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Single Family

167 Magnolia Avenue

Toronto (Kennedy Park), Ontario M1K3K7

$939,900

MLS® E13851328

  • 5Bedrooms
  • 3Bathrooms
  • 30 x 109 FTLot size
  • 3Parking

Overview

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. (id:57793)

Property details

MLS® number
E13851328
Price
$939,900
Listing
For sale
Property type
Single Family
Building type
House
Bedrooms
5
Bathrooms
3
Lot size
30 x 109 FT
Parking spaces
3
Basement
Finished, Separate entrance, N/A, N/A
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Water
Municipal water
Sewer
Sanitary sewer
Annual taxes
$4,397

Features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Water Heater
  • Community Centre
  • No Garage
  • Carpet Free

Location

Address
167 Magnolia Avenue
City
Toronto (Kennedy Park)
Area
Kennedy Park
Province
Ontario
Postal code
M1K3K7
Country
Canada

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