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39 Magnolia AVE Toronto E04, ON M1K 3K3
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto E04
Subdivision Kennedy Park
MLS Listing ID E13502322
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,536
Tax Year 2025
Property Sub-Type Semi-Detached
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.
Location
State ON
County Toronto
Community Toronto E04
Area Toronto
Rooms
Family Room No
Basement Finished with Walk-Out
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 25.0
Lot Depth 104.0
Total Parking Spaces 3
Building
Foundation Brick
Others
ParcelsYN No
Listed by RE/MAX GOLD REALTY INC.
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