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Active Detached For Sale 63 DOM · sitting
$999,900
MLS® E13565974

167 Magnolia Avenue, Toronto, ON M1K 3K7

Toronto E04 · Kennedy Park · M1K 3K7
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Triplex generating $4,650/month rent in Kennedy Park—turnkey cash flow at $999,900 asks smart pricing for this yield.
4+1
Beds
3
Baths
1500-2000
Sqft
3
Parking

About this home

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.

📋 Property summary 8 details
Property Type
Detached
Style
['2-Storey']
Square Footage
1500-2000
Days on Market
63 days
Annual Taxes
$4,396
Lot Size
30.0' × 109.0'
Community
Kennedy Park
Parking
3.0 spaces
🏠 Interior 4 features
Basement
Finished, Separate Entrance
Interior features
Accessory ApartmentCarpet FreeStorageWater Heater
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
🌳 Lot & land
Frontage
30.0 ft
Depth
109.0 ft
Shape
Rectangular
Source
MPAC
📦 Inclusions & exclusions
Included with sale

3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.

Excluded from sale

Tenant's belongings

📃 Listing details
MLS® Number
E13565974
Days on Market
63 days
Possession
Flexible
Listing Brokerage
RARE REAL ESTATE

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Toronto

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$999,900
167 Magnolia Avenue, Toronto, ON M1K 3K7
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 167 Magnolia Avenue, Toront... is priced fairly, over, or under.

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