39 Magnolia Avenue, Toronto, ON M1K 3K3

$779,800
5
BD
3
BA
1,100
SqFt

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List Price
$779,800
MLS#
E13601962
Status
ACTIVE
Type
Single Family Residential
SubType
Semi-Detached
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Kennedy Park
Subdivision
Midland Ave/ Danforth Rd.

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.

Additional Information

Taxes
$3,536
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Garage Spaces
1
Garage Type
Built-In
Pool
None
Parking Spaces
3
Parking Type
Available

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX GOLD REALTY INC..