Home · Buy · Toronto E04 · 39 Magnolia Avenue, Toronto, ON M1K 3K3

For Sale · Semi-Detached

39 Magnolia Avenue, Toronto, ON M1K 3K3

Toronto E04 · Kennedy Park

New listing2-StoreyFinished with Walk-Out basementBuilt-In garageEast exposure

4 + 1

Beds

Baths

Parking

1100-1500

Sq ft

—

Built

The honest picture

List price

$779,800

Renavu Estimate

—

Benchmark · 2-Storey Semi / Att

$737,800

Listed 6% above the Kennedy Park benchmark for 2-storey semi / att homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

A smart opportunity for investors, first-time buyers, or families looking to offset monthly carrying costs with strong rental income potential. Set on a 25' x 104' lot, this semi detached 2-storey home offers 4+2 bedrooms, 3 bathrooms, and approx. 1,360 sq. ft. above grade, providing a versatile layout for both end-users and income-focused buyers. The main floor features an updated kitchen, while renovated bathrooms add a fresh, modern touch throughout. The lower level includes two additional bedrooms, offering excellent flexibility for extended family use or additional rental income potential. With rental income reported by the seller at approximately $6,500 per month, this property presents an attractive option for buyers looking to reduce their monthly payments while building equity in a convenient Toronto location. Walkable to schools, trails, transit, shops, and everyday amenities, this well-kept home combines practical updates, strong functionality, and income-generating potential in one complete package. Buyer to verify rental income, measurements, and permitted use.

Property details

Listed on

July 24, 2026

Days on market

0 days

Property tax

$3,536.67 (2025)

Lot

25 × 104 Feet

Style

2-Storey

Heating

Forced Air

Cooling

Central Air

MLS®

E13601962

Full details

Parking

GarageBuilt-In

Total parking3

Parking featuresAvailable

Room dimensions

Room	Level	Dimensions	Features
Breakfast	Ground	2.77 × 3.19	Vinyl Floor, W/O To Garage
Bedroom 3	Second	2.76 × 2.55	Hardwood Floor, Closet
Media Room	Basement	5.17 × 3.02	Parquet, Formal Rm
Primary Bedroom	Second	4.08 × 3.02	Hardwood Floor, Closet
Kitchen	Ground	2.77 × 2.5	Vinyl Floor, Backsplash
Bedroom 4	Second	3.84 × 3.02	Hardwood Floor, Closet
Bedroom 2	Second	2.97 × 2.55	Hardwood Floor, Closet
Dining Room	Ground	2.75 × 3.6	Hardwood Floor, Formal Rm
Living Room	Ground	4.14 × 3.6	Hardwood Floor, Formal Rm
Laundry	Basement	3.52 × 2.61	Ceramic Floor, 3 Pc Ensuite
Other	Basement	3.07 × 1.5	Vinyl Floor, Formal Rm

Property & sold history

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See this home's sale & listing history

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Run the numbers

True cost to close

What you actually need in cash — land transfer tax, closing costs, and your down payment.

Purchase price

Down payment · 6.8%

Down:or type any amount above

This price requires at least 6.8% down (5% on the first $500K, 10% above).

Property is in the City of TorontoFirst-time buyer

Legal fees

Title insurance

Home inspection

Ontario land transfer tax$12,071

Toronto municipal LTT$12,071

Legal · title · inspection$2,800

Closing costs$26,942

Down payment$52,980

Total cash to close$79,922

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.