Address
167 Magnolia Avenue, Toronto, ON
Price
$ 999,900
Property Attributes
  • ID#E13565974
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityToronto
  • CityToronto
  • NeighbourhoodKennedy Park
  • Postal CodeM1K 3K7
  • StyleSingle Family Dwelling
  • Price$ 999,900
  • Bedrooms4+1
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2000
Data Source:
RLP - CREA EN
Property 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.

General Features

Terms SALE
Neighbourhood Kennedy Park
Construction Style Detached
Property Sub Type Single Family
jumpId 28710964
Property Subtype French Single Family Dwelling
Listing Type French House
MLS E13565974
Appliances Dryer, Stove, Washer, Refrigerator
Building Type House
Features Carpet Free
Property Type Single Family
Sewer Sanitary sewer

Interior Features

Living Area Range 2000 sqft
Bedrooms 4+1
Basement Finished
Basement Type N/A, N/A
Cooling Type Central air conditioning
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Beds 5
Total Baths 3
Total Baths 3

Exterior Features

Exterior Finish Brick
Parking Type No Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in M1K 3K7

Price
AVG $1,000K
$1,000K