Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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.

The trademarks MLS®, REALTOR®, and the associated logos are owned or controlled by The Canadian Real Estate Association. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

©2026 Canadian Real Estate Association.  All rights reserved.

 

Powered by Luxury Presence