167 Magnolia Avenue, Toronto (Kennedy Park), Ontario M1K3K7
Listing courtesy of RARE REAL ESTATE.
- $939,900
- 5
- BD
- 3
- BA
- List Price
- $939,900
- Status
- ACTIVE
- Days on Market
- 26
- MLS® #
- TorontoRegionalRealEstateBoard-E13851328
- Bedrooms
- 5
- Bathrooms
- 3
- Subdivision
- Kennedy Park
- Neighborhood
- Kennedy Park
- MLS Area Major
- Kennedy Park
Property 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. (id:5764)
Additional Information
- Exterior Features
- Brick
- Taxes
- $4,396
- Community Features
- Kennedy Park
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Heating
- Forced air, Natural gas
- Air Conditioning
- Central air conditioning
- Stories
- 2
- Foundation
- Concrete
- Parking Features
- No Garage
