3088 Kennedy Road 515, Toronto E05

$359,000
3088 Kennedy Road 515

$359,000

New
23d
Condo ApartmentApartment

3088 Kennedy Road 515, Toronto E05

Total Monthly Obligation $2,706

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
19
Yield
7.7%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-E13849554
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,289.09 (2026)
Maintenance-$950.37/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/ 60/TBA
Neighbourhood-Steeles
Title-Residential Condo & Other

No agent assigned

Building was constructed by Tridel in 2000, Villa Elegance Designed layout suitable for Senior. All owners have their unit title, Deed Ownership--not a life lease. There are no age restrictions for ownership or residency, it is open for all cultures, everyone is welcome. This spacious sun-filled 1 bedroom with one parking and one locker has a generous size and layout, worry free living in this well-maintained residence. YEE HONG is contracted to provide 24 hrs. on-site attendance. This provides peace of mind to all residents and their family. The maintenance fee is relatively higher than other condo due to the added service by YEE HONG. Conveniently located near shopping, supermarket, plaza, restaurants, parks, Community Centre. TTC. One Bus to Kennedy Subway & Finch Subway. Ideal for seniors seeking Independent living with added comfort and support. Additional Service with Fee such as Homemaking meals, Meals-on Wheels and residents can enjoy activity programs. Amenities include Library, Lounge and Exercise Room. Unit is in very good condition. Don't miss this opportunity, try your offer today.

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$
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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$287,200
Land Transfer Taxes$3,860
Legal Fees (Est.)
$
Total cash required for closing$77,160

Total Monthly Obligation

$2,706/mo
Mortgage $1,448
Monthly Loss $2,325
Principal$381
Interest$1,067
Property Tax$107
Condo Fees$950
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.5%26
10-Year IRR
9.8%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,768/yr
NOI
$9,898/yr
Net Cash Flow
-$623/mo
Cash Margin
-26.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
28.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3088 Kennedy Road 515

Time

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Data last updated within the past 24 hours.