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Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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167 Magnolia Avenue, Toronto E04, ON M1K 3K7

Detached Home For Sale | E13565974Sale

Listing ID: E13565974
$999,900
5 Bedrooms
3 Bathrooms
Listing ID #E13565974
Property 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.

Basic Details
Listing ID : E13565974
Listing Type : Sale
Price : $999,900
Bathrooms : 3
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
167
Magnolia
US
ON
Toronto
Toronto E04
M1K 3K7
Avenue
West
Danforth / Midland
Property Area
Kennedy Park
Features
: Central Air
: None
: Finished, Separate Entrance
: Private
: 2-Storey
: Carpet Free, Storage, Accessory Apartment, Water Heater
: Sewer
Rooms
5
Additional Information
: Brick
: Concrete
Financial
4396.69
Listing Information
New
2026-07-19T11:27:35Z
TRREB

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