167 Magnolia Avenue Toronto, ON M1K 3K7
Listing Courtesy of: PropTX - IDX / Listed By: Rare Real Estate

  167 Magnolia Avenue Toronto, ON M1K 3K7

Active
$999,900 (CAD)
5
BED
3
BATH
1500-2000
SQFT

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.

MLS®:
E13565974
Taxes
$4,397(2026)
Type
Single-Family Home
Style
2-Storey
County
Toronto
Community
Kennedy Park

Listed By

Rare Real Estate
Source
PropTX - IDX
Last checked Jul 16 2026 at 2:09 AM GMT+0000
Bathroom Details
Interior Features
  • Water Heater
  • Carpet Free
  • Storage
  • Accessory Apartment
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Finished
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
Stories
  • 2
Location
   
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/15/26 19:09