Home · Buy · Toronto E04 · 167 Magnolia Avenue, Toronto, ON M1K 3K7
For Sale · Detached
167 Magnolia Avenue, Toronto, ON M1K 3K7
Toronto E04 · Kennedy Park
◷62 days on market
2-StoreyFinished, Separate Entrance basement3 driveway · 3 total garageWest exposure
4 + 1
Beds
3
Baths
3
Parking
1500-2000
Sq ft
—
Built
The honest picture
List price
$999,900
★ Renavu Estimate
$982,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction
Asking $999,900 · recent comparable sales here vary too widely to quote a range · homes here sell at about 98% of ask (25 recent sales). Our estimate weighs both.
Benchmark $878,000
Typical low · $834,000Typical high · $922,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for 2-storey detached homes in Kennedy Park (TRREB HPI, August 2026), a market reference — not this home's exact value.
About this home
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 details
Listed on
July 15, 2026
Days on market
62 days
Property tax
$4,396.69 (2026)
Lot
30 × 109 Feet
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
E13565974
Full details
Parking
GarageNone
Driveway3
Total parking3
Parking featuresPrivate
Property & sold history
Listing history
Date Start
Date End
Price
Status
Listing ID
July 15, 2026
—
$999,900
For Sale
E13565974
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.5% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$16,473
Toronto municipal LTT$16,473
Legal · title · inspection$2,800
Closing costs$35,746
Down payment$199,980
Total cash to close$235,726
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$999,900
Neighbourhood market
The Kennedy Park market
How homes are selling here right now — sold data for July 2026.
Buyer's marketAll home types in Kennedy Park · 27 sales over 3 months
Buyer'sBalancedSeller's
Homes in Kennedy Park are taking around 34 days to sell, and going for about 97.2% of asking. There is usually room to negotiate.
You're looking at real recent sales near here. Sign in free to reveal the sold prices, addresses and photos — sold data is protected under TRREB rules.
