$799,800Asking Price
39 Magnolia Avenue, Toronto, ON M1K 3K3
Kennedy Park, Toronto
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.
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.
See MoreKey Info
- 2-Storey Semi-Detached
- 2-Car Driveway
- 1-Car Built-In Garage
- Midland Ave/ Danforth Rd.
- 1100-1500 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 25 x 104 Feet
- Brick Exterior
- Taxes were $3,536 in 2025
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #E13502322
- RE/MAX GOLD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 9.09' x 8.20' | Vinyl Floor, Backsplash |
| 2 | Breakfast | Ground | 9.09' x 10.47' | Vinyl Floor, Walkout To Garage |
 | 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Main Floor | |||
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Who lives here?
Kennedy Park, Toronto is an east Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from the Philippines and Bangladesh, and Tagalog and Bengali speakers. Residents tend to be older with a significant number of babies, kids aged 10 to 14, youth aged 15 to 19, adults aged 50 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.4
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
53%
of residents are
single and loving it.
53% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
50%
of residents
are renters.
50% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
31%
of residents are
university grads.
31% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$82K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 19% |
| Business | 9% |
| Trades | 8% |
| Government | 6% |
| Health | 4% |
Immigrants
56%
of residents were
born outside of Canada.
56% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
12.6% from Philippines
All-time
Birthplace - Recent
1.8% from Philippines
Recent
Foreign Languages
Foreign Languages
| Tagalog | 9% |
| Bengali | 8% |
| Tamil | 4% |
| Cantonese | 3% |
| Greek | 1% |
Religions
Religions
| Christian | 59% |
| Muslim | 11% |
| Hindu | 10% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
10
Social housing buildings
in the neighbourhood.
Shelters
Shelters
4
Homeless shelters in
the neighbourhood.
