39 Magnolia Avenue, Toronto, ON M1K 3K3
Toronto E04, ON, M1K 3K3 · Kennedy Park
About this property
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.
Features & Amenities
- Basement: Finished with Walk-Out
- Garage: Built-In
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Semi-Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Basement | Finished with Walk-Out |
| Garage | Built-In |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,537 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Brick
- Roof
- Shingles
- Basement
- Finished with Walk-Out
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Built-In
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 3.00
- Parking Features
- Available
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 104.00
- Lot Width
- 25.00
Financial & Tax
- Tax Annual Amount
- $3,537
- Tax Year
- 2025
- Possession Type
- 30-59 days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Midland Ave/ Danforth Rd.
- Directions
- Midland Ave/ Danforth Rd.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
39 Magnolia Avenue, Toronto, ON M1K 3K3, Toronto E04, ON, M1K 3K3