3088 Kennedy Road PH11, Toronto E05

$399,000
3088 Kennedy Road PH11

$399,000

New
4d
Condo ApartmentApartment

3088 Kennedy Road PH11, Toronto E05

Total Monthly Obligation $3,265

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
4d
Score
16
Yield
7.2%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.8%
10Y IRR
8.5%
Property Type-Condo Apartment
MLS® Number-E14093390
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,780.16 (2026)
Maintenance-$1,307.01/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE GOLD PACIFIC REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediately
Neighbourhood-Steeles
Title-Residential Condo & Other

No agent assigned

Welcome to Villa Elegance by Tridel. This bright and spacious penthouse-level 2-bedroom, 2-bathroom condo offers breathtaking unobstructed views and includes 1 underground parking space and locker. Deed-owned condominium (not a life lease). Designed for independent living and open to all ages, residents enjoy 24-hour emergency response services, accessible features, wellness programs, and optional assisted living support. 24-hour on-site Yee Hong PSW emergency response service. In-suite emergency call button and washroom pull-cord system. Wheelchair-accessible building and suite. Shower grab bars and toilet safety rails. Excellent amenities include a library, exercise room, recreation room, dining room, car wash, and visitor parking. Conveniently located with TTC at the door, shopping, restaurants, and community centre just steps away. Some photos are virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$3,265/mo
Mortgage $1,609
Monthly Loss $2,841
Principal$424
Interest$1,186
Property Tax$148
Condo Fees$1,307
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.6%0
5-Year IRR
4.1%8
10-Year IRR
6.5%
Returns Index
5.3/ 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
$5,926/yr
Net Cash Flow
-$1,116/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
23.2/ 100

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

Comparables

Properties near 3088 Kennedy Road PH11

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.