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39 Magnolia Avenue Toronto, Ontario M1K 3K3

5 Bedroom 3 Bathroom 1100 - 1500 sqft
Central Air Conditioning Forced Air

$799,800

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. (id:60365)

Property Details

MLS® Number E13502322
Property Type Single Family
Community Name Kennedy Park
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances All, Dryer, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
BasementDevelopment Finished
BasementFeatures Walk Out
BasementType N/a (finished)
ConstructionStyleAttachment Semi-detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Hardwood, Vinyl, Parquet, Ceramic
FoundationType Brick
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type House
UtilityWater Municipal Water

Parking

Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 104 Ft
SizeFrontage 25 Ft
SizeIrregular 25 X 104 Ft
SizeTotalText 25 X 104 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.08 m x 3.02 m
Second Level Bedroom 2 2.97 m x 2.55 m
Second Level Bedroom 3 2.76 m x 2.55 m
Second Level Bedroom 4 3.84 m x 3.02 m
Basement Other 3.07 m x 1.5 m
Basement Media 5.17 m x 3.02 m
Basement Laundry Room 3.52 m x 2.61 m
Ground Level Living Room 4.14 m x 3.6 m
Ground Level Dining Room 2.75 m x 3.6 m
Ground Level Kitchen 2.77 m x 2.5 m
Ground Level Eating Area 2.77 m x 3.19 m

https://www.realtor.ca/real-estate/29967802/39-magnolia-avenue-toronto-kennedy-park-kennedy-park

Pankaj Arora
Salesperson


RE/MAX Gold Realty Inc.
2720 North Park Drive #201
Brampton, Ontario L6S 0E9

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