Toronto, ON
167 Magnolia Avenue
$939,900
Data last updated Oct 31, 2026, 5:30 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $939,900
- Type
- Detached
- Bedrooms
- 4
- Bathrooms
- 3
- MLS®
- E13851328
- Status
- active
- Brokerage
- RARE REAL ESTATE
About this home
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.
Location
More details
- Property tax
- $4,397 (2026)
- Days on market
- 31
- Style
- 2-Storey
- Lot
- 30 × 109 Feet
- Parking
- 3 spaces · None
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- Air conditioning
- Central Air
- Neighbourhood
- Kennedy Park
- Major intersection
- Danforth / Midland
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.