238 GARDEN AVENUE,Toronto (High Park-Swansea),Ontario,M6R1J1

$2,199,000

238 GARDEN AVENUE,Toronto (High Park-Swansea),Ontario,M6R1J1

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:63658)

PROPERTY SUMMARY

MLS® #	:	W13786864
Listing price	:	$2,199,000
Listed on	:	24-09-2026
Property subtype	:	For sale
Square footage	:	2212 sqft
Year built	:	0000
Listing office	:	ROYAL LEPAGE REAL ESTATE SERVICES LTD.

BEDROOM & BATHROOM

Total bedrooms	:	0 Bedrooms
Total bathrooms	:	0 Bathrooms

BUILDING

Building type	:
Parking	:

Community location

Neighbourhood Highlights

• Highway