39 MAGNOLIA AVENUE, Toronto (Kennedy Park), Ontario, M1K3K3
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 39 MAGNOLIA AVENUE, Toronto (Kennedy Park), Ontario, M1K3K3
- Community Name: Kennedy Park
- Property Type: Single Family
- Title: Freehold
- Lot Size: 25 x 104 FT
- Acreage: 25 x 104 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Garage
- Total Parking Spaces: 3
- Maintenance Fee: 0.00
- Structure Style: House
- Style: Semi-detached
- Storeys: 2
- Floor Space: 1100 - 1500 sqft
- Bedrooms: 4 + 1
- Bathrooms: 3-Total
- Basement Type: N/A (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Flooring: Vinyl, Hardwood, Parquet, Ceramic
- Foundation Type: Brick
- Appliances Included: All, Dryer, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
| Type | Level | Dimensions |
|---|---|---|
| Bedroom 3 | Second level | 2.76 m x 2.55 m |
| Primary Bedroom | Second level | 4.08 m x 3.02 m |
| Bedroom 4 | Second level | 3.84 m x 3.02 m |
| Bedroom 2 | Second level | 2.97 m x 2.55 m |
| Media | Basement | 5.17 m x 3.02 m |
| Laundry room | Basement | 3.52 m x 2.61 m |
| Other | Basement | 3.07 m x 1.5 m |
| Eating area | Ground level | 2.77 m x 3.19 m |
| Kitchen | Ground level | 2.77 m x 2.5 m |
| Dining room | Ground level | 2.75 m x 3.6 m |
| Living room | Ground level | 4.14 m x 3.6 m |
Listing Office: RE/MAX GOLD REALTY INC.
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