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.
About this home
Photos of 167 Magnolia Avenue
Facts and features of 167 Magnolia Avenue
| Type | Detached |
|---|---|
| Style | 2-Storey |
| Bedrooms | 4 + 1 |
| Bathrooms | 3 |
| Size | 1500-2000 sq ft |
| Lot | 30 x 109 Feet |
| Parking | 3 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Finished, Separate Entrance |
| Exterior | Brick |
| Taxes | $4,397 (2026) |
| Days on market | 28 |
| Listing brokerage | RARE REAL ESTATE |
Around this home
What’s near 167 Magnolia Avenue
From 167 Magnolia Avenue, the nearest TDSB elementary school is Corvette Junior Public School, about 450 m away.
Schools
- Corvette Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 71% · Gr 6 math 34% about 450 m
- Norman Cook Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 83% · Gr 6 math 57% about 800 m
- Robert Service Senior Public School TDSB middle school · 7-8 about 550 m
- St Maria Goretti Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 68% · Gr 6 math 27% about 850 m
- Scarborough Centre for Alternative Studi TDSB secondary · 9-12 about 250 m
- St Joan of Arc Catholic Academy Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 53% · Gr 10 literacy 69% about 1.3 km
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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167 Magnolia Avenue
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Royal LePage Terrequity Seymour Real Estate, Brokerage. Independently owned and operated.
MLS® E13851328 Data source: PropTx Listed October 1, 2026
