Toronto (Kennedy Park)
167 Magnolia Avenue
Sat, Oct 31 · 2:00 to 4:00 PM
Sun, Nov 1 · 2:00 to 4:00 PM
Listing courtesy of RARE REAL ESTATE · MLS® E13851328
About this home
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.
Jai Mession, Salesperson, The Agency, Brokerage · 31 Scarsdale Rd, Unit 6, North York, ON M3B 3R8 · 416 847 5288 · 647 887 9867. This website is operated by a salesperson who is a member of The Canadian Real Estate Association. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing information from CREA's DDF®, believed reliable but not guaranteed. Terms of use.