39 Magnolia Ave scarborough Semi-Detached home Sold Condition 1970-01-01

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.

Features

Facing: East
Bedrooms: 4
Bathrooms: 3
Garages: 1
Kitchens: 1

Details

Lot size: 25.00 x 104.00 Feet
Space: 1100-1500
Tax: $ 3536.67
E13719368
Listing contracted with: RE/MAX GOLD REALTY INC.

Room	Size(M)	Description
Breakfast	2.77x3.19	Vinyl Floor, W/O To Garage
Laundry	3.52x2.61	Ceramic Floor, 3 Pc Ensuite
Media Rm	5.17x3.02	Parquet, Formal Rm
4th Br	3.84x3.02	Hardwood Floor, Closet
3rd Br	2.76x2.55	Hardwood Floor, Closet
Living Rm	4.14x3.60	Hardwood Floor, Formal Rm
Other	3.07x1.50	Vinyl Floor, Formal Rm
Dining Rm	2.75x3.60	Hardwood Floor, Formal Rm
2nd Br	2.97x2.55	Hardwood Floor, Closet
Primary B	4.08x3.02	Hardwood Floor, Closet
Kitchen	2.77x2.50	Vinyl Floor, Backsplash

Bathroom	Pieces	Level
1xBath	4 pcs	Second
1xBath	3 pcs	Basement
1xBath	3 pcs	Main

Property Summary

Located close to the intersection of Midland Ave and Danforth Rd., 39 Magnolia Ave is a 4+1 bedrooms 3 washrooms Semi-Detached. The unit has a Single Built-In Parking Space. The property has many nice features including Other. Breakfast Room, Living Room Rm, Dinning Room Rm and Kitchen are on the Ground floor.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 27% of residents hold a bachelor's degree or higher, while about 29% have a college credential. Residents use a combination of driving and public transit for commuting.