39 Magnolia Avenue, Toronto, ON M1K 3K3
Assigned school
56% EQAO
Norman Cook Junior Public School
Childcare
6 centres
0.3 km closest
Block profile
69% owners
$80k median
Small-area Census counts are randomly rounded by Statistics Canada.
Explore this address →Property Information
Monthly Cost
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.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
School Catchments
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Toronto school catchments →Licensed Childcare Nearby
6 licensed centres nearby · closest 348 m
Area Checks
146 m from a rail corridor
Visit at train times to judge noise and vibration for yourself.
Source: Ontario Railway Network (ORWN) · as of Sep 2026
Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, heritage conservation districts, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, hydro transmission corridors.
Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.
About Kennedy Park
View Kennedy Park on Market →Who lives here
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
More about this area
- 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.
Homes for sale nearby
Ask About this Home
Viewings, questions, offers — one message reaches us. Learn more in our privacy policy or contact us.
Data sources & 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.
DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.
This website is not intended to solicit persons currently under contract with a brokerage.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.