39 Magnolia Avenue, Toronto - Listed at $699,000. | Modern Solution Realty

39 Magnolia Avenue, Toronto

39 Magnolia Avenue in Toronto - 5 bedroom, 3 bathroom. Listed at $699,000.

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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1300 sqft
  • Basement: Finished with Walk-Out
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 3 spaces
  • Property Taxes: $3,536.67/yr
  • Neighbourhood: Kennedy Park
  • Postal Code: M1K 3K3

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