39 Magnolia Avenue, Toronto, ON M1K 3K3
- Property tax
- $3,537 / year
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.
- MLS number
- E13719368
- Type
- Semi-Detached
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- M1K 3K3
- Photos
- 16
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Rooms
11 rooms as the listing brokerage filed them, with measurements.
Ground
| Room | Size | Features |
|---|---|---|
| Breakfast | 2.77 × 3.19 m | Vinyl Floor · W/O To Garage |
| Living Room | 4.14 × 3.60 m | Hardwood Floor · Formal Rm |
| Dining Room | 2.75 × 3.60 m | Hardwood Floor · Formal Rm |
| Kitchen | 2.77 × 2.50 m | Vinyl Floor · Backsplash |
Second
| Room | Size | Features |
|---|---|---|
| Bedroom 4 | 3.84 × 3.02 m | Hardwood Floor · Closet |
| Bedroom 3 | 2.76 × 2.55 m | Hardwood Floor · Closet |
| Bedroom 2 | 2.97 × 2.55 m | Hardwood Floor · Closet |
| Primary Bedroom | 4.08 × 3.02 m | Hardwood Floor · Closet |
Basement
| Room | Size | Features |
|---|---|---|
| Laundry | 3.52 × 2.61 m | Ceramic Floor · 3 Pc Ensuite |
| Media Room | 5.17 × 3.02 m | Parquet · Formal Rm |
| Other | 3.07 × 1.50 m | Vinyl Floor · Formal Rm |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Semi-Detached
- Style
- 2-Storey
- Class
- Residential Freehold
- Fronting on
- East
- Community
- Kennedy Park
- Municipality
- Toronto E04
- Cross street
- Midland Ave/ Danforth Rd.
Inside
- Bedrooms
- 5
- Bedrooms above grade
- 4
- Bathrooms
- 3
- Washrooms
- 1 on the second floor · 1 on the basement floor · 1 on the main floor
- Kitchens
- 2
- Rooms above grade
- 10
- Basement
- Finished with Walk-Out
- Size
- 1100-1500
Building
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Brick
Parking
- Garage
- Built-In
- Covered spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Features
- Available
Land
- Lot
- 25 × 104 feet
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
- Water
- Municipal
- Sewer
- Sewer
Features
- Interior
- Other
Listing
- MLS number
- E13719368
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-08-27
- Expires
- 2027-01-31
- Possession
- 2026-09-01
- Taxes
- $3,537 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 6 times.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Scarborough Centre for Alternative Studi Toronto DSB | Secondary | 790 m | Not reported |
| Caring and Safe School 3 Toronto DSB | Secondary | 798 m | Not reported |
| South East Secondary Alternative School Toronto DSB | Secondary | 817 m | Not reported |
| John A Leslie Public School Toronto DSB | Elementary | 906 m | / 10 60% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 506 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35203496 — the few blocks around this address, home to 506 people. It describes the area, not this property.
Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — none currently in progress.
This is an application for a Part Lot Control application to lift part lot control in order to create forty-eight (48) townhouses and to ensure the registration of necessary easements for access and maintenance purposes.…
Site plan application for a gas bar with an associated 143 square metre convenience store.
This is an application for Draft Plan of Comment Element Condominium which is required to provide legal access to forty-eight (48) townhouses and to ensure shared ownership and maintenance of the driveways, walkways, visitor parking spaces and landscaped areas…
To permit forty eight (48), three-storey freehold townhouse dwelling units to be developed within five (5) building blocks at 3640 St. Clair Avenue East.…
The site is located at the northwest corner of Midland Ave and St Clair Ave E. The site is triangular in nature and has a site area of 1.52 ha. A branch of the CNR is located along the northwest boundary of the stie.…
The site is located at the northwest corner of Midland Ave and St Clair Ave E. The site is triangular in nature and has a site area of 1.52 ha. A branch of the CNR is located along the northwest boundary of the stie.…
What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.