238 Garden Avenue, Toronto, ON M6R 1J1
Toronto W01, ON, M6R 1J1 · High Park-Swansea
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Gas Forced Air Closed
- Sewer: Sanitary
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Lot Size | 2,131 Feet |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Gas Forced Air Closed |
| Cooling | Yes |
| Sewer | Sanitary |
| Annual Tax | $8,602 |
| Tax Year | 2026 |
Building & Construction
- Building Area Total
- 2212
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- Yes
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
Lot & Land
- Lot Size Area
- 2131.00
- Lot Size Units
- Feet
- Lot Depth
- 121.75
- Lot Width
- 17.83
Community & Neighborhood
- Community Features
- Greenbelt/Conservation, Major Highway
Financial & Tax
- Tax Annual Amount
- $8,602
- Tax Year
- 2026
- Possession Type
- Other
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sanitary
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Toronto
- Cross Street
- Sunnyside / High Park
- Directions
- Sunnyside / High Park
- Showing Requirements
- Showing System
Location
238 Garden Avenue, Toronto, ON M6R 1J1, Toronto W01, ON, M6R 1J1