167 Magnolia Avenue

ActiveDorset Park / Kennedy Park · Kennedy Park22 days on marketMLS® E13565974
$999,900
$667 / sq ft
Bedrooms5
Bathrooms3
Interior1,500 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market22

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberE13565974
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size1,500 sq ft
Beds / Baths5 bed · 3 bath
NeighbourhoodKennedy Park
CityDorset Park / Kennedy Park
Postal CodeM1K 3K7
ProvinceON
Listed DateJuly 15, 2026
Days on Market22
Price per Sq Ft$667
BrokerageRARE REAL ESTATE

Location

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Listed by RARE REAL ESTATE