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For saleMLS® E13851328

167 Magnolia Avenue, Toronto, ON M1K 3K7

Kennedy Park · E04 · M1K 3K7

$939,900

$627 / sq ft

1 months on market

Bedrooms
4+1
Bathrooms
3
Interior
1,500 sf
Parking
3
Lot
30 × 109 ft

What's special

  • 3 parking spaces
  • Central air
  • Separate entrance
  • Accessory apartment
  • Carpet free
  • Storage
  • Water heater

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About this property

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.

Features

  • Accessory Apartment
  • Carpet Free
  • Storage
  • Water Heater

Property details

Property

Property type
detached
Bedrooms
4 + 1
Bathrooms
3
Interior size
1,500 sq ft
Lot size
30 × 109 ft
Possession
FLEXIBLE

Interior

Basement
Finished, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
3
Sewer
Sewer

Costs

List price
$939,900
Property taxes
$4,397 / year (2026)
Price per sq ft
$627
Rental items
HWT (2025) - $36

Listing

MLS® number
E13851328
Status
For sale
Listed
October 1, 2026
Days on market
34
Last updated
October 26, 2026
Listing brokerage
RARE REAL ESTATE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 47% of comparable detached listings in Kennedy Park are asking less.

$799KMedian $950K$1.38M
This home
$627 / sq ft
Comparable median
$908 / sq ft

Based on 15 comparable active detached listings in Kennedy Park. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.3% · minimum $68,990
$68,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,815.41
Property tax (est.)
$366.39
Estimated monthly
$5,182

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$15,273
Toronto municipal
$15,273
Total due on closing
$30,546

An estimate on the asking price of $939,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RARE REAL ESTATE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$939,900

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