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Listing photo of 167 MAGNOLIA AVENUE

Toronto

Detached in Toronto

$939,900

167 MAGNOLIA AVENUE, Toronto, M1K3K7

MLS Number: E13851328

Beds

5

Baths

3

Listing

For Lease

Type

Detached

Square Feet

1,500 - 2,000

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.

Location

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167 MAGNOLIA AVENUE, Toronto, M1K3K7

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