3088 Kennedy Road Unit 712, Toronto E05

Price: $399,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13141432

Welcome To This Bright & Spacious Split 2-Bedroom Suite In A Well-Managed Tridel-Built Condominium Community Offering Independent Living With Exceptional Comfort, Convenience & Peace Of Mind. This Rarely Offered, Original Owner Unit Has Been Meticulously Maintained And Features Brand New Low-Maintenance Flooring Throughout, Fresh Paint, And Brand New Stainless Steel Kitchen Appliances Including Fridge, Stove & Dishwasher. Truly Move-In Ready!Enjoy Spectacular Unobstructed Views, A Functional Open-Concept Layout, And Generous Principal Rooms Filled With Natural Light. The Primary Bedroom Includes Accessibility Features Such As A Grab Bar In The Shower And Toilet Safety Rail For Added Comfort & Convenience. Includes One Indoor Parking Space.Designed With Senior Living In Mind Yet Open To Residents Of All Ages. Residents Enjoy 24-Hour Emergency Response Services, Wellness & Recreation Programs, Library Access, Weekly Transportation To Grocery Shopping, Monthly Blood Pressure Monitoring, Flu/Covid Vaccination Clinics, And Optional Fee-For-Service Support Including Meals-On-Wheels, Medication Reminder Feature and Daily Recreational Programs.Excellent Location With 24-Hour TTC At Your Doorstep Offering Direct Transit Access To Kennedy & Finch Subway Station. Walking Distance To L'Amoreaux Community Centre, Close To Pacific Mall, Restaurants, Medical Services, Shopping & A 24-Hour Chinese Supermarket. Plaza & Dining Centre Across The Street. Ideal For Seniors, Downsizers, Or Families Seeking A Safe, Supportive & Community-Oriented Lifestyle With Independence And Convenience.

3088 Kennedy Road Unit 712 - Condo photo 1 of 22 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$399,000 - 3088 Kennedy Road Unit 712, Scarborough Village

Condo for Sale in Scarborough Village

New — Listed 6 days ago
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13141432
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
EXP REALTY
Description

Welcome To This Bright & Spacious Split 2-Bedroom Suite In A Well-Managed Tridel-Built Condominium Community Offering Independent Living With Exceptional Comfort, Convenience & Peace Of Mind. This Rarely Offered, Original Owner Unit Has Been Meticulously Maintained And Features Brand New Low-Maintenance Flooring Throughout, Fresh Paint, And Brand New Stainless Steel Kitchen Appliances Including Fridge, Stove & Dishwasher. Truly Move-In Ready!Enjoy Spectacular Unobstructed Views, A Functional Open-Concept Layout, And Generous Principal Rooms Filled With Natural Light. The Primary Bedroom Includes Accessibility Features Such As A Grab Bar In The Shower And Toilet Safety Rail For Added Comfort & Convenience. Includes One Indoor Parking Space.Designed With Senior Living In Mind Yet Open To Residents Of All Ages. Residents Enjoy 24-Hour Emergency Response Services, Wellness & Recreation Programs, Library Access, Weekly Transportation To Grocery Shopping, Monthly Blood Pressure Monitoring, Flu/Covid Vaccination Clinics, And Optional Fee-For-Service Support Including Meals-On-Wheels, Medication Reminder Feature and Daily Recreational Programs.Excellent Location With 24-Hour TTC At Your Doorstep Offering Direct Transit Access To Kennedy & Finch Subway Station. Walking Distance To L'Amoreaux Community Centre, Close To Pacific Mall, Restaurants, Medical Services, Shopping & A 24-Hour Chinese Supermarket. Plaza & Dining Centre Across The Street. Ideal For Seniors, Downsizers, Or Families Seeking A Safe, Supportive & Community-Oriented Lifestyle With Independence And Convenience.

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Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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 712, 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)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,314

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 $499/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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