2035 Kennedy Rd, Scarborough

We have found 6 Condos that closely match the specifications of the property located at 2035 Kennedy Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 499,900 and 579,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the M1T3G2 postal code area of Scarborough Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2035 Kennedy Rd. The current price of the property is $459,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $367,200. This would result in a monthly mortgage payment of $2,146 over a 25-year amortization period.