740 Kennedy Road 58B, Toronto E04

$629,900
740 Kennedy Road 58B

$629,900

New
9d
Att/Row/Townhouse2-Storey

740 Kennedy Road 58B, Toronto E04

Total Monthly Obligation $3,215

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
9d
Score
22
Yield
5.7%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Att/Row/Townhouse
MLS® Number-E14031152
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-16.92 × 59.79 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,591.01 (2026)
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-60 Days TBA
Neighbourhood-Ionview
Title-Residential Freehold

No agent assigned

Welcome to 740 Kennedy Road, Unit 58B - Where Style, Space & Convenience Come Together! Discover this beautifully updated and meticulously maintained home offering over 1,700 sq. ft. of total living space in the heart of Scarborough's highly convenient Kennedy and Eglinton neighbourhood! With the feel of a semi-detached home, attached on only one side, this bright and spacious 2+1 bedroom residence offers the perfect combination of comfort, privacy and modern living. Step inside to a sun-filled, open-concept main floor featuring a generous living room with hardwood flooring and pot lights, seamlessly flowing into a stunning renovated eat-in kitchen. Beautifully appointed with marble flooring, quartz countertops, stylish backsplash, stainless steel appliances, built-in microwave, dishwasher and breakfast bar, this inviting space is perfect for everyday living and entertaining. Sliding glass doors lead to your own private, south-facing backyard oasis, complete with a newer deck (2024) and low-maintenance outdoor space, ideal for summer gatherings or simply relaxing. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated 5-piece bathroom (2023). The finished lower level adds exceptional versatility with a spacious recreation room, additional bedroom featuring an above-grade window and double closet, plus a convenient 4-piece bathroom, perfect for guests, extended family or a home office. Thoughtfully updated from top to bottom, this move-in-ready, carpet-free home features upgraded light fixtures, smooth second-floor ceilings, some newer windows, roof (2019) and furnace (2026). Ideally situated in one of Scarborough's most accessible neighbourhoods, just steps to the Eglinton subway and Eglinton Crosstown LRT, with schools, shopping, parks, public transit and an abundance of everyday amenities nearby. A fantastic opportunity to enjoy spacious, stylish, low-maintenance living in an unbeatable location. Simply move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,215/mo
Mortgage $2,541
Monthly Loss $2,546
Principal$669
Interest$1,872
Property Tax$299
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$35,748/yr
NOI
$24,082/yr
Net Cash Flow
-$534/mo
Cash Margin
-17.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
27.1/ 100

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

Comparables

Properties near 740 Kennedy Road 58B

Time

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Data last updated within the past 24 hours.