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238 Garden Avenue, Toronto

4 bed4 bath2 parking1,500–2,000 sqftResidentialProperty
For Sale
$2,125,000

Listing Provided By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Key Facts

Bedrooms
4
Bathrooms
4
Living area
1,500–2,000 sqft
Property type
ResidentialProperty

Property details

MLS#W14120500
StatusFor Sale
Property typeResidentialProperty
Listing typeSale
Parking2
List date2026-10-27
Postal codeM6R 1J1
NeighbourhoodHigh Park-Swansea
CityToronto

About this home

Exceptional investment opportunity in one of Toronto's most desirable west-end neighborhoods. 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

MRMark Risi
Broker
(416)457-9929
RE/MAX Your Community Realty, Brokerage
CallText
RE/MAX Your Community Realty, Brokerage
The data relating to real estate on this website comes in part from the Toronto Regional Real Estate Board (TRREB) and the Canadian Real Estate Association (CREA). Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

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