$939,900
- 4+1 bd
- 3 ba
- 1500-2000 sqft
167 Magnolia Avenue, Kennedy Park, Toronto
Detached for sale · MLS® E13851328
Overview
FULLY VACANT, 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. 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.
Facts & features
- Type
- Detached
- Listing type
- For Sale
- Neighbourhood
- Kennedy Park
- City
- Toronto
- Bedrooms
- 4+1
- Bathrooms
- 3
- Accessory Apartment
- Carpet Free
- Storage
- Water Heater
- Private
- Finished
- Separate Entrance
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Listing information is deemed reliable but not guaranteed. Listing courtesy of EXP REALTY, Brokerage. MLS® is a registered trademark of CREA. Verify all details independently.
