740 Kennedy Rd #58B, Toronto

Name: 740 Kennedy Road, Unit 58B
SKU: E14031152
Price: 629900 CAD
Availability: InStock

2 Bed, 2 Bath Townhouse in Toronto

Unit 58B at 740 Kennedy Road

Welcome to 740 Kennedy Road, Unit 58B - Where Style, Space & Convenience Come Together! Discover this beautifully updated and meticulously maintained home offering over 1,700 sq. ft. of total living space in the heart of Scarborough's highly convenient Kennedy and Eglinton neighbourhood! With the feel of a semi-detached home, attached on only one side, this bright and spacious 2+1 bedroom residence offers the perfect combination of comfort, privacy and modern living. Step inside to a sun-filled, open-concept main floor featuring a generous living room with hardwood flooring and pot lights, seamlessly flowing into a stunning renovated eat-in kitchen. Beautifully appointed with marble flooring, quartz countertops, stylish backsplash, stainless steel appliances, built-in microwave, dishwasher and breakfast bar, this inviting space is perfect for everyday living and entertaining. Sliding glass doors lead to your own private, south-facing backyard oasis, complete with a newer deck (2024) and low-maintenance outdoor space, ideal for summer gatherings or simply relaxing. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated 5-piece bathroom (2023). The finished lower level adds exceptional versatility with a spacious recreation room, additional bedroom featuring an above-grade window and double closet, plus a convenient 4-piece bathroom, perfect for guests, extended family or a home office. Thoughtfully updated from top to bottom, this move-in-ready, carpet-free home features upgraded light fixtures, smooth second-floor ceilings, some newer windows, roof (2019) and furnace (2026). Ideally situated in one of Scarborough's most accessible neighbourhoods, just steps to the Eglinton subway and Eglinton Crosstown LRT, with schools, shopping, parks, public transit and an abundance of everyday amenities nearby. A fantastic opportunity to enjoy spacious, stylish, low-maintenance living in an unbeatable location. Simply move in and enjoy!

2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $573 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 740 Kennedy Rd #58B

Every detail from the listing, in one place.

Type: Townhouse
Style: 2-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 1 space
Basement: Full, Finished

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Full · Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Att/Row/Townhouse

740 Kennedy Rd #58B Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 14, 2026For saleListedThis listingMLS® E14031152$629,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 740 Kennedy Rd #58B Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 15,843 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $849,000
Average sold price: $1,083,179
Average days on market: 31
Homes sold: 9,532

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$849,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4977.1%On average, homes sold at or above asking.
Active listings12,793Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.

Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 58B — 740 Kennedy Road 2 bd · 2 ba · 1,100 sqft	$629,900asking	$573	—	—
138 Major Street 4 bd · 3 ba · 1,500 sqft
46 Croach Crescent 3 bd · 1 ba · 1,100 sqft
71 Heath Street 3 bd · 3 ba · 3,500 sqft
68 Dallimore Circle 3 bd · 2 ba · 1,100 sqft
196 Palmerston Avenue 4 bd · 2 ba · 1,100 sqft
19 Wascana Avenue 3 bd · 1 ba · 1,100 sqft

138 Major Street
4 bd · 3 ba · 1,500 sqft
46 Croach Crescent
3 bd · 1 ba · 1,100 sqft
71 Heath Street
3 bd · 3 ba · 3,500 sqft
68 Dallimore Circle
3 bd · 2 ba · 1,100 sqft
196 Palmerston Avenue
4 bd · 2 ba · 1,100 sqft
19 Wascana Avenue
3 bd · 1 ba · 1,100 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Ionview StationLine 5270 m3 min walk
Kennedy StationLine 2, Line 5, Stouffville GO440 m6 min walk
Birchmount StationLine 5650 m8 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Ionview Station (Line 5)3 min walk
Kennedy Station (Line 2, Line 5, Stouffville GO)6 min walk
Birchmount Station (Line 5)8 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Ionview Station
270 m3 minClosest· Line 5
Homes near Ionview Station
Kennedy Station
440 m6 min· Line 2, Line 5, Stouffville GO
Homes near Kennedy Station
Birchmount Station
650 m8 min· Line 5
Homes near Birchmount Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 740 Kennedy Rd #58B. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 740 Kennedy Rd #58B

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,095; 20% down · 25 years · 5.5% assumed
Property tax: $346; 0.66% mill rate · ON
Total per month: $3,441; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,095

/mo

based on the purchase price of $629,900

Down payment20%

$125,980 cash

Amortization25 yr

$503,920 financed

Rate5.50%

$424,433 total interest

Principal54%$503,920

Interest46%$424,433

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 740 Kennedy Rd #58B with a licensed buyer's agent

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Questions About 740 Kennedy Rd #58B

How much is 740 Kennedy Rd #58B listed for?

