3088 Kennedy Road
Building Details
Listing History for Villa Elegance
Amenities
Maintenance Fees
About 3088 Kennedy Road — Villa Elegance
Villa Elegance is something of a hybrid: it’s not quite a nursing home, nor does it constitute assisted living; rather, 3088 Kennedy Road is a condo that just so happens to be geared toward aging residents. This makes the building well suited for independent seniors who don’t want to pay an arm and a leg to live in a retirement community, where they’d be shelling out cash for services they don’t need.
Built in 1999 by Tridel, 3088 Kennedy Rd is a mid-sized building containing 131 Toronto condos spread out over 12 storeys. Seeing as the average age for residents sits in the low 80s, the amenities at 3088 Kennedy target this particular demographic. In addition to standard amenities like a party room, games room, and gym, the building also features on-site, 24-hour emergency medical care, as well as recreation and wellness programming.
The Suites
The homes at 3088 Kennedy Rd range in size from around 550 to 1,200 square feet, and contain one bedroom, two bedrooms, or two bedrooms plus a den. Condo seekers interested in the building can expect traditional layouts that feature separate kitchens, some of which contain pass-through windows.
The Neighbourhood
Steeles is a perfect spot for seniors looking to relax. The Scarborough neighbourhood stretches from Victoria Park to Midland, and from Steeles down to McNicoll Avenue. Steeles contains a combination of green space and commercial businesses, many of which are a short walk away from 3088 Kennedy Rd.
Residents, for example, can walk just 500 metres in order to reach L’Amoreaux Park North, which contains walking trails and an idyllic pond. It’s also helpful having a pharmacy right around the corner, at Kennedy Road and McNicoll. Those who are feeling slightly more adventurous can also head over to Midland Avenue, where they’ll find an array of restaurants — many of which serve up authentic Chinese fare.
Residents who prefer to get their exercise by mall walking, on the other hand, can head up Kennedy to Pacific Mall. And when walkers get tired of exploring this Asian shopping centre, they can head to the food court for a bite to eat.
Transportation
With 3088 Kennedy Rd situated at the intersection of two major roads, residents who prefer not to drive can still get around the city with ease. The 42 Cummer bus carries passengers along McNicoll Avenue, and as far west as Finch Station on the Yonge subway line. Those heading south, on the other hand, can use the 43 Kennedy bus to do so, which stops just a few steps north of Villa Elegance. And when residents want to leave the city altogether, they can simply hop on a GO Train departing from Miliken Station.
As for prospective residents who plan to get around by car, Kennedy can be used to reach the 401 in no time, while McNicoll provides access to the 404. The drive down to the Entertainment District takes as little as 25 minutes when traffic cooperates, and attractions like Yorkdale Mall and the Beaches can be reached in around the same time.
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Price Cut: $30,000 (Aug 12)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
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Building Trends At Villa Elegance
Days on Strata
List vs Selling Price
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Transaction Insights at 3088 Kennedy Road
1 Bed | 2 Bed | 2 Bed + Den | |
---|---|---|---|
Price Range | $380,000 - $386,000 | $453,000 - $523,000 | $550,000 |
Avg. Cost Per Sqft | $634 | $514 | $454 |
Price Range | $2,350 - $2,500 | $2,450 - $2,500 | No Data |
Avg. Wait for Unit Availability | 117 Days | 78 Days | 3010 Days |
Avg. Wait for Unit Availability | 257 Days | 235 Days | No Data |
Ratio of Units in Building | 33% | 65% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Steeles