Overview
- Updated On:
- September 24, 2024
- 0 Rooms
- 0 Bedrooms
Property Address
Description
Condo Project Summary
This condo is an incredible investment opportunity located just 5 minutes away from Line 2’s Kennedy Station and Kennedy GO Station.
565 Kennedy Road Condos is a new mid-rise mixed-use condominium development in Scarborough. Located at 565 Kennedy Road near the main intersection of Kennedy Rd and St. Clair Ave E., in the Scarborough Junction neighbourhood. This 9-storey pre-construction condo project offers 113 condominium suites ranging from one-bedroom to three-bedrooms.
The development is a student’s paradise thanks to its proximity to Centennial College and the University of Toronto Scarborough.
Amenities
565 Kennedy Road Condos will stand 9-storeys tall and feature 113 suites divided into:
- 26 one-bedrooms
- 54 one-bedroom plus dens
- 15 two-bedrooms
- 6 two-bedrooms
- 12 three-bedrooms
The ground floor will include 2,367 square feet of retail space facing Kennedy Road and a welcoming lobby.
Residents will have access to state-of-the-art amenities, including 3,358 square feet of indoor space and 2,426 square feet of outdoor space. The indoor amenities will be situated on the ground floor and rooftop, while the outdoor amenities will be located along the rooftop. There will be a pet spa, an outdoor lounge, a BBQ station, and outdoor dining areas.
One level of underground parking will contain 24 residential parking spaces as well as 8 visitor and retail parking spaces. Of this total, 26 spots will have EV charging stations. Additionally, 100 long-term and 14 short-term bicycle parking spaces will be located in the underground parking garage and on the ground floor.
Location & Neighbourhood
565 Kennedy Road Condos is located in the Scarborough Junction area of Scarborough, close to popular neighbourhoods such as Brimley and Eglinton East. In this bustling community, residents will have everything they need at their fingertips.
Al Baaqi Supermarket, Amerex Caribbean Grocers, and Yogas Super Market are just steps away. Moreover, No Frills, Walmart, Giant Tiger, and The Home Depot are less than a 10-minute drive away. With so many great options nearby, doing errands will feel effortless.
Scarborough Town Centre, the largest shopping centre in Toronto’s east end, is 15 minutes away. This expansive mall is home to over 200 stores and is the perfect place to spend your day. Here you will find a variety of shops and eateries, such as Aritzia, Hudson’s Bay, Jack Astor’s, Zara, and more. Movie lovers will appreciate that Scarborough Town Centre also includes a Cineplex.
This development is just minutes away from the Scarborough Bluffs, a stunning natural escarpment that provides picturesque views of Toronto’s waterfront.
565 Kennedy Rd Condos is in a family-friendly neighbourhood and is well known for its top-rated schools. Schools within a 10-minute drive include Anson Park Public School, St. John Henry Newman Catholic High School, W. A. Porter Collegiate Institute, and Regent Heights Public School.
Furthermore, families can access numerous nearby after-school programs and summer camps, including sports and recreational activities, music studios, and dance schools. Toronto Public Library’s Kennedy/Eglinton Branch and Albert Campbell Branch are a stone’s throw away.
Students love this neighbourhood. Pures College of Technology, a registered private career college, is only 8 minutes away and offers programs in healthcare, business, and IT. Centennial College’s Progress Campus is 20 minutes away and is home to Centennial’s Business and Hospitality, Tourism, and Culinary Arts programs.
Best of all, the University of Toronto’s Scarborough Campus is a 20-minute drive away. The University of Toronto consistently ranks as Canada’s #1 University year after year, making it the dream school of many. Investors should note that this campus hosts over 14,000 students, making rental properties in the area very popular.
Residents will also have excellent access to public transit. Line 2’s Kennedy Station is a 5-minute drive or 20-minute walk away. Additionally, the Kennedy GO Station, serving both the Stouffville Line and the Lakeshore East Line, is conveniently located here. This multimodal station ensures locals enjoy a seamless commuting experience. Furthermore, both Scarborough GO Station and Warden Station are approximately 5 minutes away.
As a bonus, this thriving neighbourhood will soon become even more connected. The upcoming Eglinton Crosstown LRT (Line 5 Eglinton) will travel from Kennedy Station westward to Mount Dennis Station, providing a midtown connection across Toronto. Investors should keep in mind that once the LRT is completed, the price of housing in this neighbourhood will skyrocket. Therefore, now is the time to invest in this rapidly growing locale.