167 Magnolia Avenue, Toronto, ON M1K 3K7
Toronto E04
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 167 Magnolia Avenue, Toronto, ON M1K 3K7
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MLS# E13565974
Listed by RARE REAL ESTATE
On market since Jul 15, 2026
167 Magnolia Avenue, Toronto, ON M1K 3K7 is listed for $999,900 CAD.
167 Magnolia Avenue, Toronto, ON M1K 3K7 has 5 bedrooms and 3 bathrooms.
167 Magnolia Avenue, Toronto, ON M1K 3K7 is a Detached.
167 Magnolia Avenue, Toronto, ON M1K 3K7 is in Toronto E04, Ontario.
167 Magnolia Avenue, Toronto, ON M1K 3K7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 167 Magnolia Avenue, Toronto, ON M1K 3K7 (MLS# E13565974). You can also send a message through the contact form on this site.
