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$749,000
For SaleListed 9 days ago

39 Magnolia Avenue, Toronto, ON M1K 3K3

Kennedy Park
5
3
1,100–1,500 ft²
Semi-Detached3 Parking25 × 104 ft Lot
Listed by RE/MAX GOLD REALTY INC.

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

Property TypeSemi-Detached
Lot Size25 × 104 ft
BasementFinished with Walk-Out
Parking3 parking spaces · Available · Built-In
Property taxes$3,537/yr (2025)
Days on Market9 Days
Listed DateAug 27, 2026
MLS® NumberE13719368

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

Event
Date
Price
Price Changed
Sep 4, 2026
$749,000
Listed
Aug 27, 2026
$699,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 39 Magnolia Avenue, Toronto, ON M1K 3K3 inside the Norman Cook Junior Public School attendance boundaryView on Map

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

Licensed Child Care Centre
Today'S Child Tomorrow'S Future Children'S Centre (725 Danforth) Facility #8470
725 Danforth Road, Toronto
0.3 km
Full day · Before & after school
Operator: Today'S Child Tomorrow'S Future Children'S Centre Inc.
Licence #08470·Child Care Centre
Licensed Child Care Centre
St. Crispin'S Day Care Centre
530 Midland Avenue, Toronto
0.5 km
Full day · Before & after school
Licence #0006033·Child Care Centre
Licensed Child Care Centre
Canadiana Court Early Learning & Child Care Centre
20 Gordonridge Place, Toronto
0.6 km
Full day
Operator: City Of Toronto
Licence #01978·Child Care Centre
Licensed Child Care Centre
Nyad - Midland
720 Midland Avenue, Toronto
0.8 km
Full day
Operator: Nyad (Community) Inc.
Licence #0001511·Child Care Centre
Licensed Child Care Centre
Nyad - Corvette
30 Corvette Avenue, Toronto
0.8 km
Full day · Before & after school
Operator: Nyad (Community) Inc.
Licence #15040·Child Care Centre
Licensed Child Care Centre
John A. Leslie Child Care - Scarborough
459 Midland Avenue, Toronto
0.9 km
Full day · Before & after school
Licence #11806·Child Care Centre

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)
Age profile506 residents
Under 2016%
20–3425%
35–6440%
65+19%

StatCan 2021 Census · this home’s dissemination area (DA 35203496). Values are randomly rounded by Statistics Canada for privacy.

Homes for sale nearby

DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Sep 4, 2026
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.

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