372-374 Kennedy Rd is a land in Toronto, listed for $1. It has < 700 sq ft of living space.
1Ideally positioned within walking distance of Scarborough GO Station and directly across from the future Scarborough Junction development site, placing the property within an evolving transit-oriented neighbourhood.
2Gas, hydro, sewer, cable and telephone services are available.
3Property assembly includes 372 Kennedy Rd, 374 Kennedy Rd and 0 Danforth Rd.
Exceptional opportunity for builders, developers and land investors to acquire a rare 3-property land assembly in a highly connected Scarborough location. Offering approximately 0.65 acres with 66.5 ft of frontage on Kennedy Rd and an impressive depth of approximately 349.7 ft, this unique site presents substantial potential for future development. Ideally positioned within walking distance of Scarborough GO Station and directly across from the future Scarborough Junction development site, placing the property within an evolving transit-oriented neighbourhood. Gas, hydro, sewer, cable and telephone services are available. Property assembly includes 372 Kennedy Rd, 374 Kennedy Rd and 0 Danforth Rd. Survey and feasibility study available. A rare opportunity to secure a substantial land holding in an established Toronto neighbourhood with significant future growth potential.
Toronto land priced at $1 — book a tour to see if it fits your search.
Inside 372-374 Kennedy Rd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0.65
Listing & possession
Property class
Vacant Land
372-374 Kennedy Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13603406$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 372-374 Kennedy Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$0
/mo
based on the purchase price of $1
$0 cash
$1 financed
$1 total interest
Principal54%$1
Interest46%$1
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,825Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 372-374 Kennedy Rd
How much is 372-374 Kennedy Rd listed for?
372-374 Kennedy Rd is listed at $1 (MLS® E13603406). Summitly updates the price as soon as the MLS® record changes.
Is $1 a good price for 372-374 Kennedy Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 372-374 Kennedy Rd changed?
No — 372-374 Kennedy Rd is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 372-374 Kennedy Rd have?
372-374 Kennedy Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Toronto.
How much would the monthly mortgage be on 372-374 Kennedy Rd?
About $0 a month — principal and interest on $1 with 20% down ($0), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 372-374 Kennedy Rd compare with other homes in Toronto?
Its asking price of $1 is about 100% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 372-374 Kennedy Rd been sold before?
Summitly has no earlier MLS® sale or lease of 372-374 Kennedy Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 372-374 Kennedy Rd?
372-374 Kennedy Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 372-374 Kennedy Rd been on the market?
107 days — 372-374 Kennedy Rd was listed on July 24, 2026.
What is the price per square foot of 372-374 Kennedy Rd?
About $0 per square foot: the asking price of $1 over the 700 sq ft the listing gives.
What is the lot size of 372-374 Kennedy Rd?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 372-374 Kennedy Rd?
About $0 at the asking price of $1: $0 Ontario land transfer tax plus $0 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.