The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Visit the REALTOR website for more information about this Listing. Welcome to Suite 319 at Mon Sheong Court, a life lease residence for adults 55+ at Kennedy & McNicoll. At 1,120 sq ft, the 2F+D is among the largest layouts in the building - 2 bedrooms plus a separate den, 2 full baths, ensuite laundry and a walk-out balcony. Renovated top to bottom and move-in ready. The new kitchen offers stone counters, a tiled backsplash, full-height cabinetry and stainless steel appliances; both bathrooms have been rebuilt with new vanities and full tile surrounds. Wide-plank flooring, fresh neutral paint and updated lighting run throughout. Purpose-built for independent living. The suite is entirely single-level and step-free, with open sight lines and easy circulation between rooms. Monitored emergency pull stations are fitted in the bedrooms and bathrooms, tied directly to the building's 24-hour response system. The main bath offers a walk-in shower with a built-in seat, a handheld sprayer on a slide bar and grab bars on three sides; safety grab bars are also fitted at the toilet in both bathrooms. Lever handles throughout. The living/dining room stretches 21 feet to a walk-out balcony, with picture windows framing a western view. Both bedrooms hold walk-in closets - the primary a generous 15' x 10'. The enclosed den suits a home office, hobby room or guest space. Underground garage parking and a storage locker included. A monthly fee of $1388.80 covers property taxes, hydro, water, heat, air conditioning and Rogers cable TV including the Fairchild channels. The building is built around its residents: 24-hour security, on-site medical clinic and pharmacy, cafeteria and dining room, exercise room, library, mahjong and card rooms, karaoke, ping pong and hair salon, plus a full calendar of social and cultural programs. Shuttle bus to groceries; meal delivery available. TTC at the door. Minutes to Pacific Mall, Asian supermarkets and Hwy 401. Some photos are virtually staged.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,824/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $2,328/yr$194
Condo feesFrom listing$1,389
Minimum $34,900 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
Toronto land transfer taxMunicipal brackets, no first-time refund$8,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$139,510
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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