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167 MAGNOLIA AVENUE, Toronto (Kennedy Park)
2026-07-17
Quick Summary
- Location
- 167 MAGNOLIA AVENUE, Toronto (Kennedy Park), Ontario M1K3K7
- Price
- $999,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 4 bed +1
- Bathrooms:
- 3
- Garages:
- 3
MLS®#E13565974
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Place of Worship, Park, Public Transit
Building
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- Basement Development: Finished
- Basement Features: Separate entrance
- Basement Type: N/A (Finished), N/A
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Carpet Free
Land
- Land Size: 30 x 109 FT
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Information entered by RARE REAL ESTATE
Listing information last updated on: 2026-07-19 11:57:06
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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