167 MAGNOLIA AVENUE, Toronto (Kennedy Park)
$999,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® E13565974
- Neighbourhood
- Kennedy Park
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.
Sold data
Detached homes in Toronto (Kennedy Park) — recent sold market
Detached homes in Toronto (Kennedy Park) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
- Median days to sell
- 19
- Median sale price
- $1,199,000
- Sale-to-list ratio
- 96.9%
- Sold above asking
- 24%
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Kennedy Park)
Toronto (Kennedy Park) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
- Rated schools
- 529
- Elementary
- 425
- Secondary
- 104
- Average rating
- 6.2 / 10
Top-rated schools in Toronto (Kennedy Park)
- Cottingham — elementary, TorontoFraser rating 10.0/10
- High Park Alternative — elementary, TorontoFraser rating 10.0/10
- Northmount — elementary, TorontoFraser rating 10.0/10
- Sathya Sai — elementary, TorontoFraser rating 10.0/10
- St Michael's Choir — secondary, TorontoFraser rating 10.0/10
- St Sebastian — elementary, TorontoFraser rating 10.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 167 MAGNOLIA AVENUE
$995,000
Detached5+131,500–2,000 sqft24 LALTON PLACE, Guildwood, Toronto
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Detached5+231,100–1,500 sqft103 FAWCETT TRAIL, Malvern, Toronto
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Detached5+131,500–2,000 sqft30 ALLISTER AVENUE, Cliffcrest, Toronto
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Detached432,000–2,500 sqft22 WHITE HEATHER BOULEVARD, Agincourt North, Toronto
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Detached5+22700–1,100 sqft64 LAUREL AVENUE, Kennedy Park, Toronto
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Detached5+221,100–1,500 sqft84 ALLANFORD ROAD, Tam O'Shanter-Sullivan, Toronto
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Detached5+131,500–2,000 sqft80 GRAY AVENUE, Rockcliffe-Smythe, Toronto
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Detached4+131,100–1,500 sqft26 APPLEFIELD DRIVE, Bendale, Toronto