167 Magnolia Ave
Toronto, ON M1K 3K7
For more information on this listing, contact us at: (647) 360-2908
Active
$939,900
167 Magnolia Ave Toronto, ON M1K 3K7
Detached
Property Type
5
Beds
3
Baths
Full 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. Upper unit is vacant, remaining two units have signed N11's so can request vacant possession. 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.
MLS #
E13851328
Monthly Assoc. Fee
N/A
On Site
3 Days
Last Updated
10/1/2026
Location
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
167 Magnolia Ave, Toronto, ON M1K 3K7
Area
Toronto
City
Toronto
Community
Kennedy Park
Postal Code
M1K 3K7
Municipality
Toronto E04
Architecture
Bedrooms
5
Bathrooms
3
Stories
2
Style
2-Storey
Construction Materials
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Basement
Finished, Separate Entrance
Features / Amenities
Interior Features
Accessory Apartment, Carpet Free, Storage, Water Heater
Kitchens Total
3
+ Bedrooms
1
Direction Faces
West
Parking Features
Private
Parking Spaces
3
Cooling
Central Air
Heat Type
Forced Air
Heat Source
Gas
Property Features
Property Features
Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.Centre
Sq. Ft.
1500-2000
Sewer
Sewer
Directions
Danforth / Midland
Tax and Financial Info
Tax Annual Amount
$4,396.69
Tax Year
2026
Listing Office
Listing provided courtesy of Rare Real Estate.
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Listing Information Last Updated 10/1/2026
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