For sale16 photos
For sale
39 MAGNOLIA AVENUE
MLS® E13719368 · 19 days on market · Active
$749,000
Inquire about this propertyA 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. (id:67193)
Kerrland Realty Group
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Kerri LuSales Representative · Team Leader(289) 971-1362Estimate the monthly payment on this price. Adjust the down payment, rate and amortisation to see what changes.
Monthly payment
$3,396
Not included
Property tax, condo maintenance fees and home insurance are paid separately and are not part of this payment. Budget for them alongside it.
CMHC premium schedule as of 2026-08-18. Estimate only — not financial advice. Actual payments, insurance premiums and approval depend on your lender.
Land Transfer Tax — pre-filled with this price.
Neighbourhoods
Canada's largest city — condos, family homes, and everything between, across dozens of distinct neighbourhoods.
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Kerrland Realty Group
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| Room | Level | Dimensions |
|---|---|---|
| Eating area | Ground level | 2.77 x 3.19 |
| Laundry room | Basement | 3.52 x 2.61 |
| Media | Basement | 5.17 x 3.02 |
| Bedroom 4 | Second level | 3.84 x 3.02 |
| Bedroom 3 | Second level | 2.76 x 2.55 |
| Living room | Ground level | 4.14 x 3.6 |
| Other | Basement | 3.07 x 1.5 |
| Dining room | Ground level | 2.75 x 3.6 |
| Bedroom 2 | Second level | 2.97 x 2.55 |
| Primary Bedroom | Second level | 4.08 x 3.02 |
| Kitchen | Ground level | 2.77 x 2.5 |
