Homula Realty Brokerage
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.

3025 Kennedy Road 2, Toronto, ON M1V 1S3

Commercial Retail
$3,180,000

Rare opportunity to acquire or lease a 4,483 sq. ft. industrial/commercial unit in one of the Scarborough's most established business parks. Designed for versatility, the space features one truck-level loading dock door for efficient shipping and receiving, with the potential to construct a second-level mezzanine to significantly increase usable floor area. A unique advantage of this property is its restaurant-permitted zoning, making it an excellent opportunity for food production, catering, commissary kitchens, restaurants, specialty food businesses, or a variety of other commercial and industrial uses. Conveniently located on Kennedy Road with excellent access to Highways 401, 404, and 407, the property offers outstanding connectivity for customers, employees, and logistics operations.

MLS number
E13579158
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M1V 1S3
Photos
7
Property tax
$10,110 / year
59days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Lynnwood Heights Junior Public School8.4 / 10
Elementary · Regular Track
TDSB boundary
Henry Kelsey Senior Public School
Intermediate · Regular Track
TDSB boundary
Agincourt Collegiate Institute8.3 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Sylvester Catholic School
Toronto CDSB
Elementary388 m9.4 / 10
94% met the standard · 3 of 6 measures
Silver Springs Public School
Toronto DSB
Elementary513 m6.4 / 10
64% met the standard
Mary Ward Catholic Secondary School
Toronto CDSB
Secondary593 m7.9 / 10
79% met the standard · 2 of 6 measures
Yorkland High SchoolSecondary957 mNot reported
Amanah Academy North America FoundationElementary and secondary962 mNot reported
Kennedy Public School
Toronto DSB
Elementary1.3 km8.0 / 10
80% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 428 people.

$35,200Median household income
81%Own their home
2.2%Detached houses
85Median age
94.5%Born outside Canada
12.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35200094 — the few blocks around this address, home to 428 people. It describes the area, not this property.

428Population
82.4Average age
1.4Household size
$42,800Average household income
$35,200Median household income
81%Own their home
19%Rent
98%Condominiums
95%Born outside Canada
13%University degree
$508,000Average home value
45%Low income
7%Never married
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,99925%
$25,000 to $29,9997%
$30,000 to $34,99911%
$35,000 to $39,9999%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9995%
$80,000 to $89,9995%
$100,000 and over7%
$100,000 to $124,9992%
$150,000 to $199,9992%

Percentages are of the 220 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$636,000 · minimum here is $636,000
$14,080.35per month
Borrowed before insurance$2,544,000
Total borrowed$2,544,000
Interest over 25 years at 4.5%$1,680,106

If you rented it out

-$14,922.85per month out of pocket
Rent$0.00
Everything it costs to hold$14,922.85
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 6 still in progress.

3101 KENNEDY RD148 m
Under Review · applied March 3, 2026

The subject site has been developed as a single-storey commercial plaza comprised of four buildings with a total gross floor area of 4,877 square metres.…

City planning file →
3004 KENNEDY RD380 m
Under Review · applied March 8, 2024

Application for zoning bylaw amendment for File No.: File No.: 23 206748 22 OZ was adopted by Council on June 26, 2024. A new ROW would be created connecting westward from Kennedy Road (20 metres in width).…

City planning file →
3004 KENNEDY RD380 m
Council Approved · applied September 25, 2023

This application proposes to amend the Zoning By-law to permit the construction of 171 residential units within three-storey stacked and back-to-back townhouse buildings , with a total gross floor area (GFA) of approximately 17,950 square metres.…

City planning file →
3157 KENNEDY RD373 m
Under Review · applied September 26, 2021

Application for a one-storey office building with a gross floor area of 3,251.2 m2 with parking spacesand loading areas.

City planning file →
95 MILLIKEN BLVD294 m
Under Review · applied July 7, 2021

Construct a one storey addition to a food Manufacturing building.

City planning file →
188 SILVER STAR BLVD441 m
NOAC Issued · applied November 17, 2020

Proposed Phase 2 development comprising of a 3 storey office building with ground floor warehousing. Reference File 08 170723 ESC 41 SA for Phase 1.

City planning file →
2075 MCNICOLL AVE257 m
Draft Plan Approved · applied May 11, 2026

Draft Plan of Condominium for 16 units

City planning file →
3101 KENNEDY RD148 m
Final Approval Completed · applied September 12, 2025

Application for Draft Plan of Standard Condomimium to create 68 commercial units within the retail plaza building development and to permit common elements parking with 220 spaces.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by HOMELIFE BROADWAY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.