167 Magnolia Avenue, Toronto, ON M1K 3K7
Toronto, ON M1K 3K7
About this property
FULLY VACANT, 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. 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 facts & features
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- E13851328
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M1K 3K7
- Parking spaces
- 3
- Garage
- None
- Lot depth (source units)
- 109
- Annual property tax
- 4396.69
- Basement
- Finished, Separate Entrance
- Laundry
- Not provided
- Interior features
- Accessory Apartment, Carpet Free, Storage, Water Heater
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 31 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $939,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: RARE REAL ESTATE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E13851328. Information deemed reliable but not guaranteed.