39 Magnolia Avenue, Toronto, ONM1K 3K3
Monthly Cost
Property Information
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
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
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A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 69%
- Homeowners
- 70%
- Households with kids
- $80,000
- Median income
- 42
- Median age
- 3
- Avg. household size
- 22%
- University degree
- 51%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35203496). Values are randomly rounded by Statistics Canada for privacy.
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Show data source & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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