167 Magnolia Avenue, Toronto, ON M1K 3K7
Kennedy Park, Toronto · Near Danforth / Midland · View map
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 6
- Basement
- Finished, Separate Entrance
- Lot size
- 30 x 109 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $4,397/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- FLEXIBLE
- Cross street
- Danforth / Midland
- Neighbourhood
- Kennedy Park
More
- Price per sq ft
- ~$537 (at 1,750 sq ft)
- MLS® number
- E13851328
No matching details. Ask Will instead
The home and its surroundings
- Accessory Apartment
- Carpet Free
- Storage
- Water Heater
- Fenced Yard
- Library
- Place Of Worship
- Park
- Public Transit
- Rec./Commun.Centre
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
167 Magnolia Avenue, Toronto, ON M1K 3K7
Kennedy Park, Toronto · Near Danforth / Midland
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 167 Magnolia Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 167 Magnolia Avenue
Answers come straight from this home’s MLS® listing.
How much is 167 Magnolia Avenue listed for, and what would it cost each month?
167 Magnolia Avenue is listed for $939,900. With 20% down ($187,980), the mortgage payment would be roughly $3,791 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,158 a month, all in. That figure is an illustration, not a quote.
Is 167 Magnolia Avenue freehold or a condo, and is there a monthly fee?
167 Magnolia Avenue is a 2-storey detached home in Kennedy Park, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 167 Magnolia Avenue have?
167 Magnolia Avenue has 4 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.
Does 167 Magnolia Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 167 Magnolia Avenue have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 167 Magnolia Avenue?
167 Magnolia Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 167 Magnolia Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30 x 109 ft.
How is 167 Magnolia Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 167 Magnolia Avenue?
Property taxes are $4,397 a year (2026), or about $366 a month.
Where is 167 Magnolia Avenue?
167 Magnolia Avenue is in the Kennedy Park community of Toronto. The nearest main intersection is Danforth / Midland. The postal code is M1K 3K7.
Is 167 Magnolia Avenue still for sale?
Yes. It is an active listing (MLS® E13851328). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 167 Magnolia Avenue asking?
Similar detached homes for sale nearby right now include 102 Magnolia Avenue at $1,049,900 (4+2 bed), 68B Laurel Avenue at $949,900 (3+1 bed) and 4 Linden Avenue at $1,099,000 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 167 Magnolia Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 167 Magnolia Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Kennedy Park, picked by style, size and price.
2-storey detached home$1,049,900102 Magnolia Avenue, Toronto4+2 bed · 4 bath · Kennedy ParkCourtesy of: REALTY 21 INC.View home →
2-storey detached home$949,90068B Laurel Avenue, Toronto3+1 bed · 3 bath · Kennedy ParkCourtesy of: REAL ESTATE ADVISORS INC.View home →
2-storey detached home$1,099,0004 Linden Avenue, Toronto5+2 bed · 3 bath · Kennedy ParkCourtesy of: RE/MAX ACE REALTY INC.View home →Courtesy of: RARE REAL ESTATE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.