1 / 15167 MAGNOLIA AVENUE
Toronto (Kennedy Park), Ontario, M1K3K7
$939,900
Bedrooms
5
Bathrooms
3
Parking
3
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. (id:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Fencing
- Fenced yard
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2
- Basement
- Finished, Separate entrance, N/A, N/A
- Utilities
- Sewer, Electricity, Cable
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Directions
- Danforth / Midland
- Fireplace
- No
- Lot features
- Carpet Free
- Water source
- Municipal water
- Structure type
- House
- Parking features
- No Garage
- Tax annual amount
- 4,396.69
- Exterior features
- Brick
- Community features
- Community Centre
- Foundation details
- Concrete
- Lot size dimensions
- 30 x 109 FT
- Bedrooms above grade
- 4
- Bedrooms below grade
- 1
- Property attached
- No
More in Toronto
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 data is provided by the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by CREA.