167, Magnolia, Kennedy Park, Toronto, Residential Freehold
- 5 beds |
- 3 baths |
- 1500-2000 SQFT
Description
Residential Freehold Detached For Sale.
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.
Property Features: Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.Centre
Interior Features: Accessory Apartment, Carpet Free, Storage, Water Heater
Cross Street: Danforth / Midland
Direction Faces: West
Key Facts
- Days on: 67 days
- Mls Status: New
- Bedrooms Total: 5
- Bedrooms Below Grade: 1
- Bedrooms Above Grade: 4
- Bathrooms Total Integer: 3
- Lot Width: 30.00
- Kitchens Total: 3
- Parking Total: 3
- Parking Spaces: 3
- Parking Features: Private
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 1500-2000 Square Feet
Location 167, Magnolia, Kennedy Park, Toronto
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