167 Magnolia Ave, Toronto, Ontario, M1K 3K7
Description
FULLY VACANT, 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. 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.
Home Details
List Date
2026-09-30
Style
2-Storey
Type
Detached
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
4+1
Bathrooms
3
Heating
Forced Air
Cooling
-
Parking
3 Spaces
Appliances & Equipment
Inclusions
3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.
Exterior
Construction
Brick
Water & Sewer
Municipal
Lot Size
30 x 109 Feet
Garage
None
Taxes
$4K (2026)
Listing Brokerage
Brokerage Name
RARE REAL ESTATE
Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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