vital Check* Recreational Classes and Many Activity Programs by Yee Hong. Weekly Transportation to Groceries Shopping, Meals On Wheel, Handicap Access, Wireless Emergency Call Button Inside the Washroom, Conveniently Located across from New Plaza with Restaurant, Close to 24 Hrs Chinese Supermarket Restaurants & Pacific Mall, L'amoreaux Community Center, 24Hrs TTC at Door. Photos are AI generated.

3088 Kennedy Road Unit 611 - Condo photo 1 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 2 of 15 in Scarborough Village / Eglinton East, Ontario
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3088 Kennedy Road Unit 611 - Condo photo 4 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 5 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 6 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 7 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 8 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 9 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 10 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 11 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 12 of 15 in Scarborough Village / Eglinton East, Ontario
3088 Kennedy Road Unit 611 - Condo photo 13 of 15 in Scarborough Village / Eglinton East, Ontario
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$428,000 - 3088 Kennedy Road Unit 611, Scarborough Village

Condo for Sale in Scarborough Village

73 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E12957010
Property Type
Condo
Status
active
Days on Site
73
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Quality Tridel Built Condo Tailored For Senior + Family Member " With DEED & Not Life Leased ", Spacious Bright Split 2 bedrooms unit, with 2 Bathrooms Fantastic Opportunity to Live in Comfortablely and Independently In a Safe , Supportive and Well-Managed Community Building Offers 24 Hours Medical Emergency Response and Personal Support Workers On Site *Monthly Vital Check* Recreational Classes and Many Activity Programs by Yee Hong. Weekly Transportation to Groceries Shopping, Meals On Wheel, Handicap Access, Wireless Emergency Call Button Inside the Washroom, Conveniently Located across from New Plaza with Restaurant, Close to 24 Hrs Chinese Supermarket Restaurants & Pacific Mall, L'amoreaux Community Center, 24Hrs TTC at Door. Photos are AI generated.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,195.86/mo

Includes CMHC insurance ($11,941)

$
$
5%10%50%

5-yr fixed avg.

Principal: $385,200Interest: $261,617
Mortgage Amount$397,141
Total Interest$261,617
Est. Property Tax$303/mo
Total Cost$658,759

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Scarborough Village / Eglinton East

Discover Scarborough Village / Eglinton East

Scarborough Village / Eglinton East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Scarborough Village / Eglinton East

  • Convenient location in Scarborough Village / Eglinton East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Scarborough Village / Eglinton East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3088 Kennedy Road Unit 611, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$303
Insurance (est.)-$89
Net Cash Flow+$1,288

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $535/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 73 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    3088 Kennedy Road Unit 611, Sca… — $428,000 | Battaglia Team