39 Magnolia Avenue
Kennedy Park, Toronto, M1K 3K3
FOR SALE
$799,800

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Property Description
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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2023-03-30 | 2023-04-06 | 7 | $799,000 | $940,000 |
| 2016-02-19 | 2016-02-23 | 4 | $549,900 | $572,000 |
| 2000-10-24 | 2001-01-08 | 76 | $229,900 | $215,000 |
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Property Features
Other, Available
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Property Details
Address
39 Magnolia Avenue
Community
City
Postal Code
M1K 3K3
Property Type
Semi-Detached , Semi-Detached
Lot Size
25' x 104'
Taxes
$3,537 (2025
Basement
Finished with Walk-Out
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Built-In
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Listing contracted with Re/Max Gold Realty Inc.
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