Natasha
Travis
Learie
167 Magnolia Avenue - $999,900
167 Magnolia Avenue - $999,900
167 Magnolia Avenue
$999,900
Kennedy Park
Toronto Kennedy Park, OntarioM1K3K7
5 beds
3 baths
3 parking
MLS#: E13565974Listed: 5 days agoUpdated:1 day ago
Description
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. (id:63050)Details
Details for 167 Magnolia Avenue, Toronto Kennedy Park, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2
- Neighborhood
- Kennedy Park
- Land Size
- 30 x 109 FT
- Year Built
- -
- Annual Property Taxes
- $4,397
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Rooms
- -
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Separate entrance, N/A, N/A
Building
- Architecture Style
- -
- Direction
- Danforth / Midland
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 30 x 109 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 3
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- Community Centre
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 167 Magnolia Avenue, Toronto Kennedy Park, OntarioMap
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