238 Garden Avenue
High Park-Swansea, Toronto, M6R 1J1
For Sale
23.93 BTC
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4 + 1
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 10 + 3
ROOMS W13636118
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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.
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Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School, None, Lane
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Property Details
Property Type
Triplex
Lot Size
18' x 122'
Acreage
2,131.0 Feet
Taxes
$8,602 (2026)
Basement
Apartment, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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