
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
Nearby Schools
Schools near 167 MAGNOLIA AVENUE
Distances are measured in a straight line from this property.
Caring and Safe School 3
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Scarborough, Ontario, M1K4C9
Scarborough Centre for Alternative Studi
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Toronto, Ontario, M1K4C9
South East Secondary Alternative School
Secondary school · Grades 9-12
Toronto DSB
720 Midland Avenue, Toronto, Ontario, M1K4C9
Corvette Junior Public School
Elementary school · Grades JK-6
Toronto DSB
30 Corvette Ave, Scarborough, Ontario, M1K3G2
Robert Service Senior Public School
Elementary school · Grades 7-8
Toronto DSB
945 Danforth Rd, Scarborough, Ontario, M1K1J2
Norman Cook Junior Public School
Elementary school · Grades JK-6
Toronto DSB
725 Danforth Rd, Scarborough, Ontario, M1K1G4
St Maria Goretti Catholic School
Elementary school · Grades JK-8
Toronto CDSB
21 Kenmark Blvd, Toronto, Ontario, M1K3N8
Walter Perry Junior Public School
Elementary school · Grades JK-6
Toronto DSB
45 Falmouth Ave, Scarborough, Ontario, M1K4M7
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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