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About the Listing 384200 -
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
E13565974
Year Built
Total Square Footage
1,500
Lot/Acreage
0.08
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance
- Other: Accessory Apartment,Carpet Free,Storage,Water Heater,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Fenced Yard,Library,Place Of Worship,Park,Public Transit,Rec./Commun.Centre
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $4,397
- Taxes w/Assessments: N/A
- Tax/Property ID: 064940009
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
167 Magnolia Ave Toronto, ON M1K 3K7
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