PROPERTY DETAILS

238 Garden Avenue,

Toronto, Ontario M6R 1J1

$2,229,000
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Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the lower and main levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one of Toronto's most sought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400, Expenses $17,750, Net Income $98,650 in year 1. Offering memorandum available. (id:29237)

Property Details
MLS® Number W13636046
Property Type Multi-family
Building Type Multi-Family
Community Name High Park-Swansea
Land Size 17.83 x 121.75 FT
Amenities Nearby Highway
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Location
Building
Cooling Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
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August 07 2026 03:07:14

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