238 Garden Avenue

For Sale
23.93 BTC
238 Garden Avenue, Toronto
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
4 + 1
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
10 + 3
ROOMS
W13636118
MLSID
Contact Us
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.
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School, None, Lane
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
Listing contracted with Royal Lepage Real Estate Services Ltd.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
0