167 Magnolia Avenue

Toronto, ON M1K 3K7 ( Kennedy Park)

Quick Facts

Type: Detached

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 4,397 ( 2026)

Updated: 2026-07-19 11:27:35

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.

Extras

Detached

Property

Status: For Sale

MLS #: E13565974

Price: $ 999,900

Address: 167 Magnolia Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 4,397

Tax Year: 2026

Lot Size:

Neighbourhood: Kennedy Park

Nearest Intersection: Danforth / Midland

City: Toronto

Postal Code: M1K 3K7

DOM: 67 Days

Last Update: 2026-07-19 11:27:35

 

Building

Interior

Bedrooms: 5

Bathrooms: 3

Rooms: 0

Kitchens: 3

Family Room:

Fireplace:

Basement: Finished Separate Entrance,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 3.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms