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39 MAGNOLIA AVENUE — photo 1 of 161 / 16

39 MAGNOLIA AVENUE

Toronto (Kennedy Park), Ontario, M1K3K3

$779,800

Bedrooms

5

Bathrooms

3

Parking

3

About this property

A smart opportunity for investors, first-time buyers, or families looking to offset monthly carrying costs with strong rental income potential. Set on a 25' x 104' lot, this semi detached 2-storey home offers 4+2 bedrooms, 3 bathrooms, and approx. 1,360 sq. ft. above grade, providing a versatile layout for both end-users and income-focused buyers. The main floor features an updated kitchen, while renovated bathrooms add a fresh, modern touch throughout. The lower level includes two additional bedrooms, offering excellent flexibility for extended family use or additional rental income potential. With rental income reported by the seller at approximately $6,500 per month, this property presents an attractive option for buyers looking to reduce their monthly payments while building equity in a convenient Toronto location. Walkable to schools, trails, transit, shops, and everyday amenities, this well-kept home combines practical updates, strong functionality, and income-generating potential in one complete package. Buyer to verify rental income, measurements, and permitted use. (id:66779)

Rooms

Eating areaGround level
Bedroom 3Second level
MediaBasement
Primary BedroomSecond level
KitchenGround level
Bedroom 4Second level
Bedroom 2Second level
Dining roomGround level
Living roomGround level
Laundry roomBasement
OtherBasement

Details

Sewer
Sanitary sewer
Cooling
Central air conditioning
Heating
Forced air, Natural gas
List aor
Toronto
Stories
2
Basement
Finished, Walk out, N/A
Flooring
Hardwood, Parquet, Ceramic, Vinyl
Appliances
All, Washer, Refrigerator, Stove, Dryer, Hood Fan, Window Coverings
Directions
Midland Ave/ Danforth Rd.
Fireplace
No
Water source
Municipal water
Structure type
House
Parking features
Garage
Tax annual amount
3,536.67
Exterior features
Brick
Foundation details
Brick
Lot size dimensions
25 x 104 FT
Bedrooms above grade
4
Bedrooms below grade
1
Property attached
Yes

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