$2,229,000
238 Garden Avenue, Toronto, ON M6R 1J1
5 beds4 baths2 parking 1500-2000 ft²
Key facts
- MLS®
- W13636118
- Status
- New
- Type
- Triplex
- Taxes
- $8,602
- Size
- 1500-2000 ft²
- Parking
- 2 total
- Lot
- 2131 Feet
- Listed
- 2026-08-04
- Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
- Cross street
- Sunnyside / High Park
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.