167 MAGNOLIA AVENUE, Toronto (kennedy Park), ON M1K3K7
167 MAGNOLIA AVENUE, Toronto (kennedy Park), ON M1K3K7
167 MAGNOLIA AVENUE, Toronto (kennedy Park), ON M1K3K7
167 MAGNOLIA AVENUE, Toronto (kennedy Park), ON M1K3K7
167 MAGNOLIA AVENUE, Toronto (kennedy Park), ON M1K3K7
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$ 999,900
Est. payment | /mo

5 Beds

3 Baths

1,500 SqFt


Save
$ 999,900
Est. payment | /mo
Save

5 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $666

Subdivision Kennedy Park

MLS® Listing ID E13565974

Bedrooms 5

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fenced yard

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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167 MAGNOLIA AVENUE