238 Garden Avenue, Toronto (High Park-Swansea), ON M6R1J1

  • Active

 CAD 2,199,000

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# W13786864
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, 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 lower and main levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2212 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. (id:12139)

Property Details

General

  • Sq. Ft.: 2212
  • Subdivision: High Park-Swansea
  • Pool: No
  • Cooling: Fully air conditioned
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Sewer: Sanitary sewer
  • View: No
  • Waterfront: No
  • Building Type: Multi-family
  • Total Parking Spaces: 2
  • Attached Garage: No
  • Open Parking: No

Activity

  • Days On Market: 38
  • List Date: 09/15/2026
 

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