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Est. payment /mo
4 Beds
4 Baths
Active
238 Garden AVE Toronto W01, ON M6R 1J1
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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 W13786876
Style 2 1/2 Storey
Bedrooms 4
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, 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.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Zoning R (d.06) (x290)
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 17.83
Lot Depth 121.75
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
NEARBY SCHOOL & BUSINESS
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