238 GARDEN AVENUE - Photo 1 of 41, Toronto (High Park-Swansea), Ontario
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$2,199,000

238 GARDEN AVENUE — Toronto (High Park-Swansea), Ontario

M6R1J1

ROYAL LEPAGE REAL ESTATE SERVICES LTD.
5Beds
4Baths
2Parking

About This Property

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. (id:63357)

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property Location

Map

Property Details

Property Type
Multi-Unit
Bedrooms
5
Bathrooms
4
Stories
2.5
Status
Active

Location & Neighborhood

What's nearby 238 GARDEN AVENUE

Nearby Schools

Last updated: Sep 15, 2026

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$2,199,000
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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