238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
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$2,229,000
Est. payment /mo
5 Beds
4 Baths
2,131 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto W01

Subdivision High Park-Swansea

MLS Listing ID W13636118

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $8,601

Tax Year 2026

Lot Size 2131.000 Acres

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Toronto

Community Toronto W01

Area Toronto

Zoning R (d.06) (x290)

Rooms

Basement Apartment, Separate Entrance

Kitchen 3

Interior

Interior Features None

Cooling Central Air

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 2

Building

Foundation Concrete Block


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Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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Jordan Pal

Jordan Pal

+63(915) 883-4393

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CEO, Co-founder

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