For sale · Detached · 2-Storey
167 Magnolia Avenue.
Kennedy Park, Toronto, ON M1K 3K7
Buyer's market
House market in Kennedy Park. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 16 days. Market data
Sales-to-new-listings ratio, last 3 months: 40%
Months of supply: 4.2
What it means
- Buyer's market in Kennedy Park: houses take about 16 days to sell.
- About 4.2 months of houses for sale in Kennedy Park at the current pace of sales.
At a glance
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.
Home details
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The homeproperty type, style, size, heating
- Property type
- Detached
- Style
- 2-Storey
- Size
- 1,500–2,000 sq ft
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished, Separate Entrance
- Lot size
- 30 × 109 feet
- Possession
- Flexible
Parking and storageparking, garage
- Parking
- 3
- Garage
- None
Fees and taxesproperty taxes, price per sq ft
- Property taxes
- $4,397 (2026)
- Price per sq ft
- $537
What is includedAppliances and fixtures
3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members8 similar detached houses sold in Kennedy Park in the last 12 months.
Sales activity nearby
Number of similar detached houses sold each quarter.
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Sale and listing history
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The area
Listing brokerage · MLS® E13851328Rare Real EstateData last updated Oct 26, 2026 6:29 pm.
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