238 Garden Avenue Toronto, Ontario M6R 1J1
$2,199,000
Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, 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 lower and main levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2212 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:24801)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | W13786864 |
| Property Type | Multi-family |
| Community Name | High Park-Swansea |
| Amenities Near By | Highway |
| Features | Conservation/green Belt |
| Parking Space Total | 2 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,212 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Sanitary Sewer |
| Size Depth | 121 Ft ,9 In |
| Size Frontage | 17 Ft ,9 In |
| Size Irregular | 17.83 X 121.75 Ft |
| Size Total Text | 17.83 X 121.75 Ft |
| Zoning Description | R (d.06) (x290) |
Contact Us
Contact us for more information
Ian Wilson
Salesperson
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
(416) 236-1871
Christopher Mark Chandler
Salesperson
3031 Bloor St. W.
Toronto, Ontario M8X 1C5
(416) 236-1871
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September 15 2026 06:36:09
Toronto Regional Real Estate Board
Royal LePage Real Estate Services Ltd.