167 Magnolia Avenue
Toronto
M1K 3K7
$999,900
Residential Freehold
beds: 4+1
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- E13565974
- Bedrooms:
- 4+1
- Bathrooms:
- 3
- Photos (4)
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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.
- Under Contract:
- Hot Water Tank-Gas
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1500-2000
- Lot Depth:
- 109'
- Lot Frontage:
- 30'
- Lot Shape:
- Rectangular
- Direction Faces:
- West
- Bedrooms:
- 4+1
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 6
- Rooms Below Grade:
- 3
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Finished, Separate Entrance
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- Immediate or 60 days
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $4,396.69 / 2026
- Assessment:
- $- / 2025
- Toronto
- Toronto E04
- Kennedy Park
- Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.Centre
- Accessory Apartment, Carpet Free, Storage, Water Heater
- HWT (2025) - $36
- 3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.
- Tenant's belongings
- Furnace
- Brick
- Utilities Cable:
- Available
- Utilities Telephone:
- Available
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
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Listed by RARE REAL ESTATE
Data was last updated July 23, 2026 at 11:15 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $980,000
- Min list price:
- $699,000
- Max list price:
- $1,888,000
- Avg days on market:
- 23
- Min days on market:
- 4
- Max days on market:
- 117
These statistics are generated based on the current listing's property type
and located in
Kennedy Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JARROD ARMSTRONG
- RIGHT AT HOME
- 1 (416) 457-1722
- Contact by Email
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