167 Magnolia Avenue

Kennedy Park, Toronto, M1K 3K7

$939,900

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  • 4+1 bedrooms
  • 3 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 18 days ago · MLS® E13851328

About this home

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.

Details

Type
Detached
Style
2-Storey
Size
1500-2000 sq ft
Lot
30 × 109 ft
Basement
Finished, Separate Entrance
Garage
None
Kitchens
3
Property tax
$4,397 (2026)
Neighbourhood
Kennedy Park
Municipality
Toronto E04
Price per sq ft
$537 (30% below detached houses in Kennedy Park, $768)

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second), 1 × 4-piece (basement)
Rooms
6 above ground + 3 below
Family room or den
No
Fireplace
No
Features
Accessory Apartment, Carpet Free, Storage, Water Heater

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
West

Parking

Total parking
3
Driveway and parking
Private

Lot

Size
30 × 109 ft (rectangular)

More

Possession
FLEXIBLE
Nearby
Fenced Yard, Library, Place Of Worship, Park, Public Transit, Rec./Commun.Centre
Cross street
Danforth / Midland

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Kennedy Subway14 min walk
  • 🚇 Ionview LRT1.4 km
  • 🚆 Kennedy GO14 min walk

Within a 10-minute walk: 3 grocery stores, 7 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: Fu Yao Supermarket (350 m). Nearest park: Corvette Park (300 m).

Schools nearby

Elementary

  • Corvette Junior Public School
    EQAO: Gr 6 reading 71%, math 34%
    6 min walk
  • Norman Cook Junior Public School
    EQAO: Gr 6 reading 83%, math 57%
    12 min walk
  • St. Maria Goretti Catholic School Catholic
    EQAO: Gr 6 reading 68%, math 27%
    13 min walk
  • Walter Perry Junior Public School
    EQAO: Gr 6 reading 77%, math 41%
    15 min walk

Secondary

  • Scarborough Centre for Alternative Studies3 min walk
  • South East Year Round Alternative Centre4 min walk
  • Robert Service Senior Public School9 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M1K

Owners / renters
50% / 50%
Median household income
$72,500
Average age
41
Children under 15
16%
Homes
29% detached, 45% high-rise
Commute by transit
36%
Population
48,175

Languages spoken most at home besides English: Tamil 5%, Tagalog (Pilipino, Filipino) 4.3%, Bengali 4.1%, Yue (Cantonese) 2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Kennedy Park (2025): 59% above the Toronto average, about the same from the year before.

  • Assault98% above average
  • Break and enterabout average
  • Auto theftabout average
  • Robbery55% above average
  • Theft from vehicles90% above average
  • Shootings94% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 13 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Uxbridge Subdivision)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RS

Residential Semi-Detached (with a site-specific exception).

  • ✅ Up to 4 homes on the lot (multiplex)
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

22 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RARE REAL ESTATE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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