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DetachedOpen house

167 Magnolia Avenue

Kennedy Park · Scarborough, M1K 3K7

$939,900

Beds
4+1
Baths
3
Size
1,500-2,000 ft²
Type
Detached
Listed
25 days
MLS®
E13851328

Open house

  • Saturday, October 31, 2:00 pm to 4:00 pm
  • Sunday, November 1, 2:00 pm to 4:00 pm

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About this home

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.

Property details

MLS® number
E13851328
Property type
Detached
Style
2-Storey
Bedrooms
4+1
Bathrooms
3
Kitchens
3
Interior size
1,500-2,000 ft²
Lot
30 × 109 ft
Basement
Finished, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Parking
3 total
Exterior
Brick
Property taxes
$4,397 (2026)
Possession
FLEXIBLE
Cross street
Danforth / Midland
Community
Kennedy Park
City
Scarborough

Location

Kennedy Park · Scarborough, near Danforth / Midland

167 Magnolia Avenue, Scarborough

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$4,162per month

$187,980 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Scarborough

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