167 Magnolia Avenue
Scarborough (Kennedy Park), ON M1K 3K7
- 4+1Bedrooms
- 3Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $4,397Tax
- 30×109 ftLot Size
Estimated Value:$934,019See Free Estimate Report
Sale & Price History for 167 Magnolia Avenue, Scarborough, Kennedy Park
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 167 Magnolia Avenue, Scarborough, Kennedy Park
Summarized Description
- Triplex with three rental units generating $4,650/month.
- Vacant upper unit offers flexibility for new owner.
- Each unit has separate kitchen and 4-piece bathroom.
- Located in high-demand Kennedy Park area.
- Coin-operated laundry adds extra income.
- Close to subway and community amenities.
- Recent roof and hot water tank upgrades.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,397
- Land Transfer Tax Fee
- $30,546
Rental Items
- Rental Equipment
- HWT (2025) - $36
- Basement Type
- Finished, Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Accessory Apartment, Carpet Free, Storage, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.Centre
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 30.00 ft
- Lot Depth
- 109.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.
Exclusions
- Exclusions
- Tenant's belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 4 + 1
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 4-piece, Main
- 4-piece, Second
- 4-piece, Basement
- Municipality
- Scarborough
- Neighbourhood
- Kennedy Park
- Main cross streets
- Danforth / Midland
- Directions
- Danforth / Midland
- MLS® number
- E13851328
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-30
- Updated on
- 2026-10-01
- Days on market
- 15 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RARE REAL ESTATE
Home Market Value
Current home valuation for 167 Magnolia Avenue, Scarborough, Kennedy Park, Scarborough, ON. Listed for $939,900
HOMEH Estimate
$934,019
Estimated Sales Range
$737,875 - $1,130,163
HOMEH Estimate for 167 Magnolia Avenue, Scarborough, Kennedy Park
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $439,900 over $500K
$68,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $34,814 | $26,223 | $22,370 | $0 |
=Total mortgage | $905,161 | $872,133 | $821,285 | $751,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,419monthly | $4,258monthly | $4,010monthly | $3,671monthly |
Land Transfer Tax
$15,273
$15,273
$30,546
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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