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$939,900

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167 Magnolia Avenue

Kennedy Park, Toronto, Ontario M1K3K7

For sale· Added

4+1 bed3 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
E13851328
Added
Oct 1, 2026 ()
Updated
Oct 1, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Storeys
2
Ownership
Freehold

Inside

Bedrooms
4+1
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Features
Carpet Free

Building

Basement
Finished, Separate entrance
Exterior
Brick
Foundation
Concrete
Parking
No Garage · 3 spaces

Land

Lot size
30 x 109 ft
Fencing
Fenced yard

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
Danforth / Midland
Nearby
Community Centre

Running costs

Annual property tax
$4,397

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$939,900
167 Magnolia Avenue
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