PROPERTY DETAILS

238 Garden Avenue,

Toronto, Ontario M6R 1J1

$2,229,000
4+1
4
2

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt 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 main and lower levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2,212 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 W13636118
Property Type Multi-family
Building Type Triplex
Storeys 3
Community Name High Park-Swansea
Land Size 17.8 x 121.8 FT
Parking type No Garage
Amenities Nearby Hospital, Park, Place of Worship, Public Transit, Schools
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Location
Building
Basement Features Apartment in basement, Separate entrance
Basement Type N/A, N/A
Bathrooms (Total) 4
Bedrooms - Above Grade 4
Bedrooms - Below Grade 1
Cooling Central air conditioning
Exterior Finish Brick
Heating Fuel Natural gas
Heating Type Forced air
Rooms
Living room 4.47 m x 7.04 m
Dining room 4.47 m x 7.04 m
Kitchen 4.47 m x 7.04 m
Bedroom 4.25 m x 3.59 m
Pantry 2.35 m x 1.01 m
Living room 3.87 m x 6.16 m
Dining room 3.87 m x 6.16 m
Kitchen 3.87 m x 6.16 m
Bedroom 3.23 m x 3.62 m
Living room 4.2 m x 6.99 m
Dining room 4.42 m x 6.99 m
Kitchen 4.42 m x 6.99 m
Bedroom 2.17 m x 4.89 m
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August 07 2026 03:07:14

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