3088 Kennedy Road 911, Toronto E05

$385,000
3088 Kennedy Road 911

$385,000

New
8d
Condo ApartmentApartment

3088 Kennedy Road 911, Toronto E05

Total Monthly Obligation $3,189

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
16
Yield
7.4%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-E14080058
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,643.91 (2025)
Maintenance-$1,298.69/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-TRADEWORLD REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate/Flexible
Neighbourhood-Steeles
Title-Residential Condo & Other

No agent assigned

* Welcome To Villa Elegance, Built By Tridel - A Bright, Spacious, Well Maintained 2 Bedroom, 2 Bathroom Condo On A High Floor, Open, Unobstructed View And 1 Underground Parking Space Included ** DEED-OWNED CONDO - NOT A LIFE LEASE ! ** Designed For Senior Independent Living, Yet Open To Residents Of All Ages * Enjoy Peace Of Mind With: 24 Hour Onsite Yee Hong PSW Emergency Response Service, In-Suite Emergency Call Button & Washroom Pull Cord, Wheelchair Accessibility, Shower Grab Bar & Toilet Safety Rail * Enjoy An Active And Connected Lifestyle With Many Yee Hong Daily Wellness & Recreational Programs To Stay Social And Engaged (Fall Prevention Exercise, Tai Chi, Karaoke, Bingo, Blood Pressure Measuring) * Assisted Living Services For High Risk Seniors (Personal Care, Homemaking, Security Checks And Reassurance Services 24/7) Funded Through Home And Community Care Support Services Central East For Eligible Seniors Under Ontario Ministry Of Health. * Optional Additional Support Services For Additional Fees including Yee Hong Meal Services, Home Care Services (Meal Preparation, Laundry, Appointment Assistance, Well-Being Support, Companionship), Busing Tour Services (Malls And Grocery Shopping), Incontinence Product Order Services. * Great Amenities: Library, Exercise Room, Dining Room, Recreation Room, Car Wash, Visitor Parking * Convenient Fantastic Location! TTC At Your Doorstep, 24 Hour Asian Supermarket Nearby, L'Amoreau Community Centre Within Walking Distance, Plus Restaurants And Shopping Right Across The Street * Comfort, Independence And Convenience - All In One Great Home *

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

Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$3,189/mo
Mortgage $1,553
Monthly Loss $2,780
Principal$409
Interest$1,144
Property Tax$137
Condo Fees$1,299
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
4.5%10
10-Year IRR
6.9%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,656/yr
NOI
$6,162/yr
Net Cash Flow
-$1,039/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
23.7/ 100

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

Comparables

Properties near 3088 Kennedy Road 911

Time

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