3088 Kennedy Road #715, Toronto E05

$353,000
3088 Kennedy Road #715

$353,000

New
15d
Condo ApartmentApartment

3088 Kennedy Road #715, Toronto E05

Total Monthly Obligation $2,673

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
15d
Score
19
Yield
7.6%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-E13884606
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,289.09 (2026)
Maintenance-$942.05/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Steeles
Title-Residential Condo & Other

No agent assigned

Villa Elegance was built by Tridel and tailored to seniors for peace of mind with 24 hours onsite medical emergency response from Yee Hong Centre For Geriatric Care. Residents enjoy weekday recreational activities and programmes. Location close to TTC, a newer existing large 24 hours open supermarket, the Pacific Mall, L'amoreaux Community Centre, Rona and trails. TTC just steps from Villa Elegance. Villa Elegance has Meals On Wheels services residents can order. Assisted Living Program is available for those high risk seniors who once gets approved by CCAC can enjoy free personal care services. Common elements include amenities such as Ground floor Library, Activities Rooms and 2nd floor TV Lounge, Exercise Room, handicap lift.P2 has car wash for Villa Elegance residents only. Unit freshly painted is in move-in condition, bright and clean with excellent practical layout. Flooring are new in July 2025:Dining/Living with laminated floor, bedroom has new broadloom. Unit has 1 underground parking spot. Kitchen faucet has water filter system. Weekly grocery shopping trip available for residents at reasonal fee charged by Yee Hong.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$282,400
Land Transfer Taxes$3,770
Legal Fees (Est.)
$
Total cash required for closing$75,870

Total Monthly Obligation

$2,673/mo
Mortgage $1,424
Monthly Loss $2,299
Principal$375
Interest$1,049
Property Tax$107
Condo Fees$942
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.9%22
10-Year IRR
9.3%
Returns Index
12.3/ 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
$26,796/yr
NOI
$9,123/yr
Net Cash Flow
-$664/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.4/ 100

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

Comparables

Properties near 3088 Kennedy Road #715

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.