




5 Beds
4 Baths
C$2,199,000
238 GARDEN AVENUE, Toronto ( High Park - Swansea ) Ontario, M6R1J1
Property typeMulti-family
Courtesy of IAN WILSON with ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Overview
Active
Listed Sep 15, 2026
Updated 24h ago
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, totalling 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 mostsought-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:41202)
Additional information
- MLS® ID
- W13786876
Interior Features
- Bedrooms
- 5
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $8,602
- Tax Frequency
- Annually
Courtesy of IAN WILSON with ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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