740 Kennedy Rd #58B is listed at $629,900 (MLS® E14031152). Summitly updates the price as soon as the MLS® record changes.

Is $629,900 a good price for 740 Kennedy Rd #58B?

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 740 Kennedy Rd #58B changed?

No — 740 Kennedy Rd #58B is still listed at its original asking price of $629,900.

How many bedrooms and bathrooms does 740 Kennedy Rd #58B have?

740 Kennedy Rd #58B has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a townhouse in Toronto.

Is 740 Kennedy Rd #58B close to transit?

The nearest rapid-transit station is Ionview Station (Line 5), about 270 m (about a 3-minute walk) in a straight line. Kennedy Station is about 440 m (about a 6-minute walk), and Birchmount Station is about 650 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 740 Kennedy Rd #58B?

About $3,095 a month — principal and interest on $629,900 with 20% down ($125,980), 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 740 Kennedy Rd #58B compare with other homes in Toronto?

Its asking price of $629,900 is about 26% below the median sold price in Toronto over the last 90 days, $849,000, across 9,532 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 740 Kennedy Rd #58B been sold before?

Summitly has no earlier MLS® sale or lease of 740 Kennedy Rd #58B on record from the last two years. Older records aren't shown under TRREB rules.

Where is 740 Kennedy Rd #58B?

740 Kennedy Rd #58B is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 740 Kennedy Rd #58B been on the market?

740 Kennedy Rd #58B was listed today (October 14, 2026).

What is the price per square foot of 740 Kennedy Rd #58B?

About $420 to $573 per square foot: the asking price of $629,900 over the 1,100–1,500 sq ft the listing gives as its size range.

Does 740 Kennedy Rd #58B have parking or a garage?

Yes — the listing gives 1 parking space.

What you should know

2 Bed, 2 Bath Townhouse in Toronto

Unit 58B at 740 Kennedy Road

Inside 740 Kennedy Rd #58B

Features & systems

740 Kennedy Rd #58B Price & Sale History

How 740 Kennedy Rd #58B Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 740 Kennedy Rd #58B

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Kennedy Road? See what yours is worth

Zara, any time

A licensed local agent

See 740 Kennedy Rd #58B, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Townhouses in Toronto

2 Bed, 2 Bath Townhouse in Toronto

Unit 58B at 740 Kennedy Road

Inside 740 Kennedy Rd #58B

Features & systems

740 Kennedy Rd #58B Price & Sale History

How 740 Kennedy Rd #58B Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 740 Kennedy Rd #58B

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Kennedy Road? See what yours is worth

Zara, any time

A licensed local agent

See 740 Kennedy Rd #58B, Toronto in person

Questions About 740 Kennedy Rd #58B

How much is 740 Kennedy Rd #58B listed for?

Is $629,900 a good price for 740 Kennedy Rd #58B?

Has the price of 740 Kennedy Rd #58B changed?

How many bedrooms and bathrooms does 740 Kennedy Rd #58B have?

Is 740 Kennedy Rd #58B close to transit?

How much would the monthly mortgage be on 740 Kennedy Rd #58B?

How does 740 Kennedy Rd #58B compare with other homes in Toronto?

Has 740 Kennedy Rd #58B been sold before?

Where is 740 Kennedy Rd #58B?

How long has 740 Kennedy Rd #58B been on the market?

What is the price per square foot of 740 Kennedy Rd #58B?

Does 740 Kennedy Rd #58B have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Townhouses in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 740 Kennedy Rd #58B

How much is 740 Kennedy Rd #58B listed for?

Is $629,900 a good price for 740 Kennedy Rd #58B?

Has the price of 740 Kennedy Rd #58B changed?

How many bedrooms and bathrooms does 740 Kennedy Rd #58B have?

Is 740 Kennedy Rd #58B close to transit?

How much would the monthly mortgage be on 740 Kennedy Rd #58B?

How does 740 Kennedy Rd #58B compare with other homes in Toronto?

Has 740 Kennedy Rd #58B been sold before?

Where is 740 Kennedy Rd #58B?

How long has 740 Kennedy Rd #58B been on the market?

What is the price per square foot of 740 Kennedy Rd #58B?

Does 740 Kennedy Rd #58B have parking or a garage?