238 GARDEN AVENUE,Toronto (High Park-Swansea),Ontario,M6R1J1
For sale
$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, 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:63658)
PROPERTY SUMMARY
| MLS® # | : | W13786876 |
| Listing price | : | $2,199,000 |
| Listed on | : | 24-09-2026 |
| Property subtype | : | For sale |
| Square footage | : | 1500 sqft |
| Year built | : | 0000 |
| Listing office | : | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
BEDROOM & BATHROOM
| Total bedrooms | : | 5 Bedrooms |
| Total bathrooms | : | 4 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |
Community location
Neighbourhood Highlights
-
Hospital
Park
Place of Worship
Public Transit
Schools