167 MAGNOLIA AVENUE
Toronto (Kennedy Park), Ontario
MLS® E13565974
$999,900
- Status
- Active
- Property type
- House
- MLS® number
- E13565974
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 4Listing description
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.
Property summary
- MLS® number
- E13565974
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 30 x 109 FT
- Annual property taxes
- $4,396.69
- Parking
- 3 spaces · No Garage
- Days on market
- 43 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Separate entrance, N/A, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Exterior features
- Brick
- Lot features
- Carpet Free
- Community features
- Community Centre
What would this home cost you?
Based on the $999,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RARE REAL ESTATE, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.