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    For Sale - 167 Magnolia Avenue, Toronto, Ontario

    Est payment $4,801/mo
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    Time on Jump  1 days




    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.
    Listing IDE13565974
    Address167 Magnolia Avenue
    CityToronto, Ontario
    Price$999,900
    Bed / Bath5 / 3 Full
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, Carpet Free, Storage, Water HeaterAmenities Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.CentreOwnership FreeholdBasement Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  RARE REAL ESTATE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    167 Magnolia Avenue
    Toronto , Ontario
    5 3 $999,900
    Get more info