825 Kennedy Road Condos: A 54-Suite 1977 Mid-Rise by Kennedy Station

825 Kennedy Road is one of the lowest-priced ways I know to own a large condo close to a major subway station in Toronto. It is a seven-storey, 54-suite building from 1977, a short distance north of Kennedy Station, where Line 2 now meets the new Line 5 Eglinton. The price per square foot is strikingly low, and a buyer needs to understand why before treating it as a bargain. I’m Jatin Dua, RE/MAX Quantum Realty.

A small building on a changing transit corner

Kennedy Station sits just south of Eglinton and east of Kennedy Road, and it has been the eastern end of Line 2 since 1980. On 8 February 2026 it also became the eastern terminus of Line 5 Eglinton, a 19-kilometre light rail line running west across midtown, which began service in a phased opening. Together with Kennedy GO on the Stouffville line, that makes it one of the busiest transit hubs in the city.

The station’s story has not been all gains. Line 3 Scarborough, which ran north from Kennedy to Scarborough Centre, closed permanently in July 2023 and was replaced with buses. Its long-term replacement is the Line 2 extension to Sheppard and McCowan, with stations at Lawrence and McCowan and Scarborough Centre, now under construction.

For an owner at 825 Kennedy, the net effect is a better connected address than it was a few years ago, with more to come. The data panel on this page shows the walk and routes from the door.

Large suites in a seven-storey building

Condos.ca lists suites at about 754 to 1,189 sq ft. At the top end, that is the size of a small house’s main floor. There are no small studios here. Even the smallest suites are larger than most new one-bedroom-plus-dens, and the plans follow the 1970s pattern of separate kitchens and defined dining rooms.

At seven storeys and 54 suites, it is a mid-rise rather than a tower. That usually means a quieter lobby, shorter elevator waits and neighbours you will get to know. It also means no long views, so judge each suite on its exposure and whether it faces Kennedy Road or away from it.

Kennedy Road is a busy arterial, with buses and trucks heading to and from the station. Visit at rush hour and listen with the windows open before you commit to a road-facing suite.

Suites of this age also vary widely in condition. Some will have new kitchens, flooring and bathrooms, and others will be close to original. In a building with this few sales, the difference between the two can be larger than any difference in floor or exposure, so price the renovation into your offer.

An all-in fee in a small corporation

The fee covers common elements, heat, hydro, cable TV, building insurance, parking and water. That is close to the whole monthly cost apart from internet and property tax, and hydro in particular is rarely included in Toronto condo fees today.

The other side is that 54 owners share every cost. Bulk utilities, a roof, an elevator or a garage repair are all split among relatively few households, so fees in a small, all-inclusive building can be high per suite. With only one suite listed when I checked, I won’t quote a fee from a single listing; ask for the current budget and fee schedule for the size you are considering.

Look at the last three to five budgets to see how the fee has moved, how much goes to the reserve fund and how the utility lines have changed. A small corporation that has kept its reserve funded is in a much stronger position than one that kept fees low by deferring work.

Why the price per foot is so low

Condos.ca puts the building average at about $279 per square foot. That is one of the lowest figures I see anywhere in Toronto, and well below the roughly $380 to $410 range at large 1970s towers elsewhere in Scarborough such as Oaktree Estates or 301 Prudential Drive.

Several things can push a number that low: an older building, a high all-in fee, a small sample of sales, and suites in original condition. With 54 suites and little turnover, the average can also be dragged down by a handful of older sales. I would treat it as a signal to investigate, not a price to expect.

The right comparison is total monthly carrying cost against a smaller, newer suite near the same station, where the fee may be lower but hydro, heat and parking are often extra.

Pricing with almost no active supply

Only one suite was listed for sale when I checked, so I won’t quote a single asking price. In a building this size, it is common to go months between listings.

When a suite does come up, price it against recent sales here and in the neighbouring Kennedy Road buildings, adjusting for size, condition, the side of the building and the fee. Ask for the status certificate and reserve fund study early, ideally before you agree a price, because in a small corporation it can change what a suite is worth.

If the corporation’s finances are sound, a buyer here gets a large suite close to a major transit hub at a price per foot that newer buildings near the station cannot approach. My building sold report shows what has actually traded.

Building specifications

Amenities at 825 Kennedy Road Condos

There is very little in the way of amenities: a parking garage and visitor parking. You are not paying for a pool, gym or party room, which keeps the fee focused on the building and its utilities, and the station area supplies the rest.

Jatin’s honest take on 825 Kennedy Road Condos

825 Kennedy Road Condos — frequently asked questions

Looking at Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.