




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 6 days 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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