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$699,000
39 Magnolia Avenue • Toronto, ONNew
Courtesy of RE/MAX GOLD REALTY INC.
4+1
Bedrooms
3
Bathrooms
1100-1500
Square feet
3
Parking

About this home

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.

Property details

Property type
Semi-Detached
Style
2-Storey
Total rooms
10
Lot size
25 × 104 ft
Property taxes
$3,536.67 (2025)
Days on market
1
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Aug 27, 2026, 4:57 p.m. EDT via TRREB IDX.

First listed: Aug 27, 2026, 2:39 p.m. EDT.