167 Magnolia Avenue
About this property
Full 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. Upper unit is vacant, remaining two units have signed N11's so can request vacant possession. 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
Property details
| MLS® Number | E13851328 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 1,500 sq ft |
| Beds / Baths | 5 bed · 3 bath |
| Neighbourhood | Kennedy Park |
| City | Dorset Park / Kennedy Park |
| Postal Code | M1K 3K7 |
| Province | ON |
| Listed Date | October 1, 2026 |
| Days on Market | 1 |
| Price per Sq Ft | $627 |
| Brokerage | RARE REAL ESTATE |
Location
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