167 Magnolia Avenue

Toronto, ONDetached
$939,900
MLS® E13851328
Detached5 beds3 baths3 total
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About This Property

Full brick, three-unit (triplex) investment property in high-demand Kennedy Park, offering immediate cash flow with real flexibility for the next owner. The property recently generated $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 4-piece bathroom. Upper unit is vacant, remaining two units have signed N11's so can request vacant possession. 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:63604)

Key Facts

Type
Detached
Beds
5
Baths
3
Size
1,500 sqft
Lot
30 x 109 FT
Parking
3 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Water Heater
Property Details 18 details
Bedrooms
5 bedrooms
4 above grade + 1 below grade
Bathrooms
3 bathrooms
Parking
3 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
2
Basement
Finished, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
30 x 109 FT
Frontage
30 feet
Taxes
$4,396.69
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerWater Heater

Exterior features

BrickConcreteFenced yard

Systems and association

SewerElectricityCable

Lot and water

Carpet Free
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$939,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area
Kennedy Park
City
Toronto
Postal code
M1K 3K7
Nearby
Danforth / Midland
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