For Sale: 167 Magnolia Avenue, Toronto, ON - REW
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$999,900
5 bd • 3 ba • 1500 - 1999 sf • House
167 Magnolia Avenue
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$999,900
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167 Magnolia AvenueToronto, ON, M1K 3K7

Kennedy Park
  • 5 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • House

About this home

Full brick, turnkey three-unit (triplex) investment property in high-demand Kennedy Park, offering immediate cash flow with real flexibility for the next owner. The property currently generates approximately $4,650 per month in gross rent, across three units, each with its own kitchen: a 2-bedroom upper floor, a 2-bedroom main floor, and a 1-bedroom basement suite, each with a 3-piece bathroom. Investors/Buyers can assume the existing tenants (all month to month leases) for instant income or request vacant possession with a 60+ day closing to move in or re-lease at full market rent. Roof (2025), HWT (2025), Furnace (2016), AC (2016) Coin operated laundry generates approximately $150/month. Steps from Greystone Plaza at Danforth and Midland and Kennedy Park Plaza, minutes to Kennedy Station on the subway and Scarborough lines, Eglinton GO, with schools, parks, and community centres all close by. A strategic, income-producing property in one of Scarborough's most connected and in-demand pockets, making it suitable for any investment portfolio. Financials attached to listing. (id:63626)
Listed by: NIRUN SIVANANTHAN, Salesperson, RARE REAL ESTATE

Home facts and features

Price details
List Price
$999,900
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Gross Taxes for 2025
$4,397
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
House
Depth
109 feet
Frontage
30.0 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Separate entrance, ,
Features
Carpet Free
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Primary Broker
RARE REAL ESTATE
Listing details
Days on REW
1 Day
MLS® Number
E13565974
Source
Canadian Real Estate Association
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Property Insights

Corvette Junior Public School
  • Public
  • JK - 6
Robert Service Senior Public School
  • Public
  • 7 - 8
Norman Cook Junior Public School
  • Public
  • JK - 6
Walter Perry Junior Public School
  • Public
  • JK - 6
St Maria Goretti Catholic School
  • Catholic
  • JK - 8
Salaheddin Islamic School
  • Private
  • K - 12
Grade Learning - Scarborough East
  • Private
  • 9 - 12
A+ Academy of Advancement
  • Private
  • 9 - 12
Blessed Cardinal Newman Catholic School
  • Catholic
  • 9 - 12
Anson Park Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
NIRUN SIVANANTHAN
Phone:
416-454-6353
Office:
416-233-2071
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