39 Magnolia Avenue, Toronto, Ontario M1K 3K3

Listed for:
$799,800
5 beds
3 baths
Listed 3 days ago
House for rent: 39 Magnolia Avenue, Toronto, Ontario M1K 3K3

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About

Midland Ave/ Danforth Rd. 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. (id:27476)

Property Highlights

MLS® Number
E13502322
Type
Single Family
Community Name
Kennedy Park
Ownership Type
Freehold
Land Size
25 x 104 FT
Parking Space Total
3

Building

Building Type
House
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
5
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Primary Bedroom
Second level
4.08 m x 3.02 m
Bedroom 2
Second level
2.97 m x 2.55 m
Bedroom 3
Second level
2.76 m x 2.55 m
Bedroom 4
Second level
3.84 m x 3.02 m
Other
Basement
3.07 m x 1.5 m
Media
Basement
5.17 m x 3.02 m
Laundry room
Basement
3.52 m x 2.61 m
Living room
Ground level
4.14 m x 3.6 m
Dining room
Ground level
2.75 m x 3.6 m
Kitchen
Ground level
2.77 m x 2.5 m
Eating area
Ground level
2.77 m x 3.19 m

Location

Learn more about this property
Listing provided by:
RE/MAX GOLD REALTY INC.
MLS® number:
E13502322
Agent:
Pankaj Arora
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