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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

3 Baths

Save

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto E04

Subdivision Kennedy Park

MLS Listing ID E13565974

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,396

Tax Year 2026

Property Sub-Type Detached

Property Description

Full brick, turnkey three-unit (triplex) investment property in high-demand Kennedy Park, offering immediate cash flow with real flexibility for the next owner. The property currently generates approximately $4,650 per month in gross rent, across three units, each with its own kitchen: a 2-bedroom upper floor, a 2-bedroom main floor, and a 1-bedroom basement suite, each with a 3-piece bathroom. Investors/Buyers can assume the existing tenants (all month to month leases) for instant income or request vacant possession with a 60+ day closing to move in or re-lease at full market rent. Roof (2025), HWT (2025), Furnace (2016), AC (2016) Coin operated laundry generates approximately $150/month. Steps from Greystone Plaza at Danforth and Midland and Kennedy Park Plaza, minutes to Kennedy Station on the subway and Scarborough lines, Eglinton GO, with schools, parks, and community centres all close by. A strategic, income-producing property in one of Scarborough's most connected and in-demand pockets, making it suitable for any investment portfolio. Financials attached to listing.

Location

Province ON

County Toronto

Community Toronto E04

Area Toronto

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Carpet Free, Storage, Water Heater

Cooling Central Air

Inclusions 3 Fridges, 3 Stoves, Dryer/Washer (Coin Operated). All Light Fixtures.

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 109.0

Total Parking Spaces 3

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RARE REAL ESTATE

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+1(647) 493-3579

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167 Magnolia AVE Toronto E04, ON M1K 3K7