39 Magnolia Avenue, Toronto, Ontario, Canada, M1K3K3
749,000
for Sale
4 + 1
3
1100-1500
About the property:
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.
Extra info:
Fridge, Stove, Hood Fan, Washer, Dryer. Furnace (2018), A/C. All Electrical Light Fixtures. All Existing Window Coverings. All Appliances As-Is.
Semi-Detached
semi-detached
- Property Type:
- Semi-Detached
- Status:
- for Sale
- House Style:
- semi-detached
- Bedrooms:
- 4 + 1
- Bathrooms:
- 3
- Land Size:
- 25 x 104 FT
- Central A/C:
- Yes
- Garage/Parking Type:
- Available
- Garage Spaces:
- 1
- Parking Places:
- 3
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
- Cross Street:
- Midland Ave/ Danforth Rd.
- Exterior:
- Brick
- Basement:
- Finished wit, Finished wit
- Fronting On:
- E
- Annual Property Taxes:
- 3,536.67
- Listing ID:
- E13719368
Rooms
Dimensions
Ground
- Breakfast
- 2.77m x 3.19m Vinyl Floor W/O To Garage
- Living Room
- 4.14m x 3.6m Hardwood Floor Formal Rm
- Dining Room
- 2.75m x 3.6m Hardwood Floor Formal Rm
- Kitchen
- 2.77m x 2.5m Vinyl Floor Backsplash
Basement
- Laundry
- 3.52m x 2.61m Ceramic Floor 3 Pc Ensuite
- Media Room
- 5.17m x 3.2m Parquet Formal Rm
- Other
- 3.7m x 1.5m Vinyl Floor Formal Rm
Second
- Bedroom 4
- 3.84m x 3.2m Hardwood Floor Closet
- Bedroom 3
- 2.76m x 2.55m Hardwood Floor Closet
- Bedroom 2
- 2.97m x 2.55m Hardwood Floor Closet
- Primary Bedroom
- 4.8m x 3.2m Hardwood Floor Closet
Brokered by:
RE/MAX Gold Realty Inc.
Source: TRREB/PROPTX
Presented By: