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5 Beds
3 Baths

C$939,900

167 MAGNOLIA AVENUE, Toronto ( Kennedy Park ) Ontario, M1K3K7

Property typeOther
Courtesy of NIRUN SIVANANTHAN with RARE REAL ESTATE

Overview

Active

Listed Oct 1, 2026

Updated 3 days ago

Full 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. Upper unit is vacant, remaining two units have signed N11's so can request vacant possession. 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:41202)

Additional information

MLS® ID
E13851328

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,397
Tax Frequency
Annually

Courtesy of NIRUN SIVANANTHAN with RARE REAL ESTATE

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