368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

167 Magnolia Avenue, Toronto, ON M1K 3K7

$999,900
  • Sale
  • Detached
  • 27 days ago
  • Updated: 2026-07-19

Property Overview

Property Type
Detached
Bedrooms
5
Bathrooms
3
Garage
3
Size
N/A
Age
N/A
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.

Key Details

  • E13565974
  • 3
  • $999,900
  • Tenant
  • None
  • 3 + 3
  • 2-Storey
  • 4 + 1
  • 3
  • 1500-2000 Sqft
  • N/A SquareFeet
  • N/A
  • Detached
  • Sale

Additional Details

  • Forced Air / Gas
  • $4396.69
  • 2026
  • LT 11, BLK D, PL 1093 ; PT LT 10, BLK D, PL 1093 , AS IN SC614753 ; PT LANE, BLK D, PL 1093 , PART 53 , 64R6634, CLOSED BY BYLAW 17625 (SC557428) ; S/T SC564598 ; SCARBOROUGH , CITY OF TORONTO
  • N/A
  • N
  • Finished,Separate Entrance
  • Central Air
  • Fenced Yard,Library,Place Of Worship,Park,Public Transit,Rec./Commun.Centre
  • Municipal

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FAQ
  • What is the total square footage of the e13565974 - 167 Magnolia Avenue, Toronto, ON M1K 3K7?

    The total square footage of this property is 1500-2000 SqFt.

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