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$ 2,229,000
Est. payment /mo
New
238 Garden AVE Toronto W01, ON M6R 1J1
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto W01
Subdivision High Park-Swansea
MLS Listing ID W13636118
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $8,601
Tax Year 2026
Property Sub-Type Triplex
Property Description
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, totaling 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 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.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 17.83
Lot Depth 121.75
Total Parking Spaces 2
Building
Unit Features Hospital,Library,Park,Place Of Worship,Public Transit,School
Foundation Concrete Block
Others
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